Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.
Flutter Entertainment launches FanDuel Predicts, expanding into prediction markets and boosting iGaming growth.
Shares of Flutter ( FLUT) fell 1.7% in premarket trading after shedding 14.3% on Thursday. The sports betting stock trades at its lowest level of the year.
Flutter CEO Peter Jackson told CNBC's Jim Cramer how FanDuel's new predictions platform allows U.S. users to bet on sports outcomes in states where traditional sports betting is illegal. FanDuel and ...