Flutter, Draftkings hit by fear of prediction markets threat, as Trump Media eyes entry
Investor sentiment towards US-exposed bookmakers such as Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), Draftkings Inc (NASDAQ:DKNG) Entain PLC (LSE:ENT) is currently dominated by "caution and fear" due to the rise of prediction markets. This was one of the key takes from the Berenberg leisure analysts after a trip to the US, where they encountered “the most concern and fear we have felt since 2022” due to the fast-developing prediction market space and a fear that it will eat the lunch of the sports betting and iGaming industry.
New Strong Sell Stocks for Nov. 7
DKNG, FARM and GDEN have been added to the Zacks Rank #5 (Strong Sell) List on Nov. 7, 2025.
DraftKings (DKNG) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for DraftKings (DKNG) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.
DraftKings Cuts Sales Outlook as It Ramps Up Prediction Markets Investments
The sports-betting company is investing more in prediction markets and expanding to new states.
DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business
ESPN is betting on DraftKings.
3 Sports Betting Stocks to Watch Before Earnings
Sports betting giants DraftKings Inc (NASDAQ:DKNG) and PENN Entertainment Inc (NASDAQ:PENN) will report third-quarter earnings tomorrow, the former after the close and the latter before the open.
DraftKings Gears Up for Q3 Earnings: What's in the Offing?
DKNG's third-quarter results may show solid revenue growth from innovation and iGaming strength, though higher taxes and expansion costs can weigh on profit.
Brokers Suggest Investing in DraftKings (DKNG): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Here's Why DraftKings (DKNG) Fell More Than Broader Market
The latest trading day saw DraftKings (DKNG) settling at $30.14, representing a -1.66% change from its previous close.
DraftKings (DKNG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Retail Investors Flip Bearish as DraftKings Tumbles Toward 52-Week Lows
Shares of DraftKings (DKNG) fell 10.2% over the past week, dropping to $31.16 from $34.70, coinciding with a dramatic collapse in retail investor sentiment on Reddit.
