DraftKings Enters Prediction Markets With Quite A Few Questions Unanswered [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
But what was more of a surprise was that — when DraftKings Predictions went live Friday — the contracts themselves came from CME, the commodities giant that very publicly partnered with FanDuel to launch its exchange, rather than Railbird, which DraftKings bought in October. DraftKings had discussed offering access to non-Railbird exchanges when it announced its predictions product, and earlier this month obtained introducing-broker status with the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), allowing it to route customers to other exchanges. “We set up the business so it can be multi-exchange at its core,” DraftKings SVP for Predictions Jeanine Hightower-Sellitto told InGame . “Clearly Railbird offers a giant opportunity for DraftKings, but it doesn't limit us from also connecting with other exchanges.” A single business offering both an upstart in-house exchange and access to an established exchange's contracts is starting to look like a
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News
- How DraftKings' CFTC-Regulated Predictions Platform Accessing Non-Sportsbook States Has Changed Its Investment Story (DKNG) [Yahoo! Finance]Yahoo! Finance
- DraftKings Just Launched Its Prediction Market App. Should You Make a Bet on DKNG Stock Here? [Yahoo! Finance]Yahoo! Finance
- Is DraftKings' Product-Led Parlay Growth Driving Better Economics? [Yahoo! Finance]Yahoo! Finance
- Illinois Posts Record $1.6 Billion Handle For October [Yahoo! Finance]Yahoo! Finance
- DraftKings (NASDAQ:DKNG) was given a new $43.00 price target on by analysts at Truist Financial Corporation.MarketBeat
DKNG
Earnings
- 11/6/25 - Beat
DKNG
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/5/25 - Form 4
- DKNG's page on the SEC website