Analyst Questions DraftKings Predict’s Midterm Election Pricing
In a DraftKings-sponsored Action Network episode, Kyle Hunter argues that some midterm election contracts undervalue Democratic prospects, while favoring Greg Abbott in Texas.
Bonus News Team
Posts by Bonus News Team
Maryland Sports Betting Revenue Falls 20% Despite $652.2M Handle
Maryland’s September betting handle rose just 0.2% year over year, while sportsbook revenue dropped 20% to $58.5 million.
Trader Bets Nearly $15K on Anthropic IPO by Nov. 30
A nearly $15,000 position backs an Anthropic IPO by Nov. 30, but the Polymarket contract requires public trading to begin before its deadline.
Kalshi Trump Administration Exit Market Draws Over $8 Million
Ric Grenell leads the reported Kalshi pricing on Trump administration departures at 58%, while a separate market puts Pete Hegseth's exit before February 2027 at 62%.
DraftKings Invites Reporter Posing as Problem Gambler to VIP Program
ProPublica reporter Jake Pearson tested DraftKings and FanDuel for 10 weeks while posing as a problem gambler. Despite losing thousands of dollars, he received a DraftKings VIP invitation.
Gambling Industry-Backed PACs Spend Nearly $8.3M on New York Elections
FanDuel and DraftKings-backed political spending is mounting in New York, where online casino legislation stalled earlier this year and new sportsbook safeguards await a vote.