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Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business. The company was founded in 2021 and is headquartered in New York, NY.

Cipher Mining Inc

CIFR is trending as anticipation builds around a potential high-performance computing (HPC) deal, possibly with a major player like Oracle, driving bullish sentiment. Community members are actively discussing potential price targets and the company's prospects in the AI data center space, drawing comparisons to sector peers. Some traders speculate about an imminent announcement, while others cite the company's strong positioning within the AI infrastructure landscape as a reason for optimism.

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Applied Digital Corporation

APLD is trending as the community speculates on a potential hyperscaler deal and its ties to Nvidia's AI initiatives, driving significant price movement. Talk centers around potential partnerships and anticipation of substantial upside due to secured contracts amid growing AI infrastructure demand. Some traders are also highlighting potential short squeeze opportunities.

Newegg Commerce, Inc. is an e-commerce company. It offers direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products. The firm also provides third-party logistics services globally. The company was founded on July 22, 2003 and is headquartered in City of Industry, CA.

Newegg Commerce Inc

NEGG is trending amid high short interest and borrow fees, sparking discussions of a potential short squeeze. Community members are debating whether a large shareholder will trigger a squeeze, while others highlight the stock's volatility and potential for both significant gains and losses. The stock's connection to a well-known investor and its standing on short squeeze leaderboards are also driving interest.

Target Corp. engages in the operation and ownership of general merchandise stores. It offers food and general merchandise, clothing and household goods, electronics, and toys. Its brands include A New Day, All in Motion, Art Class, Auden, AVA & VIV, Boots and Barkley, Brightroom, Bullseye's Playground, Casaluna, Cat & Jack, Cloud Island, Colsie, dealworthy, Embark, Everspring, Favorite Day, Figmint, Future Collective, Gigglescape, Good & Gather, Goodfellow & Co, Hearth & Hand with Magnolia, Heyday, Hyde & EEK! Boutique, JoyLab, Kindfull, Kona Sol, Made By Design, Market Pantry, Mondo Llama, More Than Magic, Opalhouse, Open Story, Original Use, Pillowfort, Project 62, Room Essentials, Shade & Shore, Smartly, Smith & Hawken, Sonia Kashuk, Spritz, Sun Squad, Threshold, Universal Thread, up&up, Wild Fable, Wondershop, Xhilaration, California Roots, Casa Cantina, The Collection, Headliner, Jingle & Mingle, Rosé Bae, Photograph, SunPop, and Wine Cube. The company was founded by George Draper Dayton in 1902 and is headquartered in Minneapolis, MN.

Target Corp

Target is trending as the community debates whether it represents a value opportunity or a value trap, with some citing its low P/E ratio and high dividend yield. Discussions include TRC Capital's mini-tender offer and speculation about potential catalysts like Taylor Swift's new album, while others express concern over falling sales and overall market performance.

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Walt Disney Co (The)

Walt Disney Co.

Walt Disney Co. is trending as community members react to news of Jimmy Kimmel's show returning, sparking debates about free speech, censorship, and the company's direction. Some investors express concerns about Disney potentially alienating portions of its audience, while others see a buying opportunity amidst the controversy. The stock's long-term potential is also being weighed against immediate market reactions within the context of the broader streaming landscape.

Amazon.com, Inc. is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment offers retail sale of consumer products, including from sellers, advertising, and subscriptions services through North America-focused online and physical stores. The International segment focuses on retail sale of consumer products, including from sellers, advertising, and subscription services through internationally-focused online stores. The AWS segment is composed of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

Amazon.com Inc.

Amazon.com Inc

Amazon's stock is seeing mixed sentiment as investors debate its near-term direction, while noting the company is lagging behind other mega-cap tech stocks this year. Some traders express frustration with the stock's intraday price action and overall performance, while others are discussing potential catalysts like upcoming earnings and a possible resolution to the FTC trial over Prime subscriptions. The community is also weighing the potential impact of new H-1B visa regulations.

BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provide its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The firm operationalizes artificial intelligence and machine learning at scale through its end-to-end data analytics platform. It deploys its observe, orient and dominate products to customers throughout the defense, intelligence, and commercial markets. The company was founded in 2020 and is headquartered in McLean, VA.

