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DraftKings cuts profit outlook as prediction-market investment reaches $700 million
New-customer promotions are expected to erase most 2026 Predictions revenue, even as trading volumes rise and more than 1.6 million customers engage with the product.
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Flutter makes prediction markets a core priority as FanDuel Predicts grows
New chief executive Dan Taylor says the product has only recently become competitive, reaching 140,000 active users in October.
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Polymarket prices a modest Nvidia rebound after October miss
Contracts gave shares a 70% chance of touching $216 in November, but only an 18% chance of returning to October’s $240 high.