DraftKings Slashes Earnings Guidance to Fund Prediction Market Push
The sports-betting firm reduces financial outlook while investing heavily to compete with rivals Kalshi and Polymarket in the prediction market sector.
Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made
The odds
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 1% |
| 6 Nov, 10:49 UTC | 1% |
| 4 Nov, 21:16 UTC | 12% |
Replay the odds, article by article
Step through each article in the order it published and watch Above 9% respond.
The story so far
3 publishers have covered this in 3 articles since 6 Nov 2026. News Feed published first, on 6 November at 10:46 UTC; MarketWatch followed 7h 05m later. The most recent article, from Bloomberg Technology, appeared on 6 November at 17:58 UTC.
Outlets reporting it: News Feed (major outlet), Bloomberg Technology (major outlet), MarketWatch.
One prediction market prices this story:
- Above 9% — resolved “No” on 6 Nov 2026.
Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.
How it unfolded
Every source in the order it published, with the odds on Above 9% at that moment. A dash means the source published before we started tracking prices.
- News FeedDraftKings slashes earnings guidance as it bets on new prediction market business12%
- MarketWatchDraftKings’ expensive bet on prediction markets is crushing its stock1%▼11 points since the previous source
- Bloomberg TechnologyInvesting in Prediction Markets Will Pay Off, DraftKings CEO Says1%
- Market resolved: No
Sources
Every article we clustered into this story. Headlines link to the publisher.
Related prediction markets
Linked by software because they are about the same subject. Most ask a different question from the one this story reports, so read each market's own question. How often the link is right
- Resolved Above 9% No 8h ago
The market favoured No at 99% a day out, and it won. How often it's right
Wrong market?
In this story
- DraftKings
- Kalshi
- Polymarket