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Todd Shriber
5850 stories by Todd Shriber
Prediction Market Volume Could Rise to $10T by 2035 as Sports Share Declines
Prediction market volume could soar to $10 trillion per year by 2035, compounding at a staggering annual rate of 70%, according to new research by Bernstein analysts. A Polymarket billboard. Bernstein estimates prediction market volume...
Stifel: Rush Street Interactive Has ‘Scarcity Value’ in Growing iGaming Market
Following a 7.42% single-day drop, Rush Street Interactive (NYSE: RSI), previously one of this year’s hottest gaming stocks, is down 14.71% over the past month—a pullback at least one analyst calls a buying opportunity. The...
FutureSports MLB Indexes Spark Wave of New Sports ETF Filings
FutureSports has inked a deal with Major League Baseball (MLB) to launch performance-based financial indexes for all 30 MLB franchises, marking the company's latest expansion into professional sports markets. Philadelphia Phillies star Bryce Harper. FutureSports...
Yahoo Finance Ends Prediction Market Partnership With Polymarket
Yahoo Finance has ended its dedicated prediction market integration with Polymarket, cutting short a high-profile partnership less than a year after launch. Yahoo Finance ended its prediction market deal with Polymarket. (image: Getty) The investing...
DraftKings Seeks Invalidation of Patent Invented by Commerce Secretary Howard Lutnick
DraftKings is requesting that a panel of the U.S. Patent and Trademark Office (USPTO) nullify a patent that trading house Cantor Fitzgerald says the gaming company copied for its benefit. U.S. Commerce Secretary Howard Lutnick....
Macquarie: Prediction Market ‘Taker’ Volume to Reach $190 Billion in 2026
Prediction market volume attributable to “takers”—recreational and retail traders who pull liquidity from exchanges—is forecast to reach $190 billion this year. Macquarie says prediction market taker volume could reach $190 billion this year. (Image: Shutterstock)...
Eilers & Krejcik: Sports Contracts to Drive 80% of $190B Prediction Market Volume
For all the hoopla surrounding prediction markets and expectations that the industry will eat away at sportsbooks’ NFL handle this season, the old guard industry is expected to control nearly 80% of pro football wagers...
Caesars Receives Second FTC Request for Merger Info as Two Board Members Resign
Two Caesars Entertainment (NASDAQ: CZR) board members appointed at the direction of activist investor Carl Icahn are stepping down from their director roles. Investor Carl Icahn. Two of his appointees to the Caesars board tendered...
Billionaire Kenneth Dart Halts Buying of Flutter Entertainment Shares
Billionaire investor Kenneth Dart has paused buying Flutter Entertainment (NYSE: FLUT) stock, but the move isn't as bearish as it might seem. Investor Kenneth Dart hasn't bought shares of Flutter Entertainment in a month. (Image:...
Diller’s MGM Takeover Offer Targeted by Shareholder Rights Law Firm
Barry Diller’s attempt to acquire MGM Resorts International (NYSE: MGM), the casino operator in which his People Incorporated (NASDAQ: PPLI) is the largest shareholder, is drawing scrutiny from a securities law firm. MGM Grand on...
