DraftKings Reveals Billions in Prediction-Market Activity
DraftKings' disclosure puts the shift in focus: legacy sportsbooks are pursuing a fee-generating market that already trades billions each month.
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DraftKings' disclosure puts the shift in focus: legacy sportsbooks are pursuing a fee-generating market that already trades billions each month.
DraftKings' DKeX launch is the latest sign of trading and betting platforms taking exchange infrastructure in-house, and Bernstein now calls industry consolidation tangible rather than hypothetical.
DKeX enters a market dominated by Polymarket and Kalshi, with DraftKings reporting consumer prediction-market volume above $3B since its December entry.