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 ...

Flutter (FLUT) Q3 2025 Earnings Call Transcript

Thank you, Paul. The continued momentum in both our U.S. and international businesses during Q3 saw over 14 million average ...

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 downgraded both betting platforms as state gaming tax risks in the U.S. and ...

2FLUT, DKNG : DraftKings, Flutter Stocks Downgraded On Prediction Market Risk:

The rise of prediction markets could lower market share and growth for sports betting stocks. An analyst downgraded both ...
Legal Sports Report

BofA Downgrades DraftKings, FanDuel Parent Before Q3 Reports

Concerns over structural hold, state taxes and prediction markets led Shaun Kelley of BofA to downgrade DraftKings and ...
Yogonet

Flutter cuts profit forecast to $2.9B amid unfavourable sporting results, announces Nevada exit

Flutter Entertainment cut its full-year profit outlook on Wednesday after a prolonged run of customer-friendly sports results hit margins. Meanwhile, its U.S. unit FanDuel and rival DraftKings both ...
Yahoo Finance

Flutter Entertainment (FLUT) Loses 10.3% on Kalshi Product Threat

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 ...
The Punch on MSN

As Flutter and Entain dominate through scale, Nexus demonstrates alternative path through ...

The global gaming industry has undergone significant consolidation over the past decade. Flutter Entertainment and Entain dominate the market through their multi-brand portfolios, substantial ...