DraftKings, Flutter Look to Jump Into Prediction Markets -- Market Talk

Dow Jones

Jul 16

1302 ET - Sports-betting platforms want more skin in prediction markets. DraftKings and Flutter are actively preparing potential prediction market offerings in states where regular sports betting isn't legal or is highly taxed, Oppenheimer analyst Jed Kelly says. While the platforms are focused on sports contracts now, Kelly believes DraftKings and Flutter could eventually offer geopolitical event contracts on their platforms. Purchasing a prediction markets operator, rather than working with a third party, would help fast-track the companies' license approval process with the Commodity Futures Trading Commission, while providing an opportunity to leverage odds and risk management and accelerate product iterations, Kelly says. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

July 15, 2025 13:02 ET (17:02 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2551996431"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2551996431\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2551996431?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-16 01:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2551996431","market":"hk","top_or_hot":-1,"title":"DraftKings, Flutter Look to Jump Into Prediction Markets -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1302 ET - Sports-betting platforms want more skin in prediction markets. DraftKings and Flutter are actively preparing potential prediction market offerings in states where regular sports betting isn't legal or is highly taxed, <a href=\"https://laohu8.com/S/OPY\">Oppenheimer</a> analyst Jed <a href=\"https://laohu8.com/S/KELYA\">Kelly</a> says. While the platforms are focused on sports contracts now, <a href=\"https://laohu8.com/S/KELYB\">Kelly</a> believes DraftKings and Flutter could eventually offer geopolitical event contracts on their platforms. Purchasing a prediction markets operator, rather than working with a third party, would help fast-track the companies' license approval process with the Commodity Futures Trading Commission, while providing an opportunity to leverage odds and risk management and accelerate product iterations, Kelly says. (katherine.hamilton@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2025 13:02 ET (17:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings, Flutter Look to Jump Into Prediction Markets -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings, Flutter Look to Jump Into Prediction Markets -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-16 01:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1302 ET - Sports-betting platforms want more skin in prediction markets. DraftKings and Flutter are actively preparing potential prediction market offerings in states where regular sports betting isn't legal or is highly taxed, <a href=\"https://laohu8.com/S/OPY\">Oppenheimer</a> analyst Jed <a href=\"https://laohu8.com/S/KELYA\">Kelly</a> says. While the platforms are focused on sports contracts now, <a href=\"https://laohu8.com/S/KELYB\">Kelly</a> believes DraftKings and Flutter could eventually offer geopolitical event contracts on their platforms. Purchasing a prediction markets operator, rather than working with a third party, would help fast-track the companies' license approval process with the Commodity Futures Trading Commission, while providing an opportunity to leverage odds and risk management and accelerate product iterations, Kelly says. (katherine.hamilton@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2025 13:02 ET (17:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DKNG","symbol_name":"DraftKings Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551996431","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551996431","pubTimestamp":1752598920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1302 ET - Sports-betting platforms want more skin in prediction markets. DraftKings and Flutter are actively preparing potential prediction market offerings in states where regular sports betting isn't legal or is highly taxed, Oppenheimer analyst Jed Kelly says. While the platforms are focused on sports contracts now, Kelly believes DraftKings and Flutter could eventually offer geopolitical event contracts on their platforms. Purchasing a prediction markets operator, rather than working with a third party, would help fast-track the companies' license approval process with the Commodity Futures Trading Commission, while providing an opportunity to leverage odds and risk management and accelerate product iterations, Kelly says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DKNG":"DraftKings Inc.","LU0575583348.USD":"SCHRODER ISF UK EQUITY \"A\" (USD) INC AV","LU1861558580.USD":"日兴方舟颠覆性创新基金B","SGXZ81514606.USD":"大华环球创新基金A Acc USD","FLUT":"Flutter Entertainment PLC","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","BK4588":"碎股","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","BK4150":"赌场与赌博","LU1015430645.USD":"SCHRODER ISF UK EQUITY \"A\" (USDHDG) ACC","BK4585":"ETF&股票定投概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","BK4565":"NFT概念"},"translate_title":"DraftKings、Flutter希望进军预测市场——Market Talk","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKNG":0.9,"FLUT":0.9},"content_text":"1302 ET - Sports-betting platforms want more skin in prediction markets. DraftKings and Flutter are actively preparing potential prediction market offerings in states where regular sports betting isn't legal or is highly taxed, Oppenheimer analyst Jed Kelly says. While the platforms are focused on sports contracts now, Kelly believes DraftKings and Flutter could eventually offer geopolitical event contracts on their platforms. Purchasing a prediction markets operator, rather than working with a third party, would help fast-track the companies' license approval process with the Commodity Futures Trading Commission, while providing an opportunity to leverage odds and risk management and accelerate product iterations, Kelly says. (katherine.hamilton@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2025 13:02 ET (17:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}