Tag: Flutter Entertainment PLC
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NBA tightens betting rules, develops AI to flag suspicious wagers
The NBA is tightening restrictions on bets and deploying AI to help identify suspicious wagering, according to two documents obtained by CNBC.
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How event contract bundles are boosting volume on prediction markets
Combo contracts are driving volume growth even as they make up a small, albeit consistent, share of transactions.
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JPMorgan says buy this sports data stock that looks cheap
The investment bank initiated coverage of the sports data and technology stock with an overweight rating.
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DraftKings CEO doesn’t know why his stock loves bad prediction market news. Wall Street says it’s rational
Analysts and investors view the stock response as reasonable for one reason.
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FanDuel’s turnaround is taking time. Think twice before scooping up shares of its owner, Rothschild & Co says
FanDuel has lowered its guidance four times in a row, making one Rothschild & Co. less enthusiastic about the stock for now.
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Sportsbooks remain king this football season, but upstarts are making a run for the money
“Prediction markets are growing the overall market — at least for now,” said Chris Grove, partner emeritus at Eilers & Krejcik Gaming.
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Sports betting is everywhere now—here are the rules bettors might not realize they’re breaking
Sports podcaster Bill Simmons recently had wagers voided after breaking a sportsbook rule he said he didn’t know about.
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New Jersey asks the Supreme Court to take on prediction markets
The petition comes after a key ruling from the 9th U.S. Circuit Court of Appeals on sports-event contracts.
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U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April.
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Prediction markets and sports betting: How this UK exchange is trying to do both in the U.S.
Smarkets is entering the U.S. prediction market race but also applying to run as a sportsbook within states amid regulatory uncertainty at the federal level.
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