DraftKings Inc. is downgraded to a Hold due to intensifying competition and operational setbacks. Learn more about DKNG stock ...

Prediction markets now surpass meme coins and NFTs in trading volume as utility-driven crypto trends take the spotlight.

For years, prediction market founders and their backers have operated on a simple assumption: Register as a federally regulated designated contract market, plug into the Commodity Exchange Act, and ...

DraftKings announced last week it would offer sports event contracts, becoming the first major U.S. sportsbook operator to announce plans to run such a platform at a time when prediction markets are ...