Sports Betting
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Flutter’s FanDuel Reportedly Sacks ‘Several Hundred’ Staffers
An internal email confirms the layoffs News of the headcount reduction arrives a month after the departure of former CEO Amy Howe Flutter shares are off 51.2% this year Flutter Entertainment’s (NYSE: FLUT) FanDuel is reportedly laying off several hundred...
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Lids Brings Flagship Store to Las Vegas Strip
DraftKings Eyes 2020 IPO After Merger With Diamond Eagle Acquisition, SBTech
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Casino Union UNITE HERE Urges Congress to Ban Sports Prediction Markets, Citing Threat to Jobs
The UNITE HERE union is calling on Congress to outlaw sports prediction contracts as the landmark crypto-focused CLARITY Act inches toward a floor vote...
Robinhood Shifts World Cup Betting Volume to In-House ‘Rothera’ Exchange in Blow to Kalshi
Robinhood announced it will direct some World Cup event contracts through Rothera, its own prediction market That could affect the contract volume the company...
Prediction Market ‘Combos’ Bigger Losers for Bettors Than Sportsbook Parlays
Prediction market combos lead to larger losses for retail bettors than the parlays offered by traditional sportsbooks Citizens Research estimates retail market participants lose...