Prediction Markets Disrupt Gaming Stocks: Legacy Companies Bet on Prior Ties
Schwab Network · Schwab Network
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Show Notes
Kalshi, Polymarket, and other emerging prediction markets sent shockwaves through more traditional platforms like DraftKings (DKNG) and Flutter (FLUT). CFRA's Zachary Warring believes "the future is bright" for traditional companies. He highlights ties they have to media outlets and sports partnerships offering a stronger, established foundation.
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