DraftKings, Flutter In Focus As BofA Sees Online Betting Driving Gaming Stocks Into 2026
BofA Securities analyst Shaun C. Kelley said the gaming sector is starting 2026 with online sports betting still at the center of investor focus, even as softer trends across Las Vegas, regional casinos, and Asia temper near-term expectations.Online Betting Dominates, But Volatility PersistsAs fourth-quarter earnings approach, Kelley said his team updated forecasts for Las Vegas, regional casinos, and Macau, reviewed recent online betting trends, and refreshed earnings bridges for DraftKings Inc (NASDAQ:DKN ...