Polymarket Taking Bets on Possible DraftKings Prediction Markets Acquisition (Casino.org)

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Polymarket has a market on DraftKings potentially buying Railbird It calls for traders to wager on a deal being announced or not by October 31 DraftKings (NASDAQ: DKNG) is feeling prediction markets heat and Polymarket knows it. So much so that the latter has a market on when the gaming company could make a related acquisition. A Polymarket logo. The exchange is offering a bet on a possible DraftKings acquisition. (Image: Wikipedia) Polymarket clients have the opportunity to bet on DraftKings potentially acquiring Railbird Exchange — a smaller prediction markets player. Rumors to that effect surfaced in July, and Polymarket has offered yes/no contracts since July 15 — the day after media reports appeared — on a deal occurring by October 31, but no transaction has been agreed to as of yet. This market will resolve to ‘Yes’ if it is announced that Railbird will be, has been, or is being acquired by or merged with DraftKings (DraftKings Inc.) by…Read MoreCategory: Financial, Mergers and Acquisitions, Rumors, mergers and acquisitions, rumorsSource: Casino.org

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