DraftKings officially introduces DraftKings Predictions

(PRESS RELEASE) -- DraftKings Inc. today announced the launch of DraftKings Predictions, formally entering prediction markets under the oversight of the U.S. Commodity Futures Trading Commission. DraftKings Predictions is a new standalone mobile app and web product that allows eligible customers to trade on real-world outcomes across a wide range of markets, with sports and finance available initially, and additional categories such as entertainment and culture expected as the offering expands. The launch reinforces the same innovation, customer focus, and compliance standards that define DraftKings’ leadership in regulated digital entertainment.

“DraftKings Predictions is a significant milestone and reflects our ongoing commitment to delivering products that tap into the passion of our customers,” said Corey Gottlieb, Chief Product Officer of DraftKings. “We will create an unparalleled customer experience, leveraging key strategic relationships like ESPN and NBCUniversal to provide an authentic, real-time product that moves at the speed of sports. Along with our operational footprint, marketing and analytics infrastructure and advanced in-house technology, we believe we are uniquely positioned to lead this space over the long term.”

As part of the launch, DraftKings’ wholly owned subsidiary (d/b/a DraftKings Predictions) is a CFTC-registered Introducing Broker and Member of the National Futures Association. Event contracts will be available across 38 states, expanding the Company’s total addressable market, including sports event contracts in certain states such as California, Florida, Georgia and Texas. DraftKings Predictions plans to connect to multiple exchanges, beginning with CME Group at launch, to give eligible customers the greatest possible depth and breadth of markets, including global benchmarks, economic indicators, and sports contracts. This will include the planned rollout of recently acquired Railbird Technologies Inc. and its wholly owned subsidiary, Railbird Exchange, LLC, which will broaden available markets, enable product innovation, and deliver advantaged economics over time.

Consistent with DraftKings’ commitment to championing responsible engagement with its products, the Company has extended its Responsible Gaming best practices to federally regulated event contracts through its Responsible Trading program. It emphasizes education, awareness, and informed participation, helping customers understand how event contracts work and manage their trading activity responsibly. Customers can set deposit limits, take cool-offs or self-exclude, and access educational materials through the DraftKings Responsible Trading Center, directly in the DraftKings Predictions app or at predictions.draftkings.com.

DraftKings Predictions is now available for eligible U.S. residents and will appear across all major app stores as the rollout completes in the coming days.

To kick off the launch, customers have a chance to win $1 million through DraftKings Predictions, with multiple ways to enter. In states where sports event contracts are available, customers can also receive up to a $25 trade bonus based on their first trade.