BigBear.ai Holdings Inc

BigBear.ai ($BBAI) is trending as the community discusses its potential for a short squeeze and anticipates upcoming news or contracts.  Bullish sentiment is fueled by the stock's recent price action, high trading volume, and perceived government ties.  Many are focused on key price levels and expressing optimism about the company's prospects in the AI and national security sectors.

Tempus AI, Inc. is a healthcare technology company, which engages in bringing artificial intelligence and machine learning to healthcare. It focuses on building platforms for oncology, neuropsychiatry, cardiology, infectious disease, and radiology. The company was founded by Eric Paul Lefkofsky in August 2015 and is headquartered in Chicago, IL.

Tempus AI Inc. - Ordinary Shares - Class A

Tempus AI Inc

Tempus AI is trending following news of its acquisition of Paige, a leader in digital pathology, aimed at enhancing AI-powered cancer diagnostics. Community discussions revolve around the potential impact of this acquisition on Tempus's market position and its broader strategy in the AI healthcare space.  However, some are expressing concern over insider selling and the valuation of the stock.

Better Home & Finance Holding Co. engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner's insurance services. The company was founded in 2014 and is headquartered in New York, NY.

Better Home & Finance Holding Co. - Ordinary Shares - Class A

Better Home & Finance Holding Co.

Better Home & Finance Holding Co. is trending as community members discuss a potential pump and dump scheme following comments from a hedge fund manager comparing it to Shopify, with a potential upside of "350x in 2 years".  The conversation includes both bullish and bearish sentiment, with some drawing comparisons to hedge fund manager Eric Jackson's previous promotion of Opendoor. Community members are also actively analyzing warrant pricing and the potential for a short squeeze due to the low float.

AgriFORCE Growing Systems Ltd. is an agriculture technology company, which engages in the development and utilization of intellectual property (IP) assets for improvement. Its solutions include consulting, air and surface sterilization, and other projects. The company was founded on December 22, 2017 and is headquartered in Vancouver, Canada.

AgriFORCE Growing Systems ltd

AGRI is trending due to news of a potential $550M capital raise and rebranding as AVAX One, an Avalanche-focused company, sparking high trading volume and a battle between longs and shorts. The community is discussing the potential for a squeeze given the low float, while also debating the legitimacy of the move and the company's future prospects. Technical traders are watching key resistance levels and assessing if a trend reversal is underway.

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Shares of Flutter Entertainment rose 1.5% in extended trading on Wednesday, after the company announced a partnership with CME Group to roll out products that would let its users bet on financial market outcomes for as little as $1.The FanDuel operator would set up a joint venture with CME, America's biggest futures exchange, for the new offering, set to launch later this year. FanDuel customers in the U.S. will get access to contracts for simple yes-or-no wagers on market events, such as the S&amp;P 500 index or gold prices hitting certain levels or on upcoming readings of key economic data, such as the gross domestic product (GDP) or consumer price index (CPI).The partnership extends financial market-based betting to fantasy sports users (in the environment they are familiar with), marking a significant convergence that could reshape the online wagering industry as adoption accelerates nationwide.The development also comes as firms ramp up wagering on a wider range of events, from economic and political outcomes (Kalshi, Interactive Brokers, PredictIt) to sports, as well as trading in alternative assets such as cryptocurrencies.DraftKings, a direct competitor to Flutter, is reportedly exploring an acquisition in the prediction markets space, while Robinhood recently withdrew a product that let users bet on Super Bowl results.CME already offers small-stakes yes-no contracts tied to daily outcomes in futures markets. The company's shares rose marginally in Wednesday's extended trading."Individual investors are increasingly sophisticated and continually pursuing new financial opportunities," CME Group CEO Terry Duffy said in a&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.flutter.com/news-and-insights/press-releases/cme-group-and-fanduel-partner-to-develop-innovative-event-contracts-platform/">statement</a> on Wednesday.FanDuel Group CEO Amy Howe said, "We believe there is potentially a wide audience for trading event-based markets and we want to provide a platform that allows our customers to engage in this activity."On Stocktwits, the retail sentiment was 'bearish' for&nbsp;<a href="https://stocktwits.com/symbol/FLUT">Flutter</a> and 'bullish' for&nbsp;<a href="https://stocktwits.com/symbol/CME">CME</a>, with Flutter featuring among the top five trending tickers on the platform as of early Thursday. Flutter and CME shares are up 14% and 18%, respectively, year-to-date.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/walmart-q2-preview-analysts-expect-strong-report-as-retailers-scale-staples-stronghold-likely-offset-macro-pressures/chsSNqTRdL0">Walmart Q2 Preview: Analysts Expect Strong Report As Retailer’s Scale, Staples Stronghold Likely Offset Macro Pressures</a>

