From Benzinga's Sports Betting & Gaming Conference: Citizens JMP Equity Analyst, Jordan Bender Says Player Prop Bets And Pricing Bets Will Help Draftkings And FanDuel To Grow In Revenues Tremendously In The Future
Portfolio Pulse from Benzinga Newsdesk
At Benzinga's Sports Betting & Gaming Conference, Citizens JMP Equity Analyst Jordan Bender highlighted that player prop bets and pricing bets are expected to significantly boost future revenues for DraftKings and FanDuel.
May 16, 2024 | 4:01 pm
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POSITIVE IMPACT
DraftKings is expected to see significant revenue growth due to the increasing popularity of player prop bets and pricing bets, as highlighted by analyst Jordan Bender.
The analyst's positive outlook on player prop bets and pricing bets directly impacts DraftKings, suggesting a strong potential for revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
FanDuel, represented by its parent company Flutter Entertainment, is expected to benefit from significant revenue growth driven by player prop bets and pricing bets, according to analyst Jordan Bender.
The analyst's positive outlook on player prop bets and pricing bets directly impacts FanDuel, suggesting a strong potential for revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100