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Analyst report says sportsbook operators could consider brokerage acquisitions

Deals & M&A

Eilers & Krejcik Gaming said sportsbook operators could consider acquiring digital brokerage platforms as they explore an all-in-one app model. The report cited Webull and Public.com as possible examples, but neither a sportsbook operator nor either brokerage has publicly indicated an acquisition plan or interest in a sale.

The analysis raises potential cross-sector acquisition considerations for gambling operators and financial-services firms.

End-of-day close DraftKings (DKNG), USD, to 18 May 2026
Story date17 February 202618 May 2026

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Flutter weighs FanDuel prediction market spending and profit potential

Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.

Dan Taylor, Flutter's chief executive, told the third-quarter earnings call on 4 November that the coming months should sharpen the company's view of how its prediction market business makes money. At issue is whether FanDuel Predicts can turn a profit by itself, or can only help recruit customers in states that could later permit online sports betting.

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