Bernstein·2026-11-02SectorOutperform$29 → $27▼U.S. Entertainment: DraftKings & Flutter,Cleaner path from notional prediction market volume to P&L, but can it outweigh a decelerating core?
Bernstein·2026-09-22ThematicOutperform$29Prediction Markets A Primer on prediction markets: Sportsbook or exchange? A new financial markets primitive with a $10Tn TAM