In other recent news, DraftKings (NASDAQ: DKNG ) Inc. is expected to report better-than-anticipated second-quarter results, with BofA Securities raising its revenue estimate to $1.50 billion, 6% above the consensus estimate of $1.41 billion. The investment bank has also increased its price target for DraftKings to $50, maintaining a Buy rating. Meanwhile, Mizuho has reiterated an Outperform rating with a $58 price target, citing market share gains in New York. Benchmark has also raised its price target to $50 following reports of DraftKings' acquisition talks with Railbird Exchange, a prediction market platform. Additionally, Citi has reiterated its Buy rating and maintained a $58 price target in light of Flutter's acquisition of Boyd Gaming (NYSE: BYD )'s stake in FanDuel.