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FanDuel (FLTR) and other sports betting operators are market making on Kalshi, reports Barrons

StockNow breaking-news AI analysis

Barron's reported FanDuel and other sports betting operators act as market makers on Kalshi amid surging prediction market wagering and ongoing regulatory review.

News detail

In its Q1 earnings report, FanDuel-parent Flutter announced that it was market making "on a major, third-party prediction market platform.” That platform is Kalshi, according to a person familiar with the matter.

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