NEW YORK, Oct. 15, 2025 /PRNewswire/ -- FanDuel, the premier online gaming company in North America, today announced the launch of FanDuel Casino Rewards Club, a new rewards program now available to customers in select states. FanDuel Casino Rewards Club was built for the digital-first customer and enables players to earn points, unlock levels, and access exclusive benefits, with each level offering unique rewards to enhance customers' experience. Additionally, FanDuel Casino has unveiled the next phase of ...

Group 1 - Prediction markets are emerging as a significant competitor to online sportsbooks, impacting shares of DraftKings and FanDuel's parent company negatively [3] - Shares of DraftKings (NASDAQ:DKNG) and FanDuel's parent company have seen a sharp decline this week due to the rise of prediction markets [3] - Robinhood (NASDAQ:HOOD) and Kalshi have reported a surge in activity, indicating growing interest in prediction markets [3]

Core Insights - Stock traders are increasingly viewing prediction markets as a significant growth area in online gambling, with a notable surge in activity reported [1] - Robinhood Markets and Kalshi have seen a rapid increase in prediction market wagers, with over 2 billion contracts traded in Q3 [2] - The rise of prediction markets is causing a decline in shares of traditional online betting operators like DraftKings and Flutter Entertainment, prompting analysts to adjust their ratings [3] Company Developments - Robinhood's partnership with Kalshi allows users to place bets on various events, contributing to the growth of prediction markets [2] - DraftKings experienced a significant drop of over 16% in its stock price, marking its largest weekly decline since late 2022, while Flutter Entertainment's shares fell more than 8% [3] - Analysts are urging online betting companies to develop strategies to compete with emerging prediction markets [4] Industry Trends - The gambling industry is undergoing a transformation, with prediction markets poised to disrupt traditional online betting platforms [4] - Kalshi and Polymarket are gaining traction, particularly ahead of the 2024 presidential election, attracting interest from sports gamblers [5] - Kalshi has introduced customizable parlays for NFL games, which is expected to enhance its sports-betting operations and has already set new volume records [6]

We recently published 11 Stocks Failing to Keep up With The Market. Flutter Entertainment plc (NYSE:FLUT) is one of the top performers on Tuesday. Flutter Entertainment snapped two straight days of gains on Tuesday, losing 10.33 percent to close at $254 apiece as investor sentiment was dampened by Kalshi’s launch of a new product that would rival its sports-betting features. Flutter Entertainment plc (NYSE:FLUT) fell alongside its sports-betting counterparts after Kalshi on Monday night launched its “bui ...

Core Insights - Kalshi has made significant waves in the sports betting sector, setting a new trading record of over $260 million last Saturday and surpassing $275 million on Sunday, breaking its previous record of $245 million set on the 2024 election day [1] - The majority of Kalshi's trading volume, approximately 98%, is derived from college and professional football events, despite other sporting and political events occurring simultaneously [1] - The trading volume for the game between the Green Bay Packers and the Dallas Cowboys reached $57.2 million, marking it as the highest trading volume for a single game in history [1] Industry Impact - The surge in Kalshi's trading activity led to a significant drop in the U.S. stock market for gambling companies, with DraftKings falling 12%, Flutter Entertainment over 10%, and other companies experiencing declines ranging from 5% to nearly 9% [2] - Analyst David Bain from Texas Capital Securities believes that investor concerns regarding the sports betting industry are exaggerated, suggesting that the reported trading volume may not be as substantial as indicated, as the $540 million figure could include both buy and sell transactions [2] - Bain anticipates that many gambling companies will provide reassuring statements to investors at the upcoming G2E gaming exhibition in Las Vegas, viewing the current stock price declines as buying opportunities for online gambling stocks [3]

With a strong profitability outlook, Flutter Entertainment plc (NYSE:FLUT) secures a spot on our list of the 14 Stocks That Will Double in the Next 5 Years. JMP Securities Reaffirms its Market Outperform Rating on Flutter Entertainment plc (FLUT) with a Price Objective of $345 On September 22, 2025, JMP Securities reaffirmed its Market Outperform rating on Flutter Entertainment plc (NYSE:FLUT) with a price objective of $345, citing the company’s solid fundamentals and ability to withstand changing compet ...

