DraftKings Teams Up With Crypto.com for Expanded Prediction Markets
DraftKings (DKNG) partners with Crypto.com to expand prediction markets, adding player-specific sports contracts and new categories including politics and entertainment.
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DraftKings Faces Rising Competition From Kalshi, New Report Says
A new short-seller report highlights growing competitive pressure on DraftKings from prediction market platform Kalshi, citing user growth, broader betting options, and expanding distribution.
Prediction Markets Slam Sports Betting Stocks as DraftKings, Flutter Plunge
DraftKings and Flutter shares tumble as prediction market platforms Kalshi and Polymarket surge during NFL playoffs, threatening traditional sportsbook dominance with $720M in weekly volume.
Wells Fargo Favors DraftKings Over Flutter in 2026 Digital Gaming Outlook
Wells Fargo upgrades DraftKings and downgrades Flutter, highlighting stronger near-term upside for DKNG and solid long-term growth in digital gaming.
Coinbase Buys The Clearing Company to Expand Prediction Markets
Coinbase acquires The Clearing Company to strengthen its prediction markets platform, bringing in expert team from Kalshi and Polymarket as part of its "Everything Exchange" strategy.
Kalshi Loses Nevada Court Battle Over Prediction Markets
Nevada judge overturns ruling protecting Kalshi from state gambling laws, sparking appeals and nationwide legal battles.