Location: +United States
Wall Street Bets: Prediction markets, digital gaming, RevPAR
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Prediction markets poised for launch Truist... more
Investors remain ‘cautious’ as DraftKings and FanDuel move into sports prediction markets
With DraftKings launching its prediction market app Friday and FanDuel expected to follow soon, a Wall Street analyst said it’s clear that... more
NBA tweaks its injury reporting rules, still wants changes to prop betting
The NBA reminded its teams on Friday that it wants to control which types of bets are offered on its games, an indicator that it will... more
Schwab CEO Rick Wurster draws a ‘bright line’ between investing and gambling
When it comes to encouraging customers to invest for the long haul or live in the fast lane, Rick Wurster says he knows where his brokerage... more
Why Schwab isn’t interested in offering prediction markets [VIDEO]
With Robinhood and Coinbase jumping into prediction markets this year, more financial players have tied their growth to products once... more
Congressman urges Commodity Futures Trading Commission to review Kalshi-CNN deal
Congressman Abe Hamadeh has called on federal regulators to review the partnership between news broadcaster CNN and prediction market... more
Coinbase sues three states over prediction market regulation
Cryptocurrency exchange Coinbase has filed lawsuits against Michigan, Illinois, and Connecticut over their attempts to regulate prediction... more
Kalshi and other prediction markets should scare sports leagues
Adhi Rajaprabhakaran began trading in prediction markets in summer 2020. Then a couple of years out of college, he started with bets on... more
Arizona’s move to revoke Underdog’s DFS license could shape industry
Arizona regulators’ move to revoke Underdog’s daily fantasy sports license in the state due to its prediction market relationship... more
DraftKings launches prediction market without Railbird
A month after cutting ties with the American Gaming Association, DraftKings formally announced the launch of its prediction-market... more


