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    DraftKings reports encouraging Q1 amid optimism on predictions and market making expansion

    DraftKings reports encouraging Q1 amid optimism on predictions and market making expansion

    DraftKings reported strong Q1 results and expressed optimism about its future in the predictions market, aiming for a top three position despite intense competition. The company also anticipates expansion into market making to further grow its business.

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    Bookies slash or suspend Manchester City relegation odds after guilty verdicts

    Bookies slash or suspend Manchester City relegation odds after guilty verdicts

    Following Manchester City's guilty verdict on 114 financial regulation breaches, major bookmakers in the UK have either suspended or significantly adjusted their Premier League relegation markets. Operators like William Hill, bet365, Paddy Power, and Sky Bet swiftly reacted to the news. This move reflects the significant perceived risk of potential penalties, despite an expected appeal process.