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2026-05-12 05:30:30

Draftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim

Draftkings and Flutter Entertainment have both moved into market-making on prediction-market platforms, escalating from consumer-facing products into the financial infrastructure of an industry that built its identity on peer-to-peer trading. The Q1 2026 earnings disclosures establish that the sportsbook industry’s bet on prediction markets has moved well beyond app launches. Sportsbooks Move From Prediction-Market Products

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