News

BofA Global Research spent this week quietly publishing something that matters a lot for sports betting investors. The firm’s June 11 gaming note argues that the FIFA World Cup, held on U.S. soil for the first time in over 30 years, is more than a seasonal payday for DraftKings (DKNG). It is a ...

(Bloomberg) -- Both US coasts were under heat advisories Friday on the eve of FIFA World Cup matches scheduled in California’s Bay Area, New Jersey and Massachusetts. The biggest weather threat may come Sunday in Philadelphia, where lightning and thunderstorms could disrupt play.Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeSpaceX Shares Close 19% Higher After Historic $75 Billion IPOUS, Iran Edge

In the closing of the recent trading day, DraftKings (DKNG) stood at $29.03, denoting a -3.31% move from the preceding trading day.

Bitcoin (CRYPTO: $BTC) and other cryptocurrencies barely budged over the past trading week as investors and traders...

Check out the companies making headlines this week:

Big markets for Super Group are all in on the World Cup, including South Africa, Germany, the U.K. and Spain.

The FIFA World Cup 2026 promises an economic boost to the U.S. as a host. Here are the sectors that stand to benefit from the beautiful game.

Flutter said it will delist its shares from the London Stock Exchange.

Market Catalysts host Julie Hyman breaks down today's trending tickers, including Intel (INTC), which jumped after receiving a rare double upgrade to buy from Bank of America (BAC). Meanwhile, DraftKings (DKNG) is also moving higher after analysts named it the "clearest winner" in sports betting as the 2026 FIFA World Cup kicks off today, June 11, setting the stage for a potential surge in wagering activity.

DraftKings shares rose to the $28–$29 range after a June 9 SEC filing revealed $3.1 billion in annualized volume for its Predictions platform, up 34% from April.

Polymarket has signed an exclusive partnership with Liga MX, the most popular soccer league in North America, furthering the prediction market’s presence in international soccer ahead of the 2026 FIFA World Cup. The companies will announce the deal on Thursday. “Polymarket is at a real growth inflection point and the biggest global sporting event is happening simultaneously,” says Ari Borod, the firm’s president of sports business development. Liga MX is dominant in North American soccer, both by talent and TV ratings.

JPMorgan said while DraftKings’ May operational data highlighted progress, it was not an indicator of near-term upside.

CFTC moves to formalize prediction market oversight. Rule could reshape the battle between prediction markets and sportsbooks. Federal versus state authority remains unresolved. A proposal ...

Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 5.7% in the afternoon session after the company disclosed significant growth in its Predictions platform for the month of May.

Prediction markets logged record volumes in May, with leader Kalshi growing its market share, though

Yesterday's double-digit stock surge wasn't about sports, but about a brand new bet the company is making.

The new prediction market rules would permit federally-regulated event contracts tied to the outcome of sporting events and individual player performance.

Morningstar analyst Dan Wasiolek reiterated that DraftKings’ predictions business will add to its overall sales rather than cannibalize its traditional sports business.

DraftKings' underlying business continues to show strength. Moreover, the emerging Predictions platform could help accelerate growth.

The biggest soccer tournament is just days away and potential winners among betting stocks may surprise some investors.

DraftKings shares rally on accelerating momentum in its Prediction Markets business. Morgan Stanley recommends buying DKNG stock at current levels.

Sports-betting firm DraftKings (NASDAQ: $DKNG) says that prediction market betting on its platform has reached $1.3...

Big banks face pressure to disclose plan on AI risks, Rivian’s cheaper EV model is here, Warner Bros. stock offers unusual takeover arbitrage spread, and more news to start your day.

Investors reassessed the growth potential of a segment that is viewed as a meaningful contributor to future revenue.

The company released strong numbers two days before the 2026 FIFA World Cup, which is being held in the United States, Canada, and Mexico.

DKNG is seeing triple its intraday average call volume

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.

The SpaceX IPO is here, Apple’s second chance on AI plans, Iran war’s next 100 days, and more news to start your day.

DraftKings (DKNG) is drawing fresh interest after committing heavily to prediction markets, filing event contract templates for its DKeX exchange and rolling out a unified super app to pull these efforts under one roof. See our latest analysis for DraftKings. Recent prediction market headlines land at a time when DraftKings' 1 month share price return of 4.22% contrasts with a year to date share price decline of 30.09% and a 1 year total shareholder return decline of 30.38%, signaling that...

DraftKings Inc. (NASDAQ:DKNG) is one of the 10 best large cap stocks under $30 with highest upside potential. On May 21, following a comprehensive credit card data review of approximately 9 million users, Morgan Stanley updated its stance on the digital gaming sector. Analyst Stephen Grambling stated that the data shows very little transaction overlap […]