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NBA restricts player betting markets for authorised operators

Deals & M&A

The NBA has told authorised betting operators, including DraftKings and FanDuel, to stop offering several player and game markets, according to reports. The restrictions include bets on the opening tip, certain missed shots and unders on player statistics where a player is expected to play fewer than 12 minutes; they follow federal investigations involving current and former players.

A person using a smartphone and a notebook in a dimly lit environment.

Operators serving NBA markets must remove specified bet types under the league's new restrictions.

End-of-day close DraftKings (DKNG), USD, to 4 November 2026
Story date8 September 20264 November 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 June 2026

Revenue
USD 1.44bn10-Q filing 0001883685-26-000029
Operating income
−USD 68.2m10-Q filing 0001883685-26-000029

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Deals & M&A

Flutter weighs FanDuel prediction market spending and profit potential

Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.

Dan Taylor, Flutter's chief executive, told the third-quarter earnings call on 4 November that the coming months should sharpen the company's view of how its prediction market business makes money. At issue is whether FanDuel Predicts can turn a profit by itself, or can only help recruit customers in states that could later permit online sports betting.

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