NBA, sportsbooks discussing changes to prop bets after Jontay Porter's ban: report [FOX News]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: FOX News
The NBA is hoping that Jontay Porter's lifetime ban is the last gambling scandal the association has to face. According to ESPN, the league is discussing changes to prop bet menus with its partner sportsbooks. The discussions have gone as far as discussing the banning of "under" wagers for specific players, but there are apparently concerns that illegal gambling could increase without such a market. "Since states began legalizing sports betting in 2018, we have worked closely with betting operators as well as integrity monitoring organizations to put in place essential monitoring and reporting systems so that we are best positioned to identify potential betting anomalies and to act to protect the integrity of our game," an NBA spokesperson said in a statement to ESPN. Porter received a lifetime ban on April 17 after the NBA found in an investigation that he had disclosed confidential information to sports bettors and bet on games in violation of league rules. The NBA prohibit
Show less
Read more
Impact Snapshot
Event Time:
DKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DKNG alerts
High impacting DraftKings Inc. - Class A news events
Weekly update
A roundup of the hottest topics
DKNG
News
- Dow Tags 40K. SPX Hits AT High. Here Are 3 Ways To Profit! [Forbes]Forbes
- Cramer's Lightning Round: DraftKings is a buy [CNBC]CNBC
- DraftKings Inc. (NASDAQ: DKNG) had its price target raised by analysts at UBS Group AG from $56.00 to $60.00. They now have a "buy" rating on the stock.MarketBeat
- CFTC Aims To Ban Derivatives Based On Elections, Athletic Competitions And Awards Contests [zero hedge]zero hedge
- Vasiliy Lomachenko vs George Kambosos Jr. live updates: How to watch, stream fight, predictions [USA TODAY]USA TODAY
DKNG
Earnings
- 5/2/24 - Beat
DKNG
Sec Filings
- 5/17/24 - Form 8-K
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- DKNG's page on the SEC website