Tag: DraftKings
Investors remain ‘cautious’ as DraftKings and FanDuel move into sports prediction markets
With DraftKings launching its prediction market app Friday and FanDuel expected to follow soon, a Wall Street analyst said it’s clear that... more
Wall Street Bets: Gaming industry outlook, Macau, Genius Sports, online operators
Gaming industry trends Truist Securities’ Barry Jonas on November 24 commented on his company’s recent GLL Summit. “Prediction markets were... more
DraftKings opens sportsbook at Foxwoods El San Juan Casino in Puerto Rico
DraftKings, the Mashantucket Pequot Tribal Nation, and hospitality investment firm LionGrove recently opened a DraftKings retail sportsbook... more
FanDuel abandons Nevada licensing as it launches sports betting prediction markets app
FanDuel, which along with casino operators has been warned by Nevada gaming regulators to abstain from prediction markets or risk their... more
Wall Street Bets: DraftKings, Golden Entertainment, Penn, Red Rock Resorts, Caesars, Genius Sports
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. DraftKings lowers guidance Barry Jonas of... more
Wall Street Bets: G2E takeaways, DraftKings
G2E reflections Barry Jonas of Truist Securities, in an October 10 note, reviewed findings from last week’s Global Gaming Expo in... more
Wall Street Bets: NFL wagering, possible NY casino sites, Las Vegas Strip, DraftKings
NFL wagering results positive Macquarie’s Chad Beynon on September 24 looked at the landscape of NFL wagering. “With NFL hold rates gaining... more
DraftKings CEO says best prediction-market opportunities are in states without online sports betting
DraftKings CEO Jason Robins said the company continues to monitor prediction markets, but is keeping the strategy close to the vest for... more
Wall Street Bets: Online sports betting, Churchill, Wynn Resorts, Las Vegas Strip
Prediction markets for DraftKings, FanDuel? Daniel Politzer of J. P. Morgan on September 2 looked at why prediction markets may be enticing... more
Wall Street Bets: Flutter teams with CME Group, Empire Resorts
Flutter’s announcement last week that it was teaming up with derivatives exchange CME Group drew widespread interest from Wall Street... more

