Tag: Analyst
Prediction markets the hot topic at analyst conference
18 June 2026 at 1:56pm UTC-4
DraftKings and FanDuel parent Flutter Entertainment presented at the Jefferies Nantucket Consumer Conference on 17-18 June, and, according to Jefferies analyst David Katz, the ...
Analysts speculate on ramifications of Sportradar/Kalshi deal
8 June 2026 at 5:00pm UTC-4
During its first-quarter earnings call, Sportradar executives teased a possible, major announcement. They followed up on 8 June with a “global agreement” with Kalshi.
The ...
Analysts cooler toward Sportradar
27 May 2026 at 2:05pm UTC-4
Embattled firm Sportradar suffered another blow on 27 May, as J.P. Morgan analysts downgraded it to “neutral.” Their price target remained at US$16 per share.
Morgan ...
Analyst: World Cup set to accelerate online sports betting growth
20 May 2026 at 6:10am UTC-4
World Cup-related betting in the US is projected to generate US$3.3 billion in handle, according to a study by Deutsche Bank analyst Steven Pizzella.
Pizzella felt that at ...
Analyst reiterates faith in DraftKings
13 May 2026 at 4:39am UTC-4
DraftKings is, according to Macquarie analyst Chad Beynon, “one of the most compelling structural growth stories in gaming.” He published his views in a May 8 investor note ...
DraftKings posts revenue of US$1.64 billion in first quarter, up 17%
8 May 2026 at 12:26pm UTC-4
DraftKings on Thursday announced revenue for the first quarter of 2026 reached US$1.64 billion, an increase of US$237 million, or 17%, year-over-year, driven primarily by ...
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 ...
