Tag: David Katz
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 ...
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 ...
