When Will Nikki Haley Drop Out Of 2024 Election? Crypto Bettors Debating Before Or After South Carolina Primary
Portfolio Pulse from Chris Katje
The GOP nomination race for the 2024 presidential election is currently between Donald Trump and Nikki Haley. Trump has won the first two states, Iowa and New Hampshire, while Haley remains in the race. Crypto bettors on Polymarket are wagering on whether Haley will drop out before the South Carolina primary. The betting market has $62,000 wagered with odds implying a 42% chance that Haley will drop out before the primary. Meanwhile, DraftKings Inc. CEO hopes for political betting to be legalized in the U.S., as the company offers betting on the 2024 presidential election in Canada.
January 25, 2024 | 11:40 pm
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DraftKings Inc. CEO expressed hope for political betting legalization in the U.S., which could expand the company's betting offerings and potentially increase revenue.
The CEO's comments on the potential legalization of political betting in the U.S. could signal future growth opportunities for DraftKings. If political betting is legalized, it could lead to an expansion of the company's product offerings and potentially increase its user base and revenue, positively impacting the stock price in the short term.
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