Gambling Stocks Sag as Prediction Markets Steal Super Bowl Bets
Lead On Feb. 8, 2026 (3:00 PM UTC), shares of major gambling companies slipped as the Super Bowl approached and investors weighed a shift in where bettors place stakes. Flutter Entertainment Plc — operator of FanDuel — entered an eight-week slide, its longest stretch of losses in 23 years. Rival DraftKings traded near its lowest … Read more