CFTC Chairman Michael Selig went on CNBC’s Squawk Box Thursday morning and said what the sportsbook industry has been ...

As federal policymakers grapple with how to regulate predictions markets, DraftKings is going all-in on its predictions ...

DraftKings is acquiring predictions platform Railbird. The sports betting giant is preparing to launch a new platform in the coming months called DraftKings Predictions. Predictions markets allow ...

Editor’s note: “Behind the News” is the product of Sun staff assisted by the Sun’s AI lab, which includes a variety of tools such as Anthropic’s Claude, Perplexity AI, Google Gemini and ChatGPT.

DraftKings (DKNG) shares have tanked recently, on concerns that prediction markets are a competitive threat to sportsbooks. Cathie Wood's Ark Invest ETFs have taken advantage of the recent weakness, ...

DraftKings is entering the red-hot prediction markets business, launching technology that lets users trade contracts linked to sporting and financial events. DraftKings said event contracts will be ...