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CFTC and NFA approve DraftKings entity as introducing broker

Licences & markets

DraftKings said Gus III LLC, the entity behind DraftKings Predictions, received approval from the CFTC and NFA to operate as an introducing broker. The entity was listed as an approved NFA member and swap firm on 4 December; DraftKings has not confirmed a launch date for the product.

The approvals establish a federal registration step for DraftKings’ planned prediction-market offering, whose launch timing remains unconfirmed.

End-of-day close DraftKings (DKNG), USD, to 16 January 2026
Story date21 October 202516 January 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

Earlier licence decisions by CFTC and Commodity Futures Trading Commission

DateCompanyAmountStoryAppeal status
PolymarketNot statedPolymarket says CFTC authorises US return as a contracts marketNot stated
PolymarketNot statedCFTC approval clears Polymarket for a potential US returnNot stated
Flutter, FanDuelNot statedNevada regulators confirm Flutter surrenders FanDuel licences as DraftKings withdraws applicationsNot stated
ProphetXNot statedProphetX seeks CFTC registration for sports event contractsNot stated
Gemini, KalshiNot statedGemini plans prediction contracts pending CFTC exchange approvalNot stated

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