Prediction market Polymarket is preparing to return to the U.S. with a focus on sports betting in the coming weeks, people familiar with the matter told Bloomberg’s Katherine Doherty, Kate Clark and Lydia Beyoud. Initial trading is likely by the end of November, but won’t be broadly available to everyone, said some of the sources.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Trump Media to make prediction markets available on Truth Social
- AMZN, BABA, NTLA, XYZ: Cathie Wood Loads Up on Intellia, Block, Amazon & Alibaba, Cuts Stake in Shopify and Other Growth Stocks
- Cathie Wood’s ARK Investment buys 269K shares of DraftKings today
- Moderately bullish activity in DraftKings with shares up 0.47%
- DraftKings price target lowered to $50 from $51 at Stifel
