DraftKings plots potential expansion into prediction markets

Operator News

DraftKings is making strategic moves to enter the prediction market space, signaling an ambitious expansion beyond traditional sports betting. 

The company recently registered DraftKings Predict with the National Futures Association (NFA), a self-regulatory organization operating under the Commodity Futures Trading Commission (CFTC).

This development suggests that DraftKings is preparing for possible regulatory shifts that could legitimize prediction markets in the US.

While details remain undisclosed, CEO Jason Robins has repeatedly hinted at the company’s keen interest in this emerging sector. However, regulatory challenges at both state and federal levels may shape the company’s trajectory in this evolving landscape.

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