A FanDuel logo is pictured at a baseball game on April 17, 2024 at Comerica Park in Detroit, Michigan. (Photo by Joseph Weiser/Icon Sportswire via Getty Images)

FanDuel Parent Flutter Shares Pop On CME Group Partnership For Financial Market Betting Product  

The partnership extends financial market-based betting to fantasy sports users, marking a significant convergence that could reshape the online wagering industry as adoption accelerates nationwide.

Equity

The partnership extends financial market-based betting to fantasy sports users, marking a significant convergence that could reshape the online wagering industry as adoption accelerates nationwide.


Two key analysts bumped up their price targets on DraftKings (DKNG) on Thursday, after the online gaming company's quarterly earnings report.Shares were down 0.4% premarket on Friday.CFRA reiterated its 'Buy' rating, while raising the price target by $7 to $57, implying a 26% upside to the stock's last close."We believe DraftKings is becoming the clear leader in mobile gaming due to its industry leading technology and mobile app," the research firm said. "The company's growth continues to impress, and profitability metrics continue to improve."Jefferies, which also reiterated a 'Buy' rating, increased its price target modestly to $54 from $53. The research firm's comments were slightly more cautious than CFRA's, noting that DraftKings faces a "complex set of dynamics" including concerns around tax rates, new market launches, and structural hold.&nbsp;However, those were tempered by a&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/draft-kings-stock-rises-premarket-after-strong-q2-retail-turns-more-optimistic/chrmRBQRddZ">stronger-than-expected</a> second-quarter performance and the company maintaining its full-year outlook.Rival Flutter Entertainment (FLUT), which operates FanDuel, raised its forecast for full-year profit growth on Thursday, after reporting handily beating revenue and adjusted estimates for the last quarter.Meanwhile, Cathie Wood's Ark Invest, a key technology investor, sold about $7 million worth of shares in trades made on Thursday.On Stocktwits, the retail sentiment for DKNG fell a few notches but remained in the 'extremely bullish' zone as of early Friday.A user said it expects a major acquisition by DraftKings in the near future, noting that "The Golden Nugget and Simplebet acquisition announcements both occurred in.. August. (2022 and 2024, respectively)."Stocktwits&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/draft-kings-stock-rises-premarket-after-strong-q2-retail-turns-more-optimistic/chrmRBQRddZ">reported</a> that DraftKings is exploring targets in the market prediction space and has recently held talks with the New York-based Railbird Exchange.For updates and corrections, email newsroom[at]stocktwits[dot]com.

DraftKings Sportsbook at Foxwoods Resort Casino, Tuesday, May 6, 2025. (Dave Zajac/Connecticut Post via Getty Images)

‘Clear Leader In Mobile Gaming:’ DraftKings Sees Price Target Hikes After Strong Q2 Report

DraftKings maintained its 2025 outlook, while rival Flutter, which operates FanDuel, bumped its full-year profit view.

DraftKings Sees Price Target Hikes After Strong Q2 Report

DraftKings maintained its 2025 outlook, while rival Flutter, which operates FanDuel, bumped its full-year profit view.


