DraftKings (DKNG) Stock Rises 9% After First GAAP Profit and Predictions Market Expansion
TLDR DraftKings stock rose 9.31% last week after reporting Q4 revenue of $1.99 billion and swinging to a net profit of $136.43 million. The company’s Predictions feature now operates in 38 states, including California and Texas, which are off-limits to…
TLDR MarketBeat flagged seven casino stocks with the highest dollar trading volume,…
TLDR Users on Kalshi and Polymarket placed bets on Iran’s Supreme Leader…
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TLDR Kalshi issued its first public disciplinary actions, fining a MrBeast editor…
Prediction Markets
DraftKings (DKNG) Stock Rises 9% After First GAAP Profit and Predictions Market Expansion
TLDR DraftKings stock rose 9.31% last week after reporting Q4 revenue of…
TLDR Users on Kalshi and Polymarket placed bets on Iran’s Supreme Leader…
Polymarket Wallets Made $1.2 Million Before US Iran Strikes — What the Blockchain Data Shows
TLDR Six fresh Polymarket wallets made $1.2 million betting on US strikes…
TLDR Polymarket and Kalshi together control roughly 79% of the prediction market,…
Finance
View MorePolymarket Wallets Made $1.2 Million Before US Iran Strikes — What the Blockchain Data Shows
TLDR Six fresh Polymarket wallets made $1.2 million betting on US strikes…
TLDR Polymarket and Kalshi together control roughly 79% of the prediction market,…
TLDR Kalshi, a New York-based prediction market, has sued the state of…
TLDR Caesars Entertainment (CZR) jumped 20.6% Thursday after reports it is weighing…
Regulation
View MoreKalshi Wins Tennessee Court Ruling as Prediction Market Legal Battle Spreads Across States
TLDR A federal judge in Tennessee granted Kalshi a preliminary injunction, blocking state officials from enforcing local sports betting laws against it. Judge Trauger…
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DraftKings (DKNG) Stock Rises 9% After First GAAP Profit and Predictions Market Expansion
TLDR DraftKings stock rose 9.31% last week after reporting Q4 revenue of $1.99 billion and swinging to a net profit of $136.43 million. The…
Opinion
Finance
DraftKings (DKNG) Stock Rises 9% After First GAAP Profit and Predictions Market Expansion
TLDR DraftKings stock rose 9.31% last week after reporting Q4 revenue of $1.99 billion and swinging to a net profit of $136.43 million. The company’s Predictions feature now operates in 38 states, including California and Texas,…