Draftkings CEO Says Prediction Market Wins Are Sinking His Own Stock
At a Tuesday industry event, Jason Robins used harsh language to dismiss a Fortune report on a $30 million marketing deal with a departing cofounder as a “total hit piece.” He also described something as an unusual economic mechanic: a share price that falls when prediction markets win and rises when courts rule against them. […]
Key Takeaways
- At a Tuesday industry event, Jason Robins used harsh language to dismiss a Fortune report on a $30 million marketing deal with a departing cofounder as a “total hit piece.” He also described something as an unusual economic mechanic: a share price that falls when prediction markets win and rises when courts rule against them.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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