Even as DraftKings and FanDuel chase prediction markets, they’re pouring tens of millions into state politics to protect the sports betting revenue that actually pays their bills. While DraftKings and FanDuel executives have indicated that prediction markets are key to growth, the industry’s largest operators are simultaneously investing heavily in another fight: protecting traditional sports […] The post As Sportsbooks Eye Prediction Markets, They Spend Millions to Protect Sports Betting appeared first on Gambling Insider.
Source: Gambling Insider →