A blast from the past... US financial powerhouse Susquehanna is well-known across the pond for dabbling in sports betting. Today they set a $33 price target on $DKNG...
A Well-Known Quant Firm Is Looking for Traders Who Want to Bet on Sports https://www.bloomberg.com/news/articles/2017-10-30/sports-gambling-is-quant-trading-firm-s-way-to-beat-market-odds">https://www.bloomberg.com/news/arti...
A Well-Known Quant Firm Is Looking for Traders Who Want to Bet on Sports https://www.bloomberg.com/news/articles/2017-10-30/sports-gambling-is-quant-trading-firm-s-way-to-beat-market-odds">https://www.bloomberg.com/news/arti...
In case behind a paywall here is the above article... will post a few more things I collected in thread below.
Harnessing poker prowess and game theory, Susquehanna International has become a key ETF player
https://www.bloomberg.com/news/features/2018-11-20/the-poker-aces-playing-a-key-hand-in-the-5-trillion-etf-market">https://www.bloomberg.com/news/feat... via @markets
https://www.bloomberg.com/news/features/2018-11-20/the-poker-aces-playing-a-key-hand-in-the-5-trillion-etf-market">https://www.bloomberg.com/news/feat... via @markets
Jeff Yass, Susquehanna& #39;s co-founder, was recently on a panel at MIT& #39;s Sloan Sports Analytics Conference... @RufusPeabody dropped a recap of said panel with some insights from Yass... https://twitter.com/RufusPeabody/status/1236345835769790465">https://twitter.com/RufusPeab...
Here they were looking to ramp up US capabilities... https://twitter.com/astraffon/status/1190728486274637830">https://twitter.com/astraffon...