MORNING MINUTE: DRAFTKINGS BETS BIG ON PREDICTION MARKETS
https://s.yimg.com/ny/api/res/1.2/hyLEEElZKXUo1JXS2VnmYg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/decrypt_157/ebcdb81f1e8eb8876d2392e3a087bc27
✍️ DraftKings acquires Railbird, a CFTC-regulated prediction market exchange, to launch a standalone events trading app called DraftKings Predictions.
👉 DraftKings acquires Railbird Technologies, a CFTC-regulated prediction market exchange 👉 Launches standalone events trading app called DraftKings Predictions 👉 App will allow users to trade real-money contracts on real-world outcomes 👉 Initially covers non-sports markets, such as finance, pop culture, elections, entertainment, and news 👉 Later expands to sports markets
-- #TylerWarner #JasonRobins #Rippe #ShayBoloor #UnitedStates #California #Texas #business
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