DraftKings is showing early signs of recovery in its iGaming business with improved revenue growth, stabilized market share, and successful product launches like Lightning Link and Flex Spins. However, the company faces intense competition from Flutter Entertainment and PENN Entertainment. DKNG stock is trading at a discount with a Zacks Rank #4 (Sell) rating, though 2026 earnings are projected to surge 36.4%.

Pomerantz LLP is investigating potential securities fraud claims against Flutter Entertainment plc following the company's announcement on September 28, 2026, that it ceased operations in Brazil due to a nationwide online gaming ban. The news triggered a 7.93% stock price decline, with Flutter projecting approximately $70 million in lost 2026 revenue and $20 million reduction in adjusted EBITDA from the Brazilian unit closure.

Pomerantz LLP is investigating Flutter Entertainment for potential securities fraud following the company's announcement that it ceased operations in Brazil due to a nationwide online gaming ban. The suspension is expected to reduce 2026 revenue by approximately $70 million and adjusted EBITDA by $20 million, causing Flutter's stock to fall 7.93% to $76.63 per share on September 28, 2026.

Apptopia published an updated report analyzing online sportsbooks and prediction markets, tracking daily active users, session frequency, and cross-app usage for major players including DraftKings, Flutter Entertainment, Caesars Entertainment, MGM Resorts, Kalshi, and Polymarket. The analysis covers the period from the World Cup through the first week of the NFL season.

DraftKings surged 8.39% to $24.03 following Q2 results that missed analyst expectations but showed strong underlying metrics. Despite a 5% sales drop due to customer-friendly sports outcomes, the company reported 15% growth in sports consumer volume, 9% jump in monthly unique payers, and a quintupling of prediction services volumes. The stock's rally was driven by optimism around prediction-market growth, though regulatory hurdles and potential cannibalization between betting products remain concerns.

Flutter Entertainment plc announced that Dan Taylor, currently CEO of Flutter's International division, will become Group Chief Executive Officer effective October 1, 2026, succeeding Peter Jackson. Taylor has led the International division to over $9 billion in annual revenue and $2.2 billion in Adjusted EBITDA in 2025, with a track record of strategic acquisitions, organic growth, and successful integration of major businesses across multiple regions.

Flutter Entertainment plc has completed the cancellation of its secondary listing on the London Stock Exchange effective August 3, 2026. The company's shares are now exclusively listed on the New York Stock Exchange, consolidating its primary listing to a single exchange.

Flutter Entertainment announced that CEO Peter Jackson and CFO Rob Coldrake will participate in an Oppenheimer fireside chat on August 11, 2026. The live audio webcast will be accessible via Flutter's investor relations website with a replay available afterward.

Lotto.com announced the appointment of Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources. Both executives bring extensive experience in operations, leadership, and talent management from major companies including Flutter Entertainment and Screenvision Media. The appointments support Lotto.com's continued expansion across North America, where it currently operates in 12 jurisdictions and serves over 4 million customers.

Lotto.com announced the appointment of Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its executive leadership team. Tereanu brings 13 years of experience from Flutter Entertainment, while Coyle brings over a decade of HR leadership experience from high-growth technology and media organizations. Both appointments are aimed at supporting Lotto.com's continued expansion across North America.

The 2026 FIFA World Cup beginning in the U.S., Canada, and Mexico is projected to add 0.6% to U.S. GDP and 0.4% to global GDP. Bank of America estimates $11.1 billion in direct spending from 5.2 million attendees, with 1.2 million international visitors. The tournament is expected to generate 824,000 full-time-equivalent jobs globally and boost sectors including travel, lodging, payments, media, and sports betting.

Inspired Entertainment has signed a long-term contract extension as the exclusive provider of gaming terminals and content to Paddy Power, a major UK and Ireland bookmaker owned by Flutter Entertainment. The agreement, building on a 25+ year partnership, will see Inspired continue supplying its Vantage terminals and premium content across Paddy Power's entire retail estate.