TLDR DraftKings shares fell 21.3% on Friday to a new 52-week low after a guidance cut. The company expects $900…
Browsing: Prediction Markets
TLDR Polymarket says its annualized revenue run rate has passed $1.8 billion, up from $1 billion in June. Notional volume…
TLDR DraftKings keeps about $7.30 in gross revenue for every $100 consumers trade on its exchange. The company plans to…
TLDR DraftKings denied using AI to find customers likely to lose money. VIP hosts must randomly check 10 customers each…
TLDR The UK has launched an independent review of the Gambling Act 2005. Prediction markets, crypto and AI are among…
TLDR Guardians pitchers Emmanuel Clase and Luis Ortiz are on trial over alleged pitch-fixing. A sportsbook CEO says betting patterns…
TLDR Kalshi launched single-stock perpetual futures on more than 50 NYSE and Nasdaq stocks on Nov. 5. The company reported…
TLDR Senator Elizabeth Warren will chair the Senate Banking Committee starting in January. A Warren aide said Trump family crypto…
TLDR Onchain data links a Polymarket trader flagged by the New York Times to large matching bets on Kalshi. The…
TLDR Kalshi’s market favorite won 479 of the first 487 midterm races that were decided. Kalshi gave Democrats a 93%…