Nevada regulators pull DraftKings and Flutter licenses amid escalating legal battles over the legality of prediction markets.
Despite the revenue decline, FanDuel still maintained a 38% share of the US sportsbook market by gross gaming revenue and remains the top company in the US by market share, according to Flutter. In ...
Flutter Entertainment, which controls roughly a quarter of the American sports betting market through FanDuel, reported its ...
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DraftKings, Flutter Pull Out Of Nevada Sports Betting Over Prediction Markets Ambitions
DraftKings and Flutter have withdrawn their applications and licenses, respectively, to offer online sports betting in Nevada ...
Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.
The two largest sports betting operators in the U.S. won't seek licensing in Nevada in order to focus efforts on launching ...
The booming business of events contracts is one to watch closely – and tread into carefully – for some of the biggest sportsbook operators.
Because the contracts are structured as peer-to-peer trades, prediction market providers are regulated derivatives platforms ...
Customer-friendly results contributed to FanDuel’s 5% revenue drop, but Flutter's Q3 revenue still spiked 17% compared to the same quarter in 2024.
For DraftKings, BofA said its U.S. iGaming share has slipped to 23% from 27% in two years, while tax and promotional costs continue to weigh on margins. It cut its 2026 EBITDA estimate to $1 billion ...
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Jim Cramer Says Flutter Entertainment “Reported What I Call a Mixed Quarter With Soft Revenue”
What do we make of these numbers from Flutter Entertainment, the parent company of FanDuel? After the close, this online ...
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