DraftKings shares rose 7% over the week, reportedly amid investor optimism about the company’s planned 50-cent surcharge on Illinois bets from 1 September. Analysts cited in the report viewed the charge as a way to protect margins, while uncertainty over possible tax increases in several states remained a concern.
The proposed surcharge and state tax uncertainty may affect DraftKings’ margins and investor outlook.
Quarter ended 30 September 2026
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Analysts at Jefferies and Truist Securities discussed gaming-sector valuations and G2E themes on 5 October 2026, according to a report. J.P. Morgan’s Dan Politzer said DraftKings’ online sports-betting handle was tracking well quarter to date, while investment in prediction markets was shifting from FY27 into FY26. He also said DraftKings viewed the regulatory outlook as uncertain.
Analysts at J.P. Morgan, Truist Securities, Texas Capital Securities and Jefferies commented on DraftKings, Penn Entertainment, Inspired Entertainment and New York online sports betting, according to the report. Their notes covered company results and guidance, operating performance, and state betting data for the week ending 2 August.
Analysts discussed the proposed Fertitta Entertainment acquisition of Caesars, announced on Thursday, and its potential effects on casino operators. J.P. Morgan’s Daniel Politzer raised questions about financing, possible divestitures and shareholder approval, while CBRE’s John DeCree said the sector could see further leveraged and management buyouts.
Analysts reviewing New York Gaming Commission data for the week ending 5 April reported online sports betting gross gaming revenue up 30% year over year, while handle fell 9%. Their analysis put the hold rate at 11.3%, including results from the NCAA Basketball Tournament Final Four.
Analysts reviewed US gaming operators, Brightstar Lottery, artificial intelligence and Gambling.com in notes published on 16 March. J.P. Morgan said recent M&A activity supports gaming valuations, while Truist maintained a Hold view on Brightstar and lowered its 2026 EBITDA estimate for Gambling.com to $51 million from $62 million. Jefferies said operators may expand AI use in customer acquisition, engagement and retention.