Flutter Misses Q4 Expectations as “Boring” NFL Season and Prediction Markets Weigh on FanDuel
Flutter, parent of FanDuel, reports Q4 misses amid prediction market pressures; shares drop as US forecasts fall short, but international outlook shines.
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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.
Flutter Slashes Profit Forecast Amid Customer Winning Streaks, Launches FanDuel Predicts
Flutter Entertainment cuts 2025 profit outlook to $2.9B as gamblers' winning streaks hit payouts. Company launches FanDuel Predicts app to tap prediction markets opportunity.