DraftKings has launched a new standalone product that takes the company into federally regulated event contracts. The move marks its formal entry into DraftKings prediction markets under CFTC oversight. The app is now live on mobile and web for eligible US customers.

• The DraftKings Predictions app allows users to trade on real-world outcomes, with sports and financial markets available at launch. Additional categories such as entertainment and culture are expected to follow. The product sits outside the company’s sportsbook and iGaming platforms.

• The business is operated through a wholly owned DraftKings subsidiary registered as a CFTC Introducing Broker. It is also a member of the National Futures Association. This places DraftKings prediction markets under federal regulation rather than state gaming frameworks.

• Event contracts are available across 38 states, including access to certain sports markets in states such as California and Texas. This expands DraftKings’ total addressable market beyond its existing betting operations. Availability varies depending on contract type and location.

• At launch, the platform connects to CME Group, with plans to add further exchanges over time. DraftKings also plans to integrate its recently acquired Railbird Technologies and Railbird Exchange. Corey Gottlieb, chief product officer at DraftKings, said: “DraftKings Predictions is a significant milestone and reflects our ongoing commitment to delivering products that tap into the passion of our customers.”

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