DraftKings said during its Q3 earnings call that it will launch a predictions markets platform that will include sports event contracts in the coming months in all 50 states.

“We see Predictions as a significant incremental opportunity,” DraftKings CEO Jason Robins wrote in a letter to shareholders. “We are excited about our pending launch of DraftKings Predictions and its potential to expand our total addressable market.

“In the coming months, we expect DraftKings Predictions to enter many states with sport event contracts, unlocking a new customer base and revenue stream. Nearly half the country’s population remains without access to legal online sports betting, but there are several other companies offering federally regulated Predictions in all 50 states.”