Nevada regulators pull DraftKings and Flutter licenses amid escalating legal battles over the legality of prediction markets.
Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.
Because the contracts are structured as peer-to-peer trades, prediction market providers are regulated derivatives platforms ...
Both Flutter Entertainment and Allwyn have gained a stake in the US predictions sector via their respective FanDuel and ...
Flutter Entertainment, which controls roughly a quarter of the American sports betting market through FanDuel, reported its ...
What do we make of these numbers from Flutter Entertainment, the parent company of FanDuel? After the close, this online ...
Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) are both adding to Monday’s losses after BofA Securities ...
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 ...
DraftKings and Flutter have withdrawn their applications and licenses, respectively, to offer online sports betting in Nevada ...
Bank of America downgraded both DraftKings and Flutter Entertainment to Neutral, citing renewed pressure from volatile betting margins, state tax risks, and uncertainty surrounding emerging prediction ...
Significant increases in gambling taxes in Britain would threaten jobs and drive customers to the black market, the chief ...
FanDuel launches FanDuel Predicts with CME Group, expanding market access for users to trade event contracts on sports and ...