Caesars Entertainment (CZR) posted an unexpected loss on Tuesday and offered a cautious outlook on the summer casino season, pushing its shares down more than 2% in after-hours trading.The company reported $0.39 per share adjusted loss in the second quarter, compared to a $0.06 per share profit expected by analysts surveyed by FactSet. Revenue rose 3% to $2.91 billion, beating expectations of $2.86 billion.Topline growth was supported by gains in he company's small but growing digital business, where sales rose over 24%. Net revenue from its core business in Las Vegas was down 3.7%"Our Caesars Digital segment posted one of its strongest quarters ever, as momentum continues to build toward the financial goals that we originally laid out in 2021," CEO Tom Reeg said in a statement."In Las Vegas, we posted solid gaming results in the face of softer market demand in our hospitality verticals."Reeg projected a "soft summer in Vegas," anticipating third-quarter performance to mirror Q2 results, with stronger business momentum likely to pick up starting in the fourth quarter.Management highlighted that its strategic initiatives, including the push towards digital gameplay, will drive gains.Caesars&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/caesars-brings-vegas-style-online-casino-to-michigan-with-third-live-dealer-studio/ch8fyMjR5Fc">recently opened</a> its third live-dealer online casino studio in the U.S., a new concept for live streaming blackjack and roulette to subscribers’ phones and computers.On Stocktwits, the retail sentiment for Caesars shifted to 'extremely bullish' as of early Wednesday, from 'bullish' the previous day. Message volume surged 650% in the last 24-hour period.<figure class="image"><img style="aspect-ratio:1452/154;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_30_at_10_35_14_AM_png_77558c550a.webp" alt="Screenshot 2025-07-30 at 10.35.14 AM.png" width="1452" height="154"><figcaption>CZR sentiment and message volume as of July 30 | Source: Stocktwits</figcaption></figure><a href="https://stocktwits.com/symbol/CZR">CZR stock</a> is down nearly 15% year-to-date, compared to the 8.4% gain in SPDR S&amp;P 500 ETF (SPY), which tracks S&amp;P 500 stocks.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-denies-role-in-colbert-s-cbs-exit-renews-attacks-on-kimmel-and-fallon-who-will-go-first/choQ83FR5yH">Trump Denies Role In Colbert’s CBS Exit, Renews Attacks On Kimmel And Fallon: ‘Who Will Go First?</a>

The exterior of Caesars Palace Hotel & Casino on February 10, 2023 in Las Vegas, Nevada. (Photo by George Rose/Getty Images)

Caesars Stock Slides After-Hours On Surprise Q2 Loss, Cautious Forecast

CEO Tom Reeg projected a "soft summer in Vegas," anticipating third-quarter performance to mirror Q2 results.

Research firm Benchmark raised its price target on DraftKings (DKNG) on Tuesday, citing the gambling company's&nbsp;rumored deal talks with prediction market platform Railbird Exchange.Benchmark raised its price target to $50 from $45, signaling a 15% upside&nbsp;from Tuesday’s close, and maintained its&nbsp;'Buy'&nbsp;rating, according to the investor note summary on The Fly.Sports&nbsp;media outlet&nbsp;Front Office Sports&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://frontofficesports.com/draftkings-railbird-exchange-prediction-markets/">reported</a> on Monday, citing a source, that DraftKings is in talks to buy Railbird, a federally licensed prediction market platform that received approval from the Commodity Futures Trading Commission (CFTC) earlier this year.The report did not mention the financial terms of the deal.DraftKings told the publication in a statement that, although it would not comment on any deal talks, it "continues to monitor developments related to prediction markets as an emerging product."Railbird enables users to bet on real-world outcomes across various sports, politics, and macro events, and is legally accessible in states such as California and Texas, where online sports betting remains prohibited.Benchmark views this potential acquisition as "a very positive development," particularly following DraftKings' previous withdrawal of its application for a federal license.Railbird's license provides a high-margin, scalable entry point into underpenetrated states while avoiding state gaming and federal excise taxes, Benchmark said.On Stocktwits, the retail sentiment held in the 'bullish' zone, unchanged from the previous day, and the message volume was 'high.'&nbsp;<a href="https://stocktwits.com/symbol/DKNG">DKNG shares</a> are up 17.6% year-to-date.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2025_07_16_at_8_35_53_AM_png_b77a9e5982.webp" alt="Screenshot 2025-07-16 at 8.35.53 AM.png"></figure>The discussions come amid&nbsp;a widespread industry&nbsp;view&nbsp;that sportsbooks and prediction markets will become intertwined in the coming months, according to the Front Office Sports report. DraftKings previously applied for a federal license to operate a prediction market, but withdrew the application in April.DraftKings’ competitor FanDuel, operated by Flutter Entertainment (FLUT), is also&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://frontofficesports.com/fanduel-kalshi-have-discussed-a-deal/">reportedly eyeing a partnership</a> with Kalshi, a key player in the sports prediction market.For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the logo of DraftKings Inc. is displayed on a smartphone screen. (Photo illustration by Cheng Xin/Getty Images)

DraftKings' Rumored Acquisition Talks With Prediction Market Platform Railbird 'A Very Positive Development': Benchmark

DraftKings has not commented on the deal talks, but has admitted to closely eyeing developments in the prediction market.

