Tag: David Katz
Analyst: New Jersey trial a win-win for DraftKings, FanDuel
12 September 2025 at 11:44am UTC-4
Whatever the outcome of a trial in New Jersey, its result favors both DraftKings and FanDuel parent Flutter Entertainment, Jefferies Equity Research analyst David Katz concluded ...
DraftKings boosted by in-play betting, analyst says
9 September 2025 at 5:08pm UTC-4
Jefferies Equity Research analyst David Katz perceived “strengthening trends around in-play betting,” or proposition bets, which he called a positive for DraftKings in ...
Sportradar posts ‘solid’ second quarter, Jefferies analyst says
5 August 2025 at 3:50pm UTC-4
Sportradar “delivered a solid beat and raise” in its second-quarter earnings, according to Jefferies Equity Research analyst David Katz. He credited rapid US-derived revenue ...
Higher taxes to crimp DraftKings earnings but not Rush Street’s, Jefferies analyst says
3 July 2025 at 12:15pm UTC-4
New, state-level tax increases and the cost of entering the prediction markets will be a squeeze on DraftKings’ revenue in the near future. That’s the forecast of Jefferies ...
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 ...
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 ...
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 ...
Big names turn out for Sportradar event
2 April 2025 at 12:47pm UTC-4
Data aggregator and vendor Sportradar Group hosted a star-laden investor day on 1 April, with a number of stock analysts in attendance. Guest speakers included DraftKings CEO ...
Digital business upside cited in buy rating for Caesars Entertainment
18 March 2025 at 9:41pm UTC-4
Jefferies Equity Research has issued a buy rating for Caesars Entertainment, citing its potential upside in the digital business.
Analyst David Katz, in a note to investors ...