Tag: Carlo Santarelli
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 ...