DraftKings budgets up to $700m for Predictions as event-contract competition intensifies
DraftKings forecast $650m–$700m of 2026 adjusted-EBITDA investment in its Predictions business, while reporting 16% quarterly revenue growth for the group.
The companies, products and regulatory developments shaping the broker industry.
DraftKings forecast $650m–$700m of 2026 adjusted-EBITDA investment in its Predictions business, while reporting 16% quarterly revenue growth for the group.
Valour listed eight 1.9%-fee SEK-denominated ETP securities on Spotlight on 5 November; holders acquire issuer-linked securities, not directly transferable underlying tokens.
The UAE brokerage group has agreed a community-facing financial-literacy programme with Sharjah Book Authority; its educational commitments are not a licence expansion or new trading product.
The current eligible-location list gives qualifying brokers another acquisition channel. Country permissions, Google certification and restrictions on affiliate destinations still determine who can use it.