Workflow
Sports Betting
icon
Search documents
Cathie Wood Unloads DraftKings. NFL Season Prompts This Target Raise.
Investors· 2025-09-05 14:36
Top-Rated Stocks: DraftKings Cl A Sees Composite Rating Climb To 96 BREAKING: U.S. Adds Just 22,000 Jobs In August Sports bettors and fantasy football managers are rejoicing following the 2025 NFL season kick off Thursday night. Data and analytics firm Sportradar received a price target hike on Wednesday ahead of the NFL season open. Cathie Wood and ARK Invest have been selling Genius Sports and sizable portions of their DraftKings holdings. Citizens JMP on Wednesday raised its price target… Related news Ge ...
X @Forbes
Forbes· 2025-09-05 07:20
FanDuel Keeps The Trains Running For Eagles V. Cowboys NFL Kickoff Game https://t.co/SUvrONkrNb https://t.co/Z0NoqL6qHr ...
BetMGM CEO Adam Greenblatt on bullish outlook for the sports betting business
CNBC Television· 2025-09-04 15:47
This is one of the most exciting times of the year for the nation's sports books because they get so much fan enthusiasm and win over a lot of new customers. I'm at the Bank of America Gaming and Lodging Conference in New York City and with me is Bet MGM CEO Adam Greenblat. It's good to see you today. It's always good to see you.What are you expecting when NFL launches and college football of course and genders a lot of excitement. How is this important to your business. So um football as a sport is the big ...
Sportsbook CEOs expect record betting ahead of NFL kickoff
CNBC· 2025-09-04 15:35
DraftKings CEO Jason Robins has never been more enthusiastic about the kickoff to the NFL — sports betting's biggest season.It's second only to the Super Bowl in terms of importance for acquiring customers and growing the overall betting pool, Robins told CNBC at the Bank of America Gaming and Lodging Conference."The numbers just keep going up right into kickoff, and it'll continue through Sunday," Robins said. "We're seeing big numbers, record numbers, and we're really excited about what we're going to see ...
當券商開始下注當博彩平台賣起股票預測合約---關於事件合約的一些學習和思考
Xin Lang Cai Jing· 2025-09-03 01:21
来源:摸啊摸 1,看到關於一篇文章(後附)介紹Robinhood(一家針對散戶的新興券商) 宣布將推出針對大學與職業美式 足球的事件合約; 而FanDuel(一家體育博彩巨頭)將向用戶提供針對金融商品的事件合約,涵蓋股票、 比特幣(BTC-USD)、石油與黃金等。 先看"事件合約"定義:事件合約(Event Contract)是一種金融工具,讓參與者對某個明確事件是否會發 生進行"是 / 否"的預測。特點是: 用戶不需持有任何資產,只需判斷某事件是否會發生,若預測正確則獲得固定報酬,錯誤則損失本金。 2,事件合約和博彩的區別: | 項目 | 事件合約 | 博彩 | | --- | --- | --- | | 本質 | 金融工具,類似期貨或遗擇 | 娛樂性下注,依賴機率與運氣 | | | 權的簡化版 | | | 目的 | 預測市場、風險管理、资訊、 | 娱樂、博弈、赢取獎金 | | | 張台 | | | 參與者 | 投资者、交易者 | 腊客、坑家 | | 監管機構 | 商品期货交易委員會 | 美國各州博彩委員會或博彩局 | | | (CFTC) 等金融監管機構 | | | 市場結構 | 交易所撮合、價格反映機率 ...
Sports betting's biggest season set to kick off: Here's what to know
CNBC Television· 2025-08-29 12:10
The college football season has already started and we are just days away from the NFL kickoff. The return of football means the return of big money flowing into sports betting. Contessa Brewer joins us now with more.It is a fun time of year. I mean, this is gambling's biggest season of the year when they can win more customers than ever. When more gambling is bet than ever, $30 billion the expectation for what Americans will wager this NFL season through legal licensed sports books.That's according to the ...
