DraftKings and Flutter shares slide after BofA downgrades, citing prediction-market pressures, weak sports results, and ...
Flutter, the world's largest sports betting company, is facing significant headwinds, including rising expenses and rising competition from integrated financial platforms.
Prediction markets have put a squeeze on betting firms, but they might have bigger issues to worry about.. BofA Securities downgraded DraftKings and Flutter.
The rise of prediction markets could lower market share and growth for sports betting stocks. An analyst downgraded both ...
Polygon’s new partnership with Flutterwave could transform African payments, boost stablecoin usage, and lift MATIC demand.
Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) are both adding to Monday’s losses after BofA Securities ...
Bank of America downgraded online betting giants DraftKings (DKNG) and Flutter Entertainment (FLUT), the parent company of ...