Tag: Analyst

FanDuel worth $31 billion, Jefferies analyst says

11 July 2025 at 12:31pm UTC-4
Boyd Gaming’s US$1.7 billion sale of its 5% stake in FanDuel implies a US$31 billion value for the online sports betting provider, according to Jefferies Equity Research analyst ...

Flutter a strong “buy,” Jefferies analyst notes

8 July 2025 at 12:58pm UTC-4
Jefferies Equity Research analyst James Wheatcroft put a Wall Street-high US$380-per-share price target on Flutter Entertainment stock in a 7 July investor note. “We see a ...

‘Tough month’ for social casinos, Jefferies analyst says

7 July 2025 at 2:07pm UTC-4
Aristocrat Leisure saw its social-casino growth go backwards in June, according to Jefferies Equity Research analyst Kai Erman, who detailed his findings in a 7 July investor ...

Genius Sports running a ‘two-horse race,’ Truist analyst says

3 July 2025 at 2:25pm UTC-4
On 1 July, Truist Securities initiated coverage of Genius Sports, giving it a “Buy” rating and a $14-per-share price target. Shares of GENI were trading for US$10.40 apiece at ...

Higher taxes to crimp DraftKings earnings but not Rush Street’s, Jefferies analyst says

3 July 2025 at 12:15pm UTC-4
New, state-level tax increases and the cost of entering the prediction markets will be a squeeze on DraftKings’ revenue in the near future. That’s the forecast of Jefferies ...

Sportradar ‘a critical player,’ Truist analysts says

1 July 2025 at 2:17pm UTC-4
Truist Securities initiated coverage of Sportradar Group on 1 July with a “buy” rating and a US$33 per share price target. Shares of SRAD stock were trading at US$28.08 at the ...

Igaming will outperform this year, Macquarie analyst says

26 June 2025 at 2:40pm UTC-4
Igaming stocks are rising three times as fast as the S&P Index. That was one of the salient findings of Macquarie Equity Research analyst Chad Beynon in an investor note ...

Garden State tax increase can be managed, Truist analyst says

24 June 2025 at 4:35pm UTC-4
Following up on reporting in NJ.com, Truist Securities analyst Barry Jonas weighed in on the tax-increase compromise reached between New Jersey Gov. Phil Murphy and the state ...

Fitch: Tax hikes could stunt sports betting’s growth

16 June 2025 at 4:41pm UTC-4
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings Associate Director David Lowenstein ...

DraftKings imposes Illinois levy

13 June 2025 at 1:30pm UTC-4
Following the example of FanDuel this week, DraftKings says it will levy a US$0.50 surcharge on bets placed in the Illinois. In-person wagers will be exempt from the fee, which ...