Defiance Daily Target 2X Long DKNG ETF(DKNX.US)

Last Updated 19:00:00 ET
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Defiance Daily Target 2X Long DKNG ETF
DKNX.US
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NFL Clarifies Ad Policy, Says Prediction Markets Not Prohibited From Super Bowl ADS- CNBC

Jan 29 (Reuters) -* NFL CLARIFIES AD POLICY, SAYS PREDICTION MARKETS NOT PROHIBITED FROM SUPER BOWL ADS- CNBC

Reuters·
US
DRAY
-0.75%
US
FLUT
+1.19%
US
DKNX
-1.12%
Reuters·
US
DRAY
-0.75%
US
FLUT
+1.19%
US
DKNX
-1.12%

Winter Storm Fern Puts Spotlight on NFL Playoffs, Lifts Betting Volume Expectations

Analysts are highlighting the impact of Winter Storm Fern on U.S. sports betting, coinciding with key NFL playoff games. The storm is affecting over 200 million people, leading to travel disruptions and increased indoor confinement. This situation may boost television viewership for the NFC and AFC championship games, potentially increasing sports betting activity on platforms like DraftKings and FanDuel. Analysts predict a rise in betting volume, with NFL games seeing a high single-digit increase this year, indicating strong demand for marquee events despite the growth of prediction markets.

GuruFocus·
US
FLUT
+1.19%
US
DRAY
-0.75%
US
BETZ
+0.10%
GuruFocus·
US
FLUT
+1.19%
US
DRAY
-0.75%
US
BETZ
+0.10%

MGM Resorts International Stock Underperforms Wednesday When Compared To Competitors

MGM Resorts International's stock fell 2.18% to $32.75 on Wednesday, marking its second consecutive day of losses. The stock is currently 20.74% below its 52-week high of $41.32. In comparison, competitors like Las Vegas Sands Corp. and DraftKings saw gains, while Caesars Entertainment experienced a decline. The trading volume for MGM was 4.4 million, slightly above its 50-day average of 4.3 million.

Dow Jones·
US
DKNX
-1.12%
US
DRAY
-0.75%
US
MGM
+1.80%
Dow Jones·
US
DKNX
-1.12%
US
DRAY
-0.75%
US
MGM
+1.80%

PENN Entertainment Inc. Stock Underperforms Tuesday When Compared To Competitors

Shares of PENN Entertainment Inc. (PENN) fell 2.76% to $13.74 on Tuesday, marking its third consecutive day of losses. The stock is currently 40.47% below its 52-week high of $23.08. In comparison, competitors like Las Vegas Sands Corp. (LVS), DraftKings Inc. (DKNG), and MGM Resorts International (MGM) also experienced declines. The trading volume for PENN was 2.9 million, which is below its 50-day average of 3.6 million.

Dow Jones·
US
PEJ
+0.15%
US
BETZ
+0.10%
US
DKUP
-1.23%
Dow Jones·
US
PEJ
+0.15%
US
BETZ
+0.10%
US
DKUP
-1.23%

New Legal Sports Report-Sports Betting Alliance Legal Wager Forecast Predicts Over $1.7 Billion From Legal Wagers On Big Game

A new analysis by Legal Sports Report and the Sports Betting Alliance forecasts that $1.71 billion will be legally wagered on the upcoming football championship, marking a 10.3% increase from last year. This growth reflects the expanding regulated sports betting markets in the U.S., with new jurisdictions like Missouri contributing. The report emphasizes the economic benefits of legal betting, including tax revenues and consumer protections, contrasting it with illegal betting operations. The forecast highlights the importance of regulated sportsbooks in safeguarding consumer interests and supporting local communities.

MorningStar·
US
DKNG
-0.60%
US
BETZ
+0.10%
US
DKNX
-1.12%
MorningStar·
US
DKNG
-0.60%
US
BETZ
+0.10%
US
DKNX
-1.12%
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