Tag: David Katz
Prediction markets the hot topic at analyst conference
18 June 2026 at 1:56pm UTC-4
DraftKings and FanDuel parent Flutter Entertainment presented at the Jefferies Nantucket Consumer Conference on 17-18 June, and, according to Jefferies analyst David Katz, the ...
Analysts speculate on ramifications of Sportradar/Kalshi deal
8 June 2026 at 5:00pm UTC-4
During its first-quarter earnings call, Sportradar executives teased a possible, major announcement. They followed up on 8 June with a “global agreement” with Kalshi.
The ...
DraftKings posts revenue of US$1.64 billion in first quarter, up 17%
8 May 2026 at 12:26pm UTC-4
DraftKings on Thursday announced revenue for the first quarter of 2026 reached US$1.64 billion, an increase of US$237 million, or 17%, year-over-year, driven primarily by ...
Optimism ‘moderate’ in face of bear market for online sports betting stocks, analyst says
15 April 2026 at 12:27pm UTC-4
Online sports betting and igaming stocks are down 35% this year, according to Jefferies Equity Research analyst David Katz.
Katz explained that “our optimism for 1Q26 ...
Prediction markets run backlash risk, Jefferies analyst says
1 April 2026 at 3:39pm UTC-4
Although prediction markets have seen rapid adoption in the US, they court the peril of legal resistance and adverse court decisions in 2027. At present, they’re the ...
Penn Entertainment and ESPN terminate agreement; operator’s OSB business to rebrand at theScore Bet
6 November 2025 at 8:23am UTC-5
Penn Entertainment’s earnings calls have been known to include breaking news.
Whether it’s an agreement to buy Canadian-based theScore in 2021, the acquisition of Barstool ...
Sportradar sees gains in revenue, cash flow
5 November 2025 at 12:08pm UTC-5
Revenues for Sportradar grew 14.5% in the third quarter, reaching €292.1 million, in results released on 5 November.
Thanks to what Chief Financial Officer Craig Felenstein ...
Analyst sticks by DraftKings, despite dip
1 October 2025 at 12:36pm UTC-4
Evidently unconcerned by record levels of Kalshi trading volume around a Monday Night Football doubleheader, one analyst was placing a “Buy” rating on DraftKings. Jefferies ...
Flutter, FanDuel “on the sidelines” of prediction-market scrum, legal expert says
16 September 2025 at 11:59am UTC-4
Prospects for traditional sports books in a prediction-market world are mixed, according to legal expert Daniel Wallach. His view was described as that online sports betting ...
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 ...