Accessibility StatementSkip Navigation Bet TrackingPrime Sports' new, opt-in personalized bet tracking experience with FanDuel brings together the leading streaming service for live sports with America's #1 Sportsbook. The personalized bet tracking feature presents a dynamic, real-time integration of betting information during live game action. When a fan links their Prime Video profile to their FanDuel account, their active NBA bets will be displayed and updated on the screen, along with relevant progress ...

NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- BetHog, the fast-growing crypto casino founded by the co-founders of FanDuel, announces the debut of Sunny, the world’s first AI-powered blackjack dealer. This sets a new standard for the $15 billion live casino industry. In less than a year since inception, BetHog has quickly emerged to become a major innovator in the crypto casino market. Along with its wide array of classic casino games, BetHog has developed and launched a series of exclusive titles like Hogg ...

Core Viewpoint - Growth stocks are regaining popularity among investors due to decreased market volatility and optimism surrounding artificial intelligence and economic conditions, with the S&P 500 recovering all losses from previous trade tariff shocks [2][3] Group 1: Market Trends - The Cboe Volatility Index has decreased from a peak of 60 in April to 17, indicating market stabilization [2] - U.S. small-cap equities have slightly outperformed European counterparts, with the S&P 500 increasing by 7% in the last quarter [3] - Weekly inflows into U.S. stock funds reached approximately $58 billion, marking a year-to-date high and reflecting strong investor demand [3] Group 2: Investment Methodology - The evaluation of companies for potential doubling in value over the next five years is based on current-year EPS growth, five-year EPS growth, and hedge fund sentiment [5] - Hedge fund sentiment is gauged using Q2 2025 13F filings from over 900 hedge funds, focusing on companies with significant earnings growth and growing institutional interest [5] Group 3: Featured Stocks Flutter Entertainment plc (NYSE:FLUT) - Flutter has 87 hedge fund holders, with an EPS growth this year of 3,498.60% and expected 5-year EPS growth of 154.77% [7] - The company reported a strong Q2 2025 performance with 15.63% year-over-year revenue growth to $14.89 billion and EBITDA of $2.2 billion [10] - Flutter is expanding its operations in the U.S. and strengthening its international positions, supported by innovations and strategic acquisitions [9][11] Carvana Co. (NYSE:CVNA) - Carvana has 91 hedge fund holders, with an EPS growth this year of 216.91% and expected 5-year EPS growth of 51.40% [12] - The company raised its price target to $425, citing strong fundamentals and market share expansion despite facing challenges [13] - Carvana operates an online marketplace for buying and selling used automobiles, offering various services including financing and logistics [14] EQT Corporation (NYSE:EQT) - EQT has 96 hedge fund holders, with an EPS growth this year of 609.89% and expected 5-year EPS growth of 51.40% [15] - The company announced the sale of GlobalConnect, expected to be valued at approximately €8 billion, reinforcing its growth potential [16] - EQT produces and transmits natural gas and liquids in the Appalachian Basin, benefiting from favorable pricing conditions and strong financial health [17]

Core Insights - FanDuel and Delaware North have formed a market access partnership for online sports betting and igaming in West Virginia, utilizing Delaware North's Mardi Gras Casino & Resort as a platform [1][2]. Company Overview - FanDuel Group is recognized as North America's premier mobile gaming company, offering a range of products including FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing, with a customer base of approximately 17 million across all 50 states [5][6]. - Delaware North is a global leader in hospitality and entertainment, serving over half a billion guests annually across various venues, including casinos and resorts [7]. Partnership Details - The partnership leverages Delaware North's gaming and hospitality expertise alongside FanDuel's advanced sports betting technology and brand recognition [2][3]. - FanDuel will continue to operate its sportsbook at the Greenbrier Resort in White Sulphur Springs, West Virginia, in addition to the new partnership [4]. Strategic Goals - The collaboration aims to enhance customer experiences by combining innovative gaming solutions with trusted hospitality services [4].