EconomyDraftKings sharply cuts earnings guidance as it bets on prediction markets
The sports-betting company is spending heavily on a new prediction-market business as it tries to catch up with Kalshi and Polymarket, while sharply lowering its earnings guidance.
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Financial Times★★☆☆☆2026-11-06 10:46Original
DraftKings sharply cuts earnings guidance as it bets on prediction markets