5695 stories by Todd Shriber
Flutter CEO Says ‘Generosity’ Dragged FanDuel Results, Bullish on Prediction Markets
Flutter CEO Peter Jackson admits FanDuel's aggressive promotional spending—or "generosity"—squeezed recent margins and left the operator with fewer active users than expected While the news follows the high-profile exit of FanDuel CEO Amy Howe, Jackson...
A Recipe for Disaster’: Why One Professor is Sounding the Alarm on the Ethics of Prediction Markets
A leading academic warns that the current explosion in prediction markets is engineered to create a new generation of losers Major questions are being raised about whether these markets are truly a level playing field...
Macquarie: DraftKings One of the Most Compelling Growth Stories in Gaming
After months of stagnation, DraftKings (DKNG) is finally flashing "buy" signals as the stock regains its upward momentum The company is reporting a massive breakthrough in its prediction market tech—a move that could revolutionize how...
AWS ‘Thermal Event’ Melts Down Coinbase and FanDuel in Massive Outage
Some FanDuel bettors complained about not being able to cash out The gaming company said the issue appears to be the result of a broader AWS outage Coinbase acknowledged “core” trading functions were limited due...
Wynn Reveals ‘Modest’ Delay in Opening UAE Casino
Wynn Resorts confirms there will be “modest” delay in opening UAE casino resort The venue was expected to debut in early 2027 Wynn didn’t set a new opening date, but will get into specifics in...
DraftKings’ ‘Super App’ Strategy Fuels Record $1.65B Q1 Surge
DraftKings Predictions is now live, unifying the ecosystem under one "Super App" roof The new platform slashed customer acquisition costs by a staggering 80% in April Revenue hit $1.65 billion in Q1, crushing estimates and...
Inside Ex-FanDuel CEO Amy Howe’s Massive $4.37M Flutter Severance Package
Howe receives a severance payment totaling two years of base salary The package includes the accelerated vesting of Restricted Stock Units (RSUs) Flutter will provide 24 months of continued health insurance coverage Former FanDuel CEO...
Report: MGM May Be Readying Another Entain Takeover Bid
Speculation is rife that MGM may be working with private equity companies on a bid for Entain It’s possible those finance companies may be interested in acquiring Entain on their own Entain is MGM’s partner...
Minnesota Could Be Next Stop for CFTC in Prediction Market Legal Fights
The CFTC is actively pursuing litigation against states suing prediction markets There’s speculation Minnesota is on the watch list Minnesota is pushing through anti-prediction markets legislation Federal regulators are dialing up the pressure on states...
FanDuel CEO Amy Howe Departs in Shock Move as Prediction Markets Pressure and Slowing Growth Send Flutter Shares Tumbling
After nearly five years at the helm, Amy Howe’s tenure as the face of FanDuel has come to an abrupt end. Internal reports are swirling that Howe was forced out by parent company Flutter as...