Consolidation of the prediction market could trigger a wave of mergers and acquisitions in the sports betting sector, according to Bernstein
The rapid consolidation of the prediction market’s technology stack increases the chances of a new wave of mergers and acquisitions in sports betting and financial markets, according to Wall Street broker Bernstein. Over the past eight months, all major consumer-facing prediction platforms have come into ownership of customer distribution and exchange infrastructure, the report said. […]









