The rise of prediction markets could lower market share and growth for sports betting stocks. An analyst downgraded both ...
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DraftKings and Flutter Stocks Are Falling. 2 Threats That Could Be Bigger Than Prediction Markets.
Prediction markets have put a squeeze on betting firms, but they might have bigger issues to worry about. BofA Securities ...
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Taxes and concerns over structural hold leads BofA to downgrade Flutter and DraftKings
Shares of Flutter Entertainment ( FLUT) and DraftKings ( DKNG) are both adding to Monday’s losses after BofA Securities ...
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The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $336.72, a high ...
FanDuel's parent company, Flutter Entertainment, saw a steep stock-market drop on Tuesday. The stock-price sell-off in FanDuel's parent company and DraftKings was too severe even as the sports-betting ...
Peter Jackson, the chief executive of Flutter Entertainment, FanDuel’s parent company, is fighting for attention as online gambling spreads across the United States. By Jordyn Holman Reporting from ...
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