5532 stories by Todd Shriber
FanDuel Owner Flutter Hit by Major Citi Downgrade
Flutter stock now rated by “sell” by Citi Research The research firm also cut its price target on the gaming stock in a big way Analyst says FanDuel Predicts warrants little value Shares of Flutter Entertainment (NYSE: FLUT) traded lower Thursday after...
Kalshi Expands Commodities Platform With Dedicated Hub
The prediction market is rolling out a dedicated commodities hub Move arrives as commodities are in focus due in part to the Iran war Kalshi is adding derivatives on 10 commodities Against the backdrop of surging oil prices following the US-Iran war...
Analyst: Prediction Markets Pacing to $1 Trillion in Volume by 2030
Bernstein sees prediction markets turnover reaching $1 trillion by 2030 Volume on Kalshi, Polymarket this year already topped the 2025 tally Research firm says state legal challenges won’t harm industry growth Prediction market volume is exploding this year and the industry’s rapid...
BetMGM Is No Fan of Prediction Markets
BetMGM CEO Adam Greenblatt says prediction markets are behind increased customer acquisition costs He believes bettors that left for yes/no exchanges will eventually return He believes BetMGM offers a better value proposition BetMGM CEO Adam Greenblatt has suggested prediction markets are driving...
High Roller Stock Jumps on News of Prediction Markets Deal
At one point today, the stock more than doubled on news of a prediction markets deal with Crypto.com Traders may have realized the news isn’t all that new, explaining why the gains were trimmed High Roller Technologies (NYSE: ROLR) surged on news...
iGaming stocks continue to dominate sports betting peers
Prediction markets are pressuring online sportsbook operators iGaming-centric companies have prediction market buffers Analyst highlights Rush Street Interactive, Super Group as possible iGaming winners Over the past year, shares of online sportsbook operators, including DraftKings (NASDAQ: DKNG) and Flutter Entertainment (NYSE: FLUT),...
Cantor Fitzgerald: Coinbase, Robinhood Top Picks For Prediction Markets Boom
Research firm says the two brokerage houses are the best publicly traded ideas for investors looking for prediction markets access Prediction markets are Robinhood’s fastest-growing business to date Event contracts are similar to crypto, equities trading where these companies are among the...
Masters Hits Big on Kalshi: Golf Winner Becomes 2nd-Most Bet Event Ever
Golf’s first major of the year was the most bet on sporting event in Kalshi history That’s on the basis that volume generated by the Super Bowl was spread across a slew of derivatives The Masters champion contract was the 2nd-most bet...
Missouri Sports Betting Defies Odds With Record Start and Zero Cannibalization
Missouri is one of the best online sports betting launches in recent memory That’s happening with reduced promotional spending by operators Analyst says there’s little evidence of prediction markets cannibalization Since its December debut, Missouri has emerged as one of the most...
Robinhood Imposes Restrictions on Prediction Markets
Robinhood wants to clampdown on potential insider trading It won't offer certain event contracts that are vulnerable to manipulation Event contracts are big business for the online broker Robinhood Markets (NASDAQ: HOOD) will keep with its policy of not offering certain event...