Caesars Entertainment (CZR) on Monday opened its third branded live dealer online casino studio, this time in Michigan. Developed in partnership with Evolution, the studio offers a live-streamed casino experience to Caesars' online subscribers in the state."The studio design takes inspiration from our flagship destination, Caesars Palace, to authentically recreate the atmosphere of Las Vegas for online players," Matthew Sunderland, senior vice president and chief iGaming officer at Caesars Digital, said in a statement.The studio includes five blackjack tables, one roulette table, and a baccarat table. Players can join from their phone or computer and engage with live dealers in real-time, placing bets, making decisions, and chatting through an online interface.The latest studio comes after the launch of Caesars' casino studios in Pennsylvania and New Jersey earlier this year.The experience is available to Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook &amp; Casino, which are available for download for 21-year-old and older users in New Jersey, Pennsylvania, Michigan, Ontario, and West Virginia.On Stocktwits, the retail sentiment for the company remained 'neutral,' unchanged from a month ago.&nbsp;<a href="https://stocktwits.com/symbol/CZR">CZR stock</a> is down 8.4% year-to-date.<figure class="image"><img style="aspect-ratio:1276/128;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_15_at_2_14_31_PM_png_75f188b191.webp" alt="Screenshot 2025-07-15 at 2.14.31 PM.png" width="1276" height="128"><figcaption>CZR sentiment and message volume as of July 15 | Source: Stocktwits</figcaption></figure>The expansion comes amid a strong run for the casino industry. U.S. casinos and iGaming have grown steadily this year, fueled by a surge in digital offerings, including sports betting, and a rebound in Las Vegas travel.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/marriott-cfo-leeny-oberg-to-retire-next-year-hotel-chain-taps-insiders-for-replacement-amid-trump-era-uncertainty/ch8fUmGR5FG">Marriott CFO Leeny Oberg To Retire Next Year: Hotel Chain Taps Insiders For Replacement Amid Trump-Era Uncertainty</a>

A roulette wheel in a Sydney casino. (Photo by Fairfax Media via Getty Images via Getty Images)

Caesars Brings Vegas-Style Online Casino To Michigan With Third Live Dealer Studio

Caesars Entertainment (CZR) on Monday opened its third branded live dealer online casino studio, this time in Michigan. The studio includes five blackjack tables, one roulette table, and a baccarat table.

The new studio gives players real-time access to live casino games from both mobile devices and desktops.

Super Group (SGHC) on Tuesday lifted its full-year outlook and announced that it will exit its U.S. iGaming operations. Shares ended nearly unchanged, while the view of retail investors remained very optimistic.The&nbsp;digital gaming company now expects fiscal 2025 revenue to exceed $2 billion, compared with the previously anticipated $1.93 billion. It expects the projected adjusted EBITDA to exceed $480 million, up from&nbsp;a prior projection of $457 million.The raise was after strong trends in the ongoing second quarter, driven by "strong sports results, improvements in pricing models... [and] record deposit levels," the company said.Super Group&nbsp;operates brands such as Betway and Spin in over 20 countries.The company stated that its decision to exit the U.S. sports betting and online casino businesses was made following a review of its global priorities, the evolving regulatory landscape, and the U.S. unit's financial performance.The company said it would incur a one-time restructuring cost of $30 million to $40 million.On Stocktwits, the retail sentiment for the company held in the 'extremely bullish' territory, unchanged from a month ago.<figure class="image"><img style="aspect-ratio:610/79;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_09_at_2_37_57_PM_png_6f0c258e90.webp" alt="Screenshot 2025-07-09 at 2.37.57 PM.png" width="610" height="79"><figcaption>SGHC sentiment and message volume as of July 9 | Source: Stocktwits</figcaption></figure><a href="https://stocktwits.com/symbol/SGHC">Super Group shares</a> are up 81% year-to-date.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Super Group Raises 2025 Outlook On Strong Sports Betting Trends: Retail Very Optimistic

The company announced its exit from U.S. iGaming operations following a strategic review.

