DraftKings Sees $1.3 Billion in Prediction Market Trading. The Stock Is Soaring.
DraftKings said annualized consumer trading volume on its prediction-markets platform reached $1.3 billion, offering an early sign that its expansion beyond traditional sports betting may be gaining traction.
Kalshi Plans to Require Users Disclose Where They Work to Make Certain Trades
The popular predictions market is putting new guardrails in place for certain bets as concerns rise about suspicious activity.
Intesa Bids $35 Billion for Monte dei Paschi
