Tag: DraftKings
DraftKings acquires Railbird Technologies
24 October 2025 at 8:25am UTC-4
DraftKings is moving toward entry in prediction markets, having announced the acquisition of Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, a federally ...
CME Group prepares sports-linked contracts to rival Kalshi and Polymarket
20 October 2025 at 7:15am UTC-4
Chicago-based derivatives exchange CME Group plans to launch financial contracts linked to sports events and economic indicators before the end of the year, competing with ...
Market overreacted to Kalshi’s NFL parlay launch
16 October 2025 at 8:14am UTC-4
The stock market shock after the launch of prediction market Kalshi’s NFL parlay product may have been an overreaction, according to Sportico.
At the end of September, the ...
Prediction-market fears overhyped, analyst says
3 October 2025 at 1:50pm UTC-4
The stock market has a “shoot first, ask later” attitude toward digital-gaming companies, opined J.P. Morgan analyst Daniel Politzer, pointing to the recent 18% plunge in ...
Analyst sticks by DraftKings, despite dip
1 October 2025 at 12:36pm UTC-4
Evidently unconcerned by record levels of Kalshi trading volume around a Monday Night Football doubleheader, one analyst was placing a “Buy” rating on DraftKings. Jefferies ...
DraftKings and NBCUniversal strike multi-year sports advertising deal
30 September 2025 at 5:32am UTC-4
DraftKings has signed a multi-year agreement to become NBCUniversal’s exclusive sports betting and gaming sponsor across the broadcaster’s top sports properties.
The ...
Iowa man asks for judge’s decision in US$14 million DraftKings lawsuit
21 September 2025 at 2:39pm UTC-4
Nicholas Bavas, the Iowa man suing DraftKings for canceling wagers he claims would have paid out US$14 million, has asked a judge to make a decision without it going to full trial ...
Analyst: New Jersey trial a win-win for DraftKings, FanDuel
12 September 2025 at 11:44am UTC-4
Whatever the outcome of a trial in New Jersey, its result favors both DraftKings and FanDuel parent Flutter Entertainment, Jefferies Equity Research analyst David Katz concluded ...
DraftKings boosted by in-play betting, analyst says
9 September 2025 at 5:08pm UTC-4
Jefferies Equity Research analyst David Katz perceived “strengthening trends around in-play betting,” or proposition bets, which he called a positive for DraftKings in ...
Sportsbook chiefs project record NFL betting season
8 September 2025 at 7:32am UTC-4
Sports betting companies DraftKings and BetMGM have reported record activity heading into the NFL kickoff, forecasting it could be the busiest betting season.
Jason Robins ...
