Flutter told Barron’s last week that it expects to manage 100,000 bets per minute at peak times during the World Cup.
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Nasdaq and Cboe are introducing binary bets on financial market events, capitalizing on the success of Kalshi and Polymarket.
Several funds expected to launch this week are on hold after the agency asked for more information about the proposed products.
Polymarket users have a 52% rate of winning long-shot wagers on military actions, a nonprofit research group recently found.