Flutter Stock Climbs As Bill Targets Sports Contracts On Prediction Platforms

Flutter stock is charging ahead with explosive momentum. Why is FLUT stock up today?Bipartisan Bill Targets Sports Betting On Prediction MarketsAccording to The Wall Street Journal, a bipartisan group of senators is introducing legislation to prohibit entities regulated by the CFTC, including prediction-market platforms such as Kalshi and Polymarket's U.S. platform, from listing contracts tied to sporting events.Sen. Adam Schiff said the bill aims to eliminate what he described as a "backdoor" that violates ...