Tag: David Katz
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 ...
DraftKings, analysts share confidence
27 February 2025 at 5:43am UTC-5
Alan Ellingson, Chief Financial Officer of DraftKings, and his investor-relations team were the guests of Jefferies Equity Research on February 25. Their discussion covered a wide ...
Analyst bullish on online gaming sector
17 January 2025 at 7:53am UTC-5
“This is the business we’ve chosen” seemed to strike a note of resignation at the start of a recent report from Jefferies Equity Research analyst David Katz. However, the ...
