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DigiPlus responds to rumors of gambling restrictions and stock price decline: Legislation is premature, business progresses as usual.

DigiPlus responds to rumors of gambling restrictions and stock price decline: Legislation is premature, business progresses as usual.

Philippine listed company DigiPlus Interactive Corp said on Friday that the recent decline in stock prices may be related to "market speculation about the bill limiting online gambling." Previously, DigiPlus's stock price fell 13.9% on Thursday to close at 38.75 Philippine pesos per share, and fell

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Entain may face a 150 million GBP lawsuit

Entain may face a 150 million GBP lawsuit

Previous bribery allegations have led Entain into legal disputes. According to Law.com, the UK law firm Fox Williams is seeking substantial compensation from the operator.It is reported that the law firm claims the company's stock price plummeted due to historical bribery allegations, amounting to o

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DraftKings second-quarter conference call, shares fall

DraftKings second-quarter conference call, shares fall

There's no doubt that DraftKings' second-quarter earnings report this week generated a lot of attention, mostly because the company finally reported a profit, with quarterly net income of $63.8 million. However, despite this, DraftKings' stock price fell immediately after the earnings re

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DraftKings posts 26% revenue growth in second quarter, announces $1 billion stock buyback plan

DraftKings posts 26% revenue growth in second quarter, announces $1 billion stock buyback plan

key point: Revenue growth:DraftKings Inc. (NASDAQ: DKNG ) announced second-quarter 2024 revenue up 26% to $1.104 billion. Profitability:The company finally achieved a profitable quarter, announcing a net profit of $63.8 million. Operating loss:Despite being profitable, DraftKings rep

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