Gambling 14 February 2026 - 17 February 2026

Entain PLC Draws Barclays 5% Stake as UK Gambling Tax Shake-Up Hits Rivals
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Entain PLC Draws Barclays 5% Stake as UK Gambling Tax Shake-Up Hits Rivals

Barclays disclosed a 5.02% stake in Entain, making it one of the bookmaker’s largest reported shareholders, according to a TR-1 filing late Monday. Most of Barclays’ holding is via swaps and derivatives, not direct shares. Entain shares fell 1.57% after results showed a statutory loss due to a £488 million impairment tied to UK tax changes. The company ended 2025 with £3.64 billion in adjusted net debt.
March 10, 2026
DraftKings stock price (DKNG): Wells Fargo cuts target to $30 as Tuesday session nears
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DraftKings stock price (DKNG): Wells Fargo cuts target to $30 as Tuesday session nears

Wells Fargo cut its price target on DraftKings to $30 from $49 after the stock fell 13.51% to $21.76 last week, citing a more cautious outlook. DraftKings reported Q4 revenue of $1.99 billion, up 43%, and set 2026 guidance for $6.5–$6.9 billion in revenue. Legal scrutiny of its prediction markets business is rising. DraftKings will hold a virtual investor day on March 2.
February 17, 2026
DraftKings stock price slides 14%: DKNG’s 2026 outlook puts prediction markets spending in the spotlight
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DraftKings stock price slides 14%: DKNG’s 2026 outlook puts prediction markets spending in the spotlight

DraftKings shares fell 13.5% Friday to $21.76 after the company issued 2026 guidance below Wall Street forecasts, projecting revenue of $6.5–$6.9 billion and adjusted EBITDA of $700–$900 million. The company plans further investment in its Predictions platform and reported Q4 revenue of $1.989 billion and net income of $136.4 million. Penn Entertainment and MGM Resorts also declined. U.S. markets are closed Monday for Presidents Day.
February 14, 2026