DraftKings CEO Jason Robins says that despite how some prediction markets pitch their products, they're more peer-to-Wall Street than peer-to-peer.

DraftKings CEO Jason Robins objects to Kalshi traders betting on earnings call content while DraftKings invests $200M-$300M in its own

Recent quarterly reports from DraftKings, Flutter Entertainment and others offer a view into prediction markets businesses and their performance.