Flutter & DraftKings – The Betting Giants Fully Rely on Prediction Markets for the World Cup!
Reading Time: 3 minutes
New CFTC Rules on Prediction Markets shift the mood at Flutter and DraftKings from Doom to Boom. For the World Cup, Flutter expects up to 100,000 bets per minute, and DraftKings' prediction volume jumps 24% to $1.3 billion. From Doom to Boom Narrative For a long time, US sports betting has been viewed as a fading model – now the mood is changing. The catalyst is the CFTC, which proposed new rules on Wednesday: Federally regulated event contracts on game outcomes and player performances will be allowed, while bets on injuries, referee decisions,...
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