In recent months, Sportradar’s stock has been pressured by uncertainty surrounding prediction markets and short-seller allegations that the company has denied, Bender noted. “Rather than seek reasoned answers from the courts, James and New York seek to force an unprecedented sudden shutdown of prediction markets nationwide,” he wrote. Selig, who was nominated by Trump in October 2025, has continually backed prediction markets when the operators have faced litigation from various states. “Rather than seek reasoned answers from the courts, James and New York seek to force an unprecedented sudden shutdown of prediction markets nationwide,” he wrote. Felenstein weighed in on the disputed view of prediction markets: “From our perspective, we are going to serve our clients the way we serve our clients.