DraftKings has caught true to its phrase, because it formally launches its prediction market throughout 38 states below the oversight of the US Commodity Futures Buying and selling Fee (CFTC).
The DraftKings Predictions market is a standalone app and net product that enables prospects to commerce on real-world outcomes throughout a spread of markets. Initially, sports activities and finance would be the fundamental focus, however extra classes like leisure and tradition could be anticipated because the providing expands.
DraftKings Predictions is HERE!
Obtain the app to start out buying and selling on sports activities, finance and extra – AVAILABLE NOW. pic.twitter.com/4YCToZzgk5
— DraftKings Predictions (@DKPredictions) December 19, 2025
This comes after different main sportsbooks have entered the market, like FanDuel in November, regardless of prediction markets nonetheless inflicting controversy for native regulators.
In November, Nevada gaming regulators made one of many largest strikes as they pulled key licenses from main operators DraftKings and Flutter Leisure, at a time when the state continues to battle in court docket over whether or not sports activities even contracts and political prediction markets are even authorized.
Prediction market business now joined by DraftKings
Talking on the corporate’s introduction, the chief product officer Corey Gottlieb mentioned: “DraftKings Predictions is a big milestone and displays our ongoing dedication to delivering merchandise that faucet into the fervour of our prospects.
“We’ll create an unparalleled buyer expertise, leveraging key strategic relationships like ESPN and NBCUniversal to supply an genuine, real-time product that strikes on the pace of sports activities. Together with our operational footprint, advertising and analytics infrastructure and superior in-house know-how, we consider we’re uniquely positioned to steer this area over the long run.”
These occasion contracts, below DraftKings Predictions, shall be provided in 38 states together with California, Florida, Georgia, Texas, and extra.
Sooner or later, the corporate has defined its plans to connect with a number of exchanges, starting with CME Group at launch, to offer eligible prospects “the best attainable depth and breadth of markets, together with world benchmarks, financial indicators, and sports activities contracts.” This can even embody the deliberate rollout of Railbird Applied sciences which was not too long ago acquired.
Featured Picture: By way of DraftKings Inc LinkedIn put up
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