DraftKings, FanDuel Withdraw Nevada License Applications After Jumping into Prediction Markets

Nevada Gaming Control Board declares sports betting operators' pursuit of prediction markets "incompatible" with Nevada's ...
SBCNews

Flutter’s FanDuel and Allwyn’s PrizePicks powering into US predictions

Both Flutter Entertainment and Allwyn have gained a stake in the US predictions sector via their respective FanDuel and ...

FanDuel owner to launch prediction market as competition heats up

They will no doubt recall that at the start of October both Flutter and its main U.S. competitor, DraftKings (DKNG) , suffered double-digit share price falls when prediction markets operator Kalshi ...
ReadWrite

Nevada intensifies crackdown, stripping DraftKings and Flutter licenses over prediction markets

Nevada regulators pull DraftKings and Flutter licenses amid escalating legal battles over the legality of prediction markets.
SBCNews

Flutter books Q3 loss of $790m on unforeseen India impacts

Flutter Entertainment sees headline growth continue to be undone by enlarged impairments related to its global profile.

Stock market today: Dow closes above 48,000 for first time, Nasdaq slips with government shutdown vote on deck

US stocks were mixed on Wednesday, with the Dow posting a fresh record but Big Tech stocks wobbling as chances grew that the ...

FanDuel to launch prediction markets that bypass US state gambling bans

Because the contracts are structured as peer-to-peer trades, prediction market providers are regulated derivatives platforms ...

What to Expect in Markets This Week: Earnings From Disney, CoreWeave, Sony and Cisco; Veterans Day Holiday

Walt Disney’s report on Thursday follows the company’s recent launch of its ESPN sports app and plans to purchase the NFL ...