Gamblers are raising alarm over a tax provision for the industry in President Donald Trump's "One Big Beautiful Bill Act," which passed the Senate vote on Tuesday, according to a Bloomberg report.The mega bill states that gamblers would only be able to deduct 90% of their losses when calculating their net income for tax purposes. The current law allows the deduction of the entirety of their losses, up to the amount of their gambling winnings.Pro poker player Phil Galfond <a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/PhilGalfond/status/1940144127657877591">raised concern</a> on social media site X and hit back, saying, "You get taxed on more than you earned from gambling, even if you netted $0 (or less!)"The sector has gained popularity in the U.S. recently, drawing professionals as well as newcomers, fueled by the rise of online platforms such as FanDuel, DraftKings (DKNG), and Kalshi.The industry clocked $72 billion in U.S. commercial gaming revenue in 2024, according to the American Gaming Association.On Stocktwits, the retail sentiment was 'neutral' for DraftKings and 'bullish' for Sports Betting &amp; iGaming ETF (BETZ), which tracks gambling stocks.<a href="https://stocktwits.com/symbol/BETZ">BETZ</a> has gained a mere 0.6% in the first six months of 2025 after climbing 24.6% last year,&nbsp;while <a href="https://stocktwits.com/symbol/DKNG">DKNG shares</a> have lost&nbsp;3.6%.<figure class="image"><img style="aspect-ratio:570/60;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_03_at_8_58_34_AM_png_a83622ada1.webp" alt="Screenshot 2025-07-03 at 8.58.34 AM.png" width="570" height="60"><figcaption>DKNG sentiment and message volume as of July 2 | Source: Stocktwits</figcaption></figure><figure class="image"><img style="aspect-ratio:569/62;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_03_at_8_57_55_AM_png_91d614635f.webp" alt="Screenshot 2025-07-03 at 8.57.55 AM.png" width="569" height="62"><figcaption>BETZ sentiment and message volume as of July 2 | Source: Stocktwits</figcaption></figure>Zachary Zimbile, an account with experience in gambling regulations, <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-07-02/one-big-beautiful-bill-gamblers-raise-alarm-over-1-1-billion-tax-hike">told</a> Bloomberg that many of his clients were concerned about the provision. "If you add a 10% penalty, it's going to eat into a lot of their profit," he said.Representative Dina Titus, a Democrat who represents the Las Vegas area, has vowed to take up the issue as it would have a "big impact" on the betting industry.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Taxed Even When You Lose? Gamblers Cry Foul Over Provision In Trump’s ‘Big Beautiful Bill’

The industry has gained popularity in the U.S. recently, attracting professionals as well as newcomers, driven by the rise of online platforms such as FanDuel, DraftKings (DKNG), and Kalshi.

U.S. casino stocks rallied on Tuesday after Macau, one of the biggest casino hubs in the world, reported strong business for June.Shares of Wynn Resorts (WYNN) and Las Vegas Sands (LVS) rose nearly 9%, and those of MGM Resorts International (MGM) ended 7.3% higher. All three were among the top-performing S&amp;P 500 stocks on Tuesday.The Macau Gaming Inspection and Coordination Bureau reported that casino revenue rose 19% to 21.06 billion Macanese patacas (MOP), equivalent to approximately $2.61 billion, last month.That's higher than the 5% increase in May and the 1.7% gain in April.According to a MarketWatch report, Citi analysts said that business boomed in the final eight days, likely due to a series of concerts by Cantopop singer Jacky Cheung.The strong June print is "another testimony to players' passion about gaming despite the geopolitical tensions and economic uncertainty," according to Citi.On Stocktwits, the retail sentiment for Wynn shifted to 'bullish' from 'neutral', and MGM Resorts shifted to 'neutral from 'bullish’. The sentiment for Las Vegas Sands&nbsp;remained in 'neutral' territory.Wynn, Las Vegas Sands, and MGM Resorts derive a significant share of their overall business from Macau, making them also closely tied to the performance of the Chinese economy.<a href="https://stocktwits.com/symbol/WYNN">WYNN shares</a> are up 18.3% year-to-date, and&nbsp;<a href="https://stocktwits.com/symbol/LVS">LVS stock</a> is down 7.7%.&nbsp;<a href="https://stocktwits.com/symbol/MGM">MGM shares</a> are up 6.5%.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Wynn, Las Vegas Sands, MGM Resorts Jump After Macau Reports Strong Casino Numbers For June  

The Macau Gaming Inspection and Coordination Bureau reported that casino revenue rose 19% to 21.06 billion Macanese patacas (MOP), equivalent to approximately $2.61 billion, last month.

