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 ...

DraftKings and Flutter navigates volatile margins, state tax risks

For DraftKings, BofA said its U.S. iGaming share has slipped to 23% from 27% in two years, while tax and promotional costs continue to weigh on margins. It cut its 2026 EBITDA estimate to $1 billion ...

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 downgraded DraftKings and Flutter.
ReadWrite

BofA downgrades hit DraftKings and Flutter as prediction market risks grow

DraftKings and Flutter shares slide after BofA downgrades, citing prediction-market pressures, weak sports results, and ...

DraftKings, Flutter downgraded: Wall Street's top analyst calls

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research ...
Nasdaq

Flutter Entertainment's FanDuel to Implement $0.50 Transaction Fee in Illinois Following State's New Betting Fee Legislation

FanDuel will implement a $0.50 transaction fee in Illinois starting September 1, 2025, due to new state regulations. Flutter Entertainment has announced that due to a new betting transaction fee ...
InvestmentNews

Sports-betting firms see state license risk in prediction market

The booming business of events contracts is one to watch closely – and tread into carefully – for some of the biggest ...