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may 2026

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DraftKings prediction markets business scales fast, but lags behind established platforms
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Business·6d agoAI summary

DraftKings prediction markets business scales fast, but lags behind established platforms

DraftKings reported rapid growth in its prediction markets business, with annualized consumer volume reaching $1.3 billion and total volume $3.1 billion in May 2026. However, established platforms like Kalshi and Polymarket process significantly higher volumes, highlighting DraftKings' late entry into a mature market. The sector's legal status as derivatives overseen by the CFTC is a key point of contention.

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