DraftKings and Flutter Stocks Are Falling. 2 Threats That Could Be Bigger Than Prediction Markets.

Prediction markets have put a squeeze on betting firms, but they might have bigger issues to worry about.. BofA Securities downgraded DraftKings and Flutter.

Taxes and concerns over structural hold leads BofA to downgrade Flutter and DraftKings

Shares of Flutter Entertainment ( FLUT) and DraftKings ( DKNG) are both adding to Monday’s losses after BofA Securities ...