Bullish Morgan Stanley Memo Boosts DraftKings Stock

Sports Betting Stocks

Investment firm Morgan Stanley released a memo on DraftKings’ stock on Wednesday, upgrading its standing from “equal weight” to “overweight”. DraftKings is set to see another substantial bump in stock price in 2022, with New York’s mobile sportsbook launch providing a huge boost to DraftKings’ revenue figures, among other factors. BOSTON – After a rough…

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New York Court Declares Daily Fantasy Sports Unconstitutional

New York Court Declares Daily Fantasy Sports Unconstitutional

The New York Constitution bans games of chance that aren’t regulated by the state. Daily fantasy sports have been interpreted differently in different states. New York has mixed feelings about whether or not daily fantasy sports are considered gambling or not. NEW YORK – New York courts have been going back and forth about whether…

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Online Sports Betting, Poker In NE Up For Debate In 2020

Nebraska Poker Bill

NE LB 990 is the bill that would legalize online poker in Nebraska. Sports betting and daily fantasy sports will also be legalized with this bill. The legislative session in Nebraska lasts until April 23. LINCOLN, Neb. – A new gambling expansion bill could bring online poker to Nebraska sometime in 2020. What Does The…

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FanDuel Starts Daily Fantasy Sports Operations In Iowa

FanDuel Starts Daily Fantasy Sports Operations In Iowa

FanDuel is now accepting daily fantasy sports customers. DraftKings started DFS operations in Iowa about a month ago. No collegiate DFS contests are currently being accepted. DES MOINES, Iowa – FanDuel began daily fantasy sports (DFS) operations in Iowa on Tuesday. Legal sports betting and DFS both started in Iowa about a month ago. With…

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