Can These 3 Companies Turn the Prediction Market Sector Into Serious Profit?

Can These 3 Companies Turn the Prediction Market Sector Into Serious Profit?

After parlaying success with daily fantasy contests into success as a sportsbook operator, DraftKings could pull off a similar gambit with its game plan for entering the prediction markets. Flutter Entertainment has a similar plan up its sleeve, with its ongoing launch of FanDuel Predicts. Prediction markets could prove to be the next great frontier … Read more

Robinhood seeks more bank credit ahead of planned IPO

Robinhood seeks more bank credit ahead of planned IPO

By Matthew Monks and Michelle F. Davis Robinhood Markets Inc. is seeking to boost its bank loans ahead of an initial public offering, according to people familiar with the matter. The company, which pitches its trading platform to novice investors, has been holding talks with lenders about adding to its revolving credit lines, said the … Read more