Tag: Analyst
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 ...
Genius Sports enters definitive agreement to acquire digital sports and gaming media network Legend
5 February 2026 at 1:16pm UTC-5
Genius Sports on Thursday announced it has entered into a definitive agreement to acquire Legend, a digital sports and gaming media network, in a transaction valued at up to $1.2 ...
Kalshi rescinds extortion claims against Juice Reel’s data
5 February 2026 at 7:20am UTC-5
Kalshi has rescinded an allegation of “extortion” against startup Juice Reel, which provided data that showed users of prediction markets often faced more significant losses ...
Indonesia’s igaming turnover falls 20% in 2025
2 February 2026 at 7:24am UTC-5
The circulation of money linked to igaming in Indonesia hit IDR286.8 trillion in 2025, according to the latest annual report from the country’s financial oversight body, the ...
Flutter ‘under pressure,’ J.P. Morgan analyst says
30 January 2026 at 2:44pm UTC-5
Shares of Flutter Entertainment, corporate parent of FanDuel, remain “under pressure,” according to J.P. Morgan analyst Estelle Weingrod. She offered this view in a 30 January ...
