Tag: Flutter Entertainment PLC
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Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
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Meta is building a prediction markets app. These stocks are falling in response
The report said that CEO Mark Zuckerberg directed staff to develop a prediction market platform, internally known as “Arena.”
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Novig wins CFTC approval as competition intensifies in sports prediction markets
Novig is building a peer-to-peer sports trading platform that allows users to trade directly against one another rather than bet against the house.
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Here are Tuesday’s biggest analyst calls: Apple, Tesla, Oracle, Palantir, CoreWeave, ExxonMobil, Flutter & more
Here are the biggest calls on Wall Street on Tuesday.
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The 2026 FIFA World Cup could boost this struggling sportsbook owner, Wedbush says
FanDuel owner Flutter Entertainment is likely to see some upside from the FIFA World Cup and further expand its presence in the U.S., per Wedbush Securities.
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The World Cup will likely be the biggest gambling event in history
Global wagers on the 2026 World Cup could top $50 billion, according to Macquarie analyst Chad Beynon. That’s up from more than $35 billion in the 2022 tournament.
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