Tag: Carlo Santarelli

Analysts split on BetMGM revenue forecast

17 June 2025 at 4:30am UTC-4
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025. Their views were expressed in competing 16 ...

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 ...

Potential MLB deal elevates Sportradar to-buy rating

21 January 2025 at 2:00am UTC-5
Deutsche Bank has issued a buy rating for Sportradar, citing a potential deal with Major League Baseball. The company’s stock price, which is up nearly US$3 so far this year ...

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 ...