Prediction Markets Growth Isn't Cannibalizing Sports Betting -- Market Talk

Dow Jones01-09

1412 ET - Prediction markets' growth over the past year still isn't taking too much business away from the main sports-betting companies, Citizens analyst Jordan Bender says. Bender estimates about 5% of the legal sports-betting handle is going into prediction markets. That isn't a major dent for DraftKings and Flutter's FanDuel, which are also offering their own prediction market products, Bender says. "One bad Monday Night Football game could have the same negative result on EBITDA as the total impact the prediction market space is currently having on the sector," Bender says. Sports betting operators without a prediction markets platform might fare a bit worse, he says. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

January 08, 2026 14:12 ET (19:12 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2602397375?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-09 03:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2602397375","market":"sg","top_or_hot":-1,"title":"Prediction Markets Growth Isn't Cannibalizing Sports Betting -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1412 ET - Prediction markets' growth over the past year still isn't taking too much business away from the main sports-betting companies, Citizens analyst Jordan Bender says. Bender estimates about 5% of the legal sports-betting handle is going into prediction markets. That isn't a major dent for DraftKings and Flutter's FanDuel, which are also offering their own prediction market products, Bender says. \"One bad Monday Night Football game could have the same negative result on EBITDA as the total impact the prediction market space is currently having on the sector,\" Bender says. Sports betting operators without a prediction markets platform might fare a bit worse, he says. (katherine.hamilton@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2026 14:12 ET (19:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction Markets Growth Isn't Cannibalizing Sports Betting -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrediction Markets Growth Isn't Cannibalizing Sports Betting -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-09 03:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1412 ET - Prediction markets' growth over the past year still isn't taking too much business away from the main sports-betting companies, Citizens analyst Jordan Bender says. Bender estimates about 5% of the legal sports-betting handle is going into prediction markets. That isn't a major dent for DraftKings and Flutter's FanDuel, which are also offering their own prediction market products, Bender says. \"One bad Monday Night Football game could have the same negative result on EBITDA as the total impact the prediction market space is currently having on the sector,\" Bender says. Sports betting operators without a prediction markets platform might fare a bit worse, he says. (katherine.hamilton@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2026 14:12 ET (19:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2602397375","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602397375","pubTimestamp":1767899520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1412 ET - Prediction markets' growth over the past year still isn't taking too much business away from the main sports-betting companies, Citizens analyst Jordan Bender says. Bender estimates about 5% of the legal sports-betting handle is going into prediction markets. That isn't a major dent for DraftKings and Flutter's FanDuel, which are also offering their own prediction market products, Bender says. \"One bad Monday Night Football game could have the same negative result on EBITDA as the total impact the prediction market space is currently having on the sector,\" Bender says. Sports betting operators without a prediction markets platform might fare a bit worse, he says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","LU0240877869.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" ACC","LU1015430645.USD":"SCHRODER ISF UK EQUITY \"A\" (USDHDG) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4565":"NFT概念","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","FLUT":"Flutter Entertainment PLC","DKNG":"DraftKings Inc.","SGXZ81514606.USD":"大华环球创新基金A Acc USD","BK4588":"碎股","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU0240878834.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" (USD) INC AV","LU0575583348.USD":"SCHRODER ISF UK EQUITY \"A\" (USD) INC AV","BK4150":"赌场与赌博"},"translate_title":"预测市场增长不会蚕食体育博彩——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKNG":0.9,"FLUT":0.9},"content_text":"1412 ET - Prediction markets' growth over the past year still isn't taking too much business away from the main sports-betting companies, Citizens analyst Jordan Bender says. Bender estimates about 5% of the legal sports-betting handle is going into prediction markets. That isn't a major dent for DraftKings and Flutter's FanDuel, which are also offering their own prediction market products, Bender says. \"One bad Monday Night Football game could have the same negative result on EBITDA as the total impact the prediction market space is currently having on the sector,\" Bender says. Sports betting operators without a prediction markets platform might fare a bit worse, he says. (katherine.hamilton@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  January 08, 2026 14:12 ET (19:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2602397375","isCrawlerRequest":true}