Wynn, Las Vegas Sands, MGM Resorts Jump After Macau Reports Strong Casino Numbers For June

Lottery.com (LTRY) announced on Tuesday that it has initiated an investigation into potential short selling of its stock and has engaged legal counsel to assist with the matter.Paul Hastings LLP will conduct a probe on behalf of the company. The development sent Lottery.com's penny stock up 8.5% on Tuesday.The lottery site operator, popularly known for games like Powerball and Mega Millions, believes that false information is being spread about&nbsp;the company, which is hurting its business and stock price.Lottery.com suspects illegal naked short selling, citing repeated delivery failures, high short interest, and borrow rates topping 500%.It did not disclose whether it had identified the malicious actors.Lottery.com said in a statement that the investigation builds on prior referrals already made by the company to certain regulators, including the Securities and Exchange Commission, the Department of Justice, and Nasdaq MarketWatch.On Stocktwits, the retail sentiment shifted to 'bullish’ from 'neutral' the previous day.<figure class="image"><img style="aspect-ratio:571/73;" src="https://news.stocktwits-cdn.com/Screenshot_2025_06_04_at_2_14_04_PM_png_cb065227b7.webp" alt="Screenshot 2025-06-04 at 2.14.04 PM.png" width="571" height="73"><figcaption>LTRY sentiment and message volume as of June 3 | Source: Stocktwits</figcaption></figure>Lottery.com has managed to turnaround&nbsp;its business over the past year, securing $250 million in funding and launching Sports.com to expand into the sports media and live events sectors.&nbsp;The company also regained full compliance with Nasdaq and is reportedly pursuing strategic acquisitions to drive growth.Lottery.com shares are up 218% this year.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Lottery.com Retail Traders Upbeat After Short Selling Probe Sends Stock Higher

The company's shares gained over 8% following the announcement on Tuesday.

Shares of sports betting firms fell on Monday, after lawmakers in Illinois passed a budget proposal that increases taxes on online betting by consumers.DraftKings (DKNG) stock ended 6% lower. Shares of FanDuel parent Flutter Entertainment (FLUT), and Rush Street Interactive (RSI), which operates BetRivers, fell between 1.1% and 2.7%.The Roundhill Sports Betting &amp; iGaming ETF (BETZ), which tracks sports betting and online gaming companies, dropped 1.3%.Illinois lawmakers on Monday approved a budget that includes a tax of $0.25 per wager on the first 20 million online sports bets made each fiscal year, rising to $0.5 per bet after.Illinois Governer J.B. Pritzker has said he would sign the budget, according to ABC7 Eyewitness News.Several analysts said that the 'surprise' tax will add millions of dollars in costs for the betting companies.Citi estimated that DraftKings would have been subject to roughly $68 million in additional taxes. The company as well as FanDual, which are pegged to receive over 20 million bets, will likely scale back the promotional events they run in the state.Jefferies estimated the impact to be low to mid-single digits on the companies' fiscal 2025 adjusted core earnings before any mitigation efforts.&nbsp;The analyst added that the tax also appears to be more difficult to mitigate than traditional gross gaming revenue taxes.Bank of America expects the effective tax rate for the companies is now over 50%, up from about 35% currently."For the second consecutive year, the Illinois legislature chose to balance its budget with a crippling tax on legal online sports betting operators and their million plus Illinois customers — this time with no warning and no consideration of the devastating impact this tax would have on the legal market," the Sports Betting Alliance, which represents the gaming companies, said in a statement.On Stocktwits, the retail sentiment remained 'neutral' for DraftKings, 'bullish' for Flutter, and 'bearish' for Rush Street.A user remarked that headwinds for the sector never go away. "I was a believer. I'm not anymore," they said.<stembedurl>https://stocktwits.com/unfriend/message/616561422</stembedurl><a href="https://stocktwits.com/symbol/DKNG">DKNG shares</a> are down 9.3% this year.For updates and corrections, email newsroom[at]stocktwits[dot]com.

 In this photo illustration, the logo of DraftKings Inc. is displayed on a smartphone screen, with the company's iconic orange and green branding visible in the background. (Photo illustration by Cheng Xin/Getty Images)

DraftKings, Flutter, Rush Street Stocks Fall After Illinois Slaps New Betting Tax

Several analysts said that the 'surprise' will add millions of dollars in additional costs for the betting companies.

Listed Funds Trust - Roundhill Sports Betting & iGaming ETF

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