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News JPMorgan Starts Genius Sports at Overweight, Citing Prediction Markets Upside

JPMorgan initiated coverage on Genius Sports with an Overweight rating and $8 price target, saying prediction markets could add upside not yet reflected in Wall Street estimates.

Joe Boozell • 14 minutes ago
News Las Vegas Strip Casino Revenue Up 0.7% in August as Baccarat Offsets Wider Declines

Las Vegas Strip casino revenue was nearly flat in August, with baccarat gains offsetting declines in blackjack, roulette, sports betting and penny slots as tourism indicators remained weak.

Joe Boozell • 1 hours ago
News Senate Prediction-Market Ban Puts Focus on Rep. Bryan Steil’s Narrower Proposal

A Senate-approved ban on congressional prediction-market participation is drawing new scrutiny to Rep. Bryan Steil’s more limited House proposal as he campaigns on ethics reform.

Joe Boozell • 1 hours ago