Sports betting stocks are no slam dunk, even during March Madness
CNN
It's been an exciting NCAA men's basketball tournament so far. Baylor, the reigning champ, is already out. Perennial powerhouses Gonzaga and Duke still look solid. And we have this year's Cinderella: hello, Saint Peter's Peacocks! For investors in sports betting stocks, however, March Madness has been a bit of, well, an air ball.
For investors in sports betting stocks, however, March Madness has been a bit of, well, an air ball.
DraftKings, FanDuel owner Flutter Entertainment, Caesars, MGM and Barstool backer Penn National Gaming continue to struggle. That's despite 30 states and Washington, DC having legalized sports wagering and coming off one of the greatest NFL playoffs and Super Bowls ever.
President Joe Biden on Sunday delivers his first commencement address of the 2024 season at Morehouse College, where the president may for the first time in months have to confront the angst that’s been percolating on college campuses nationwide toward his administration’s policies on the Israel-Hamas war.
Arab and Palestinian Americans left a meeting with Secretary of State Antony Blinken on Friday night frustrated they did not have a clear understanding of how the Biden administration might act upon their concerns as the Israel-Hamas war devastates the civilian population in Gaza, participants told CNN.