Tag: Barry Jonas
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 ...
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 ...
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 ...
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 ...
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 ...
Light & Wonder exits live gaming
27 February 2025 at 5:05am UTC-5
Pursuant to what it described as a strategic review, Light & Wonder announced a drastic change during its February 2025 earnings call. Henceforth, the company will ...
Analyst: Maryland tax hikes would “rattle online sports betting sector”
15 January 2025 at 4:13pm UTC-5
Maryland Gov. Wes Moore (D) sent a jolt through Wall Street today when he proposed steep tax hikes on gambling in the Free State. Taxation of online sports betting revenues would ...