Cathie Wood Ditches DraftKings Stock Ahead Of NFL Season, Turns To Prediction Markets: 'Could Reshape The Way'
Benzinga· 2025-08-28 17:53
Core Insights - Ark Invest is adjusting its investment strategy in the sports betting market, particularly concerning DraftKings, as it prepares for the upcoming 2025 NFL season [1] Group 1: Ark Invest's Transactions - Throughout August, Ark Invest has been selling shares of DraftKings Inc across three ETFs: ARKK, ARKW, and ARKF, marking the first transactions involving DraftKings stock in months [2] - After these transactions, DraftKings remains a significant holding in the ETFs but at a reduced scale, with DraftKings being the 19th largest position in ARKK (1.4%), 23rd in ARKW (1.5%), and 17th in ARKF (2.2%) [3][8] Group 2: Changing Market Dynamics - Ark Invest has historically been bullish on DraftKings due to its near duopoly in the sports betting sector, but this perspective may be shifting due to the emergence of prediction markets like Kalshi and Polymarket [4][5] - Robinhood's launch of prediction markets for NFL and NCAA Football games could disrupt traditional sports betting models, as these markets function more like tradable financial contracts rather than conventional sports bets [6][7] Group 3: Competitive Landscape - DraftKings operates in 25 states and Washington, D.C., requiring regulatory approval in each state, which adds friction between operators and consumers [7] - Robinhood's model offers lower fees and broader access compared to DraftKings, which typically embeds its margin in the odds, leading to a potential shift in consumer preferences [9] Group 4: Future Outlook - The 2025 NFL season may reveal whether prediction markets will disrupt the sports betting segment or if sportsbooks will need to increase promotional spending to retain customers [9] - Ark Invest's investment in Robinhood positions the firm to capitalize on the growth of cryptocurrency and prediction markets while reducing exposure to DraftKings [10]
X @The Economist
The Economist· 2025-08-28 11:52
Bet on stocks in a prediction market run by a sports-betting firm and a futures exchange https://t.co/dX40V85M5b ...
Goat Industries Announces Non-Binding Letter of Intent to Acquire Gambling Platform
Thenewswire· 2025-08-25 15:40
 Vancouver, British Columbia, Canada – TheNewswire - August 25, 2025 – GOAT Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT) (OTC: BGTTF) (FWB: 26B.F) is pleased to announce that it has entered into a non-binding term sheet (the “Term Sheet”) dated August 25, 2025, to acquire (the “Transaction”) all of the issued and outstanding securities of 1509467 B.C. Ltd. (“1509”) and Vroom, Inc. (“Vroom” and, together with 1509, the “Targets”) from the securityholders of the Targets (the “Vendors”). Business of ...
We might be causing unnecessary harm with our new addiction to gambling, says 'Losing Big' author
CNBC Television· 2025-08-22 11:34
Industry Trends & Partnerships - Robin Hood partnered with Koshi to launch sports betting prediction markets focused on the NFL and college football [1] - FanDuel is partnering with CME Group on events contracts tied to the S&P 500, gold and oil prices, and economic indicators [1] - Prediction markets are providing a backdoor for sports betting in states like California and Texas that do not have legal licensed state sports betting [7] Regulatory Concerns & Public Health - The rapid expansion of gambling in the US over the last seven years, with few guardrails, may be causing unnecessary harm [3][4] - 50% of men between 18 and 49 have a sports betting app, and 60% of high schoolers have gambled within the last year [5] - States are claiming that Koshi and Robin Hood are offering gambling and should be responsive to state gambling regulators, not just the CFTC [9] - The American Gaming Association CEO believes that if it looks like a bet and acts like a bet, then it is a bet and should be regulated [11] Potential Solutions & Industry Self-Regulation - Adding friction to gambling platforms, such as limiting deposits and making withdrawals easier, could help prevent problem gambling [17][18] - The industry could self-regulate, but there is currently no incentive to do so [25] - Industry standards may be more effective than congressional mandates, but the threat of congressional regulation could incentivize self-regulation [26]