billbob2312
Oct 9, 2:26 AM
$DKNG DraftKings could eventually generate hundreds of millions of dollars from prediction-market fees and market-making activity, according to Investopedia. Bank of America analysts said they expect about
$400 million in fees in 2027, with another
$200 million to
$400 million potentially coming from market making.
As a result, the investment case that previously dominated worries about the industry has drastically changed.
DraftKings now has a product of its own. This implies that rather than simply displacing customers from the company’s sportsbook, expansion in prediction markets may provide a new source of income.
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