FanDuel Follows DraftKings Into Prediction Markets

The sports betting firm said Wednesday that it will debut a stand-alone prediction market app called FanDuel Predicts, in ...
The Nevada Independent

DraftKings, FanDuel agree to abandon Nevada in favor of prediction markets

The two largest sports betting operators in the U.S. won't seek licensing in Nevada in order to focus efforts on launching ...
ReadWrite

BofA downgrades hit DraftKings and Flutter as prediction market risks grow

DraftKings and Flutter shares slide after BofA downgrades, citing prediction-market pressures, weak sports results, and ...

Taxes and concerns over structural hold leads BofA to downgrade Flutter and DraftKings

Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) are both adding to Monday’s losses after BofA Securities ...

2FLUT, DKNG : DraftKings, Flutter Stocks Downgraded On Prediction Market Risk:

The rise of prediction markets could lower market share and growth for sports betting stocks. An analyst downgraded both ...

Flutter Entertainment hurt by customer friendly sporting results

(Alliance News) - Flutter Entertainment PLC on Wednesday lowered guidance after a series of customer friendly sporting results hit earnings. The New York-based bookmaker which owns FanDuel, Betfair ...