The betting stock is mired in a lengthy slump. It's become a battleground of prediction market concern and football wagering woes. A case can be made the repudiation of DraftKings has been too harsh.

DraftKings announced last week it would offer sports event contracts, becoming the first major U.S. sportsbook operator to announce plans to run such a platform at a time when prediction markets are ...

DraftKings is downgraded to "Hold" due to intensifying competition and operational setbacks. Prediction markets are rapidly gaining traction, pressuring DKNG's margins and forcing costly new ...