Online sports betting faces a tough road ahead as competition grows from prediction markets and regulatory uncertainty mounts, accoridng to BofA.
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Analysts largely agree on DraftKings and Flutter Entertainment, owner of FanDuel, as their top gaming picks.
The bank upgraded the sports betting stock to buy from hold.
The bank opened research coverage with an overweight rating.
The technical analyst draws DraftKings four different ways.
Platforms like Kalshi and Polymarket reported surging activity last week during the beginning of the NFL playoff season.
Bank stocks are getting unfairly clobbered by fears of AI disruption.
