Financial regulators and trader communities have flagged a new concern: DraftKings, Flutter stocks jump on report that lawmakers plan to keep sports betting out of prediction markets. This report, based on information published on March 24, 2026, contains details every retail forex trader must know to protect their capital.
What You Need to Know
Here are the key details from this alert:
- DraftKings, Flutter stocks jump on report that lawmakers plan to keep sports betting out of prediction markets Grace O’Donnell · Editor, Special Projects Mon, March 23, 2026 at 11:08 PM GMT+8 2 min re
- PVT DraftKings ( DKNG ) and FanDuel parent Flutter ( FLUT ) stocks jumped on Monday morning on the prospect of new legislation that could curb sports betting competition from prediction markets
- The gaming stocks rose more than 4% after the Wall Street Journal reported that a pair of senators plan to introduce legislation on Monday that would ban prediction market operators from listing event
- John Curtis, a Republican from Utah, are co-sponsoring the bill, which seeks to regulate prediction market entities, such as Kalshi and Polymarket
- The bill would prevent them from listing contracts for sporting events and “casino-style games” such as video poker, blackjack, and bingo
- (Disclosure: Yahoo Finance has a partnership with Polymarket
- Source: DraftKings, Flutter stocks jump on report that lawmakers plan to keep sports bet
Key Warning Signs from This Alert
- Unregulated or offshore broker operations
- Withdrawal restrictions and unexplained account freezes
- Guaranteed profit claims violating basic market principles
- Pressure tactics and urgency-based sales pitches
How to Verify a Forex Broker
Always confirm regulation directly on FCA (register.fca.org.uk), ASIC (asic.gov.au), CySEC (cysec.gov.cy), or MAS (mas.gov.sg) registers before depositing. Cross-check broker names on ScamBrokersReview and ForexTradingScam.com.
Frequently Asked Questions
Is this news verified?
This report is based on information from external sources identified through our news monitoring system. We recommend verifying directly with primary sources and official regulators before making any financial decisions.
Where can I report financial fraud?
Report to your national financial regulator: FCA (UK), ASIC (Australia), SEC/CFTC (USA), MAS (Singapore), OJK (Indonesia). Also report at Action Fraud (UK) or ScamWatch (Australia).
Published by Scambrokersreview on March 24, 2026. Source: DraftKings, Flutter stocks jump on report that lawmakers pla
