DraftKings considering variety of prediction market avenues, news could soon emerge, says Jefferies analyst State regulators loom large in that equation With DraftKings (NASDAQ: DKNG) stock down 16% over the past week and September hold likely to disappoint amid a spate of NFL outcomes that benefited bettors, investors are understandably pensive about what’s next for the battered gaming equity. DraftKings has a variety of prediction markets options, says a Jefferies analyst. (Image: Shutterstock) Regarding the emerging competitive threat from Kalshi and other prediction markets, there’s a sense among sell-side analysts that those fears are overblown as they relate to sports betting stocks, but investors are looking for responses from the likes of DraftKings, particularly as Kalshi fine tunes its football parlay menu. What DKNG is doing to prepare for entry into prediction markets; our impression is that a range of strategies are under consideration that could manifest in the immediate term should regulatory bodies at the state level permit,” observes…Read MoreCategory: Financial, Sports Betting, sports bettingSource: Casino.org