Fanduel

Flutter Entertainment Plc (NYSE:FLUT) shares are trading lower in Tuesday’s after-hours session after the company cut near-term guidance due to a period of “very unfavorable” sports results. What Happened: After the market close on Tuesday, FanDuel parent company Flutter...

Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect the company to report...

Strong market share and growing opportunities in online sports betting could push Flutter Entertainment (NYSE:FLUT) shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target on the Fanduel parent. The Analyst Takeaways: With...

Sportsbooks operators such as DraftKings Inc (NASDAQ:DKNG) could stand to benefit with the 2024 National Football season underway and another week of favorable outcomes for sportsbooks in the second week of games. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $...

Buffalo Bills quarterback Josh Allen kept his perfect record in Thursday NFL games intact with a 31-10 win over the Miami Dolphins, but it was two other players that helped a bettor make $25,000 in one of the craziest parlays in some time. What Happened: A Thursday Night Football matchup between...

Sports betting giant DraftKings Inc (NASDAQ:DKNG) gets a boost in the app store rankings and benefits from several key wins to kick off the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst Takeaways: A...

Sports betting operator DraftKings Inc (NASDAQ:DKNG) looks strong compared to competitors for promotional activity, market share and more ahead of the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst...

A battle between DraftKings Inc (NASDAQ:DKNG) bulls and bears could come down to EBITDA, surcharges and competition, an analyst says after the company and rival Flutter Entertainment (NYSE:FLUT) have both now reported second-quarter financial results. The DraftKings Analyst: Needham analyst Bernie...

The Minnesota Vikings were one of several NFL teams to use a first-round pick in the 2024 NFL Draft to select a quarterback that could become the face of the franchise. An injury to rookie quarterback J.J. McCarthy will see that plan take a backseat as Sam Darnold is likely to be the starter for...

A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...

Flutter Entertainment Plc (NYSE:FLUT) shares are trading higher after the company reported its second-quarter financial results Tuesday. Here's a look at the details from the report.  The Details: Flutter Entertainment reported earnings of $2.61 per share, up from $1.67 year-over-year, and revenue...

An analyst says sports betting company DraftKings Inc (NASDAQ:DKNG) could have a challenging second quarter report, but remains optimistic ahead of the 2024 NFL season. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley reiterated a Buy rating on DraftKings and lowered the price target...

Less than a month after a report that Boyd Gaming (NYSE:BYD) was considering a buyout of casino and sports betting operator Penn Entertainment (NASDAQ:PENN), a new bidder has emerged. What Happened: FanDuel’s parent company, Flutter Entertainment (NYSE:FLUT), is considering teaming up with...

DraftKings Inc (NASDAQ:DKNG) and FanDuel, owned by Flutter Entertainment PLC (NYSE:FLUT), are “rapidly turning” into a sports-betting duopoly, Oppenheimer analyst Jed Kelly says. Both companies exceed Wall Street expectations despite competition from PENN Entertainment Inc (NASDAQ:PENN...

Goldman Sachs analyst Ben Andrews is out with a new report on the state of the sports betting sector. March online sports betting data points to the industry being softer, Andrews wrote, citing 7% year-over-year growth compared to 17% year-over-year growth in February. The key leaders in the...