Tag: Analyst
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 ...
Survey bodes well for sports betting, Jefferies analyst says
11 June 2025 at 4:21pm UTC-4
Proposition bets are on the rise. That is one of the findings of a Jefferies Equity Research survey of sports bettors, released 11 June.
Writing for Jefferies, analyst David ...
NFL, Genius renew association through 2030
11 June 2025 at 4:15pm UTC-4
The National Football League has renewed its association with Genius Sports through the end of the decade. The British-based company will disseminate NFL data to sports betting ...
FanDuel user fee not likely to spread past Illinois, Jefferies analyst says
10 June 2025 at 1:42pm UTC-4
Flutter Entertainment has announced it will levy a US$0.50 surcharge, or “transaction fee,” on all bets placed online in the state of Illinois, pursuant to state's institution ...
Global sports betting market to hit US$182.12 billion by 2030
3 June 2025 at 6:35am UTC-4
The international sports betting market is predicted to be worth US$182.12 billion by the end of the decade, according to a study by market analyst Research Insights.
The group ...
Illinois tax increase surprises analysts
2 June 2025 at 12:43pm UTC-4
Wall Street analysts were taken aback by an 11th-hour Illinois budget measure that added handle taxes to those levied on sports book revenue. Gov. J.B. Pritzker has indicated that ...
Deutsche Bank analyst skeptical of DraftKings’ projections
12 April 2025 at 2:12pm UTC-4
Deutsche Bank analyst Carlo Santarelli has been a longtime skeptic of DraftKings’ business model and he continued to be so in an April 11 investor note. Allowing that ...
Analyst hails prospective California sports betting accord
3 April 2025 at 4:10pm UTC-4
Although no company has confirmed discussions with California tribes, one stock analyst applauded the alleged negotiations. Jefferies Equity Research analyst David Katz voiced ...
Analyst cautious over competitive strength of Aristocrat’s igaming business
27 March 2025 at 7:36am UTC-4
Despite its growing focus on online gaming, Australian gaming giant Aristocrat remains competitively better positioned in its traditional gaming machine segment than in iGaming ...
