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DraftKings and Flutter slide after Kalshi stuns the sports betting sector with huge trading volume
Prediction platform Kalshi is creating some major waves in the sports betting sector. The company set a new trading record on Saturday of over $260 million before topping that on Sunday with a tally ...
Shares in Paddy Power owner Flutter and other listed UK bookmakers fell sharply on Monday on concerns that the British government could raise taxes on gaming companies in this month’s budget. Entain, ...
Shares of DraftKings (DKNG) and Flutter Entertainment (FLUT) are under pressure on Tuesday following the news of IntercontinentalExchange’s (ICE) $2B investment in Polymarket, a crypto-based betting ...
The parent company of Australia’s largest bookmaker, Sportsbet, has warned its local offshoot will continue to lose money after revealing a 27 per cent decline in earnings for the last financial year.
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