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Genius Sports (GENI) Evolves into Operating System of Modern Sport as Street Cheers Shift Toward Scaled Infrastructure
Yahoo Finance· 2025-12-31 16:25
Genius Sports Limited (NYSE:GENI) is one of the low priced stocks to buy with high upside potential. On December 4, BTIG analyst Clark Lampen raised the firm’s price target on Genius Sports to $16 from $14 and kept a Buy rating on the shares. The firm highlighted that Genius Sports’ move to shed its image as a rights-heavy business with limited upside. Management is now framing the company as a critical infrastructure provider for sports data. By using superior data accuracy and integrated distribution too ...
DraftKings CEO on entry to prediction markets: We'll be able to compete just fine
CNBC Television· 2025-12-19 19:44
Thank you, Kelly and Jason. Thank you for joining us today. First off, set the expectation for investors.How meaningful will this be for DraftKings bottom line. >> Well, I think at least initially we don't know. It's a new product and um I do think that it will eventually be meaningful for the bottom line, but right now it just launched.So, uh it's first day and we're getting some data, so hard to to say what exactly it will do. >> All right, we'll come back to you at the end of the day. No, I'm just kiddin ...
Here’s Why Analysts’ See 72.53% Upside For Flutter Entertainment (FLUT)
Yahoo Finance· 2025-11-28 16:58
Core Viewpoint - Flutter Entertainment plc (NYSE:FLUT) is identified as an undervalued stock with significant upside potential heading into 2026, despite recent price target reductions by analysts [1][2]. Group 1: Analyst Ratings and Price Targets - Joe Thomas from HSBC upgraded Flutter's stock from Hold to Buy, lowering the price target from $265 to $228 [1]. - Ben Shelley from UBS reiterated a Buy rating, reducing the price target from $360 to $340 [1]. Group 2: Valuation and Market Concerns - The stock is currently trading at a price-to-earnings ratio of 20 and an EV/EBIT ratio of 16, which account for UK tax increases [2]. - Concerns exist regarding a slowdown in the US betting market, creating uncertainty around management's return on investment timeline [2]. Group 3: Market Opportunities - The company is expected to benefit from new state liberalization in the US sports betting market [2]. - The UK budget is seen as a major overhaul for the company, with potential catalysts including FanDuel Predicts and legislative openings in the US sports betting market [3]. Group 4: Company Overview - Flutter Entertainment plc is a global online sports betting and iGaming operator, offering a variety of products such as sports betting, casino games, daily fantasy sports, poker, and lottery through multiple brands [4].
MacQuarie's Chad Beynon: Here's why Flutter is trading at a nice entry point for investors
CNBC Television· 2025-11-13 19:42
Joining me now to discuss is Chad Banan who's the senior gaming, lodging, and theaters analyst at Mcquaryy. Uh this was expected because we knew they had partnered with CME Group. But the announcement that they're launching in December and have said we're all in on sports betting where we're not already operating legal sports book is maybe somewhat of a surprise because there's been some reticence.State uh regulators have said in Nevada for instance, if you do this, we're not going to give you a gaming lice ...
X @Bloomberg
Bloomberg· 2025-10-28 17:24
Prediction market Polymarket is preparing to return to the US in the coming weeks with a focus on sports betting, according to people familiar with the matter https://t.co/kAdZjgX0sl ...
Benchmark Highlights DraftKings’ (DKNG) Growth Amid Bettor-Friendly NFL Outcomes
Yahoo Finance· 2025-09-21 08:11
Group 1 - DraftKings Inc. (NASDAQ:DKNG) is recognized as one of the best fast growth stocks to buy, with Benchmark reaffirming a Buy rating and a $53 price target following strong NFL Week 1 results in New York [1] - The company experienced significant handle growth, although there was substantial margin compression across the market due to bettor-friendly NFL outcomes, such as favorites covering and overs hitting [2] - Intense promotion during the NFL kickoff increased handling but negatively impacted profitability, as DraftKings relied heavily on promotions to boost volume and engagement, leading to a decrease in net revenue margin [3] Group 2 - DraftKings Inc. operates in the digital sports entertainment and gaming sector, offering sports betting, digital lottery courier, daily fantasy sports, and online casino games including roulette, slot machines, blackjack, and baccarat [4]
X @The Block
The Block· 2025-08-19 14:04
Robinhood launching sports betting prediction markets on NFL and NCAA football via Kalshi partnership https://t.co/aM7yHcJZJK ...
Defiance Launches DKNX: 2X Leveraged ETF on DraftKings (DKNG)
GlobeNewswire News Room· 2025-07-31 04:12
Core Viewpoint - Defiance ETFs has launched the Defiance Daily Target 2X Long DKNG ETF (Ticker: DKNX), which offers investors 2X daily leveraged exposure to DraftKings Inc. (DKNG), targeting high-growth opportunities in the sports betting and gaming industry [1][3]. Company Overview - DraftKings Inc. is a leading digital sports entertainment and gaming company, providing sports betting, daily fantasy sports, and online gaming across regulated markets in the U.S. and internationally [3]. - The company is positioned to benefit from the expansion of legalized sports betting and increasing consumer engagement, leveraging technology-driven platforms and data analytics [3]. ETF Details - DKNX aims to deliver daily investment results of 200% of the daily performance of DraftKings Inc. through the use of derivatives such as swaps and options [2]. - The fund is designed for knowledgeable investors who understand the implications of seeking daily leveraged investment results [5]. - DKNX represents Defiance's commitment to innovative leveraged ETFs, allowing active investors to pursue targeted growth strategies [3][6].
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-07-10 13:27
Market Entry - Robinhood launches sports betting (prediction markets) [1] - Users can now trade Wimbledon contracts on Robinhood [1]