FanDuel Owner Flutter Is Making Money From Prediction Markets as a Market Maker (opens in new tab)

Flutter Entertainment has confirmed it is already making money from prediction markets as a market maker rather than a platform operator. That positioning separates it from the retail-facing exchanges competing for the same users.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)During a recent earnings call, Flutter CEO Peter Jackson addressed investor concerns that prediction markets like Kalshi and Polymarket are eating into the $14 billion U.S. sports be...