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Open original source ↗Given that $DKNG trades at only 3x revenues, the prediction market business is relatively immaterial ($1.50 per share) to $HOOD’s current valuation. Online casinos < Online brokers.
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Nutty stat from Robinhood $HOOD earnings tonight: > Prediction markets now up to $435m in annualized revenue as of Q4; up 3.8x from $115m just a quarter ago https://t.co/lHH15nNOwL
TheOneandOmsy ↗