FanDuel plans heavier football-season spending as Flutter points to rebound
Flutter Entertainment says FanDuel expects business to rebound as football season nears, even as the operator plans heavier near-term spending to defend its market position.
Tyler Andrews
Posts by Tyler Andrews
DraftKings reports Q2 loss as revenue dips and costs climb
DraftKings swung to a Q2 2026 loss as revenue slipped year over year and higher marketing, product, and administrative costs pushed the operator into the red.
Trump Media ends Crypto.com-linked CRO venture and scales back prediction markets plan
Trump Media has pulled out of a planned Cronos treasury venture with Crypto.com and Yorkville, while also replacing its Truth Predict rollout with a marketing arrangement for Crypto.com prediction products.
DraftKings CEO says prediction markets are more ‘peer-to-Wall Street’ than peer-to-peer
DraftKings CEO Jason Robins said prediction markets should not be sold to consumers as simple peer-to-peer products, arguing that professional traders and market makers usually have the edge over retail users.
DraftKings, FanDuel Say Prediction Markets Aren’t Hurting Sportsbooks Much Yet
DraftKings and FanDuel told investors that prediction markets are having limited impact on their core sportsbook operations for now, even as analysts debate whether that pressure could increase.
California Native Scott Brannon Sentenced in Illegal Costa Rica Gambling Case, Forfeits $25M
Scott Brannon was sentenced to one year of probation, including six months of home confinement, and agreed to forfeit $25 million after pleading guilty to operating an illegal gambling business tied to Costa Rica.
