DraftKings Reports Massive Growth — $1.3B Consumer Volume in Just One Month
DraftKings’ Predictions platform exploded in May 2026: annualized consumer volume jumped 24% to $1.3 billion and total volume rose 34% to $3.1 billion.
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Citi Slams Flutter Entertainment with Double Downgrade to Sell Amid 2026 Growth Fears
Citi downgraded Flutter to Sell, slashed its price target, and warned of weak growth, rising competition, and falling profitability.
Kalshi, Polymarket & Robinhood: Inside the Prediction Market Surge
Prediction markets are booming fast, with huge growth expected to $1T by 2030 as betting on real events goes mainstream.
Bipartisan Senate Bill Targets Sports Betting on Prediction Markets Like Kalshi and Polymarket
Sens. Schiff & Curtis introduce legislation to ban CFTC-regulated prediction markets from offering sports wagers, closing a loophole amid state clashes.
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.
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.