Nevada regulators pull DraftKings and Flutter licenses amid escalating legal battles over the legality of prediction markets.
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DraftKings, Flutter Pull Out Of Nevada Sports Betting Over Prediction Markets Ambitions
DraftKings and Flutter have withdrawn their applications and licenses, respectively, to offer online sports betting in Nevada ...
Despite the revenue decline, FanDuel still maintained a 38% share of the US sportsbook market by gross gaming revenue and remains the top company in the US by market share, according to Flutter. In ...
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Jim Cramer Says Flutter Entertainment “Reported What I Call a Mixed Quarter With Soft Revenue”
What do we make of these numbers from Flutter Entertainment, the parent company of FanDuel? After the close, this online ...
Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.
Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) are both adding to Monday’s losses after BofA Securities ...
Flutter chief warns significant tax increases will threaten jobs and drive customers to black market
Significant increases in gambling taxes in Britain would threaten jobs and drive customers to the black market, the chief ...
Because the contracts are structured as peer-to-peer trades, prediction market providers are regulated derivatives platforms ...
For DraftKings, BofA said its U.S. iGaming share has slipped to 23% from 27% in two years, while tax and promotional costs continue to weigh on margins. It cut its 2026 EBITDA estimate to $1 billion ...
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