Macquarie: DraftKings Still One of Gaming’s ‘Most Compelling’ Growth Stories
Casino.org
Macquarie analyst Chad Beynon maintains an outperform rating on DraftKings with a $38 price target, citing the company as one of gaming's most compelling growth stories despite mediocre second-quarter results. The firm highlights strong customer acquisition metrics and the emerging potential of DraftKings Predictions as a significant incremental revenue stream rather than a cannibalistic threat to core sportsbook business. This positive outlook is further supported by expected momentum from the upcoming college football and NFL seasons, which are anticipated to boost engagement with both traditional wagering and prediction markets.
All articles from 12 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.