DraftKings’ 2027 Outlook Includes $400 Million Fee Potential
Bank of America sees DraftKings prediction markets collecting about $400 million in 2027 fees, amid investment costs, regulation and execution risks. The post DraftKings’ 2027 Outlook Includes $400 Million Fee Potential appeared first on ReadWrite .
Bank of America upgraded DraftKings to a Buy rating, maintaining a $27 price target and estimating the company could collect approximately $400 million in prediction-market fees by 2027. This provides investors with a tangible measure of the potential contribution from the business that DraftKings is expanding alongside its sportsbook. Additionally, BofA sees a separate $200 million to $400 million opportunity from market-making activities, though it did not combine this with the fee estimate.
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