# DraftKings’ expensive bet on prediction markets is crushing its stock

- Source: MarketWatch Top Stories
- Published: 2026-11-06T17:51:00+00:00
- Category: Markets
- Original: https://www.marketwatch.com/story/draftkings-expensive-bet-on-prediction-markets-is-crushing-its-stock-277bee0d?mod=mw_rss_topstories
- Canonical: https://groundlevelnews.com/story/draftkings-expensive-bet-on-prediction-markets-is-crushing-its-stock-ad5f06/

Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition.

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