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Stifel analyst weighs DraftKings and Flutter prospects ahead of US football season

Business

Stifel analyst Jeffery Stantial outlined factors that could affect DraftKings and Flutter’s FanDuel as the US football season begins. He cited potential support from parlay product improvements and stable promotional spending, alongside risks including slower structural-hold growth and market-share gains by smaller operators.

The analyst’s factors bear on investor expectations for two major US sports-betting operators.

End-of-day close DraftKings (DKNG), USD, to 17 October 2025
Story date21 July 202517 October 2025

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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