Flutter Entertainment plc Ordinary Shares (FLUT)

Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.

Flutter (FLUT) Q3 2025 Earnings Call Transcript

Nevada is one of the five U.S. states that have told gambling operators they are in danger of losing their licenses if they expand into prediction markets.

Shares of sports-focused firms declined on Wednesday, November 12. after-hours session following a New York State bill seeking to ban sports-related prediction markets for residents.

Here's a look at the Q3 earnings report from Flutter Entertainment.

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

DraftKings is likely to highlight its prediction market moves alongside Q3 results Thursday. Analysts and investors could also ask about the overall prediction market sector growth.

The rise of prediction markets could lower market share and growth for sports betting stocks. An analyst downgraded both DraftKings and Flutter.

A competitive threat shouldn't slow down this industry leader's growth.

Investors have lost confidence in this company, but for reasons that aren't going to last.

Interest in prediction markets, a space that also includes front-runner Kalshi, is soaring.

The NHL’s multiyear licensing deals with Kalshi and Polymarket are set to be announced on Wednesday, according to the Wall Street Journal.

DraftKings on Tuesday announced the acquisition of Railbird, an exchange for trading event-based contracts.

Shares rise over 4% in after-hours trading; they have declined over 9% year-to-date.

Benchmark said it views the share pullback as one that presents a highly attractive entry point in what remains the global leader in digital gaming.

DraftKings stock has fallen over the past month on concerns of the rising competition from prediction markets.

According to a Bloomberg News report, citing a company spokesperson, with backing from Sequoia Capital and Andreessen Horowitz, Kalshi has raised over $300 million in this new investment round.