Tag: Analyst
Jefferies analyst upbeat on Flutter, raises guidance
30 April 2026 at 2:15pm UTC-4
Jefferies Equity Research analyst James Wheatcroft placed a “Buy” rating on FanDuel parent Flutter Entertainment in a 29 April investor note.
Wheatcroft gave Flutter a ...
Billionaire investor John Arnold says sports prediction markets harm men
20 April 2026 at 7:47am UTC-4
Philanthropist and former energy trader John Arnold warned that prediction markets and online sports betting platforms can cause harm to young men and boys, calling for federal ...
Optimism ‘moderate’ in face of bear market for online sports betting stocks, analyst says
15 April 2026 at 12:27pm UTC-4
Online sports betting and igaming stocks are down 35% this year, according to Jefferies Equity Research analyst David Katz.
Katz explained that “our optimism for 1Q26 ...
BetMGM lowers targets on revenue miss
14 April 2026 at 1:09pm UTC-4
Citing a trio of factors, BetMGM lowered its revenue and cash-flow guidance for the balance of 2026. While still guiding to US$300 million to US$350 million of annual cash flow ...
Prediction markets run backlash risk, Jefferies analyst says
1 April 2026 at 3:39pm UTC-4
Although prediction markets have seen rapid adoption in the US, they court the peril of legal resistance and adverse court decisions in 2027. At present, they’re the ...
Online sports betting promotions slow down in Missouri in February
31 March 2026 at 3:52pm UTC-4
In February, promotional allowances from Missouri sports books dipped to US$11 million - 36% of revenue compared to 61% of winnings in January.
Promotional outlays in ...
Few prediction market users are 50 or older, Truist analyst says
17 March 2026 at 4:13pm UTC-4
Just 7% of prediction-market users are older than 49. That was one of myriad findings reported by Truist Securities analyst Barry Jonas in a 17 March investor note.
Although ...
Jefferies analyst defends Flutter
6 March 2026 at 1:52pm UTC-5
Despite slashing his price target on Flutter Entertainment, one analyst stood by the embattled stock. James Wheatcroft of Jefferies Equity Research cut his per-share target on ...
Missouri promotions drop sharply in January
4 March 2026 at 2:11pm UTC-5
Outlays by online sports books to players fell in January, the second month of sports wagering in Missouri. The promotional giveaways went from 119% of revenue in December to 61 ...
Flutter stronger than it looks, Jefferies analyst says
9 February 2026 at 2:13pm UTC-5
Softness of handle for Flutter Entertainment subsidiary FanDuel does not equal cannibalization by prediction markets. That was the thesis of an 8 February investor note by ...
