DraftKings has applied to join the National Futures Association as it considers operating prediction markets itself. The company has not confirmed that it will launch such markets, and the NFA cannot grant or block the right to do so.
The application signals DraftKings’ interest in prediction markets without confirming a launch or conferring launch approval.
Quarter ended 30 September 2026
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RSBIX applied to the Commodity Futures Trading Commission for Designated Contract Market status, the company said. The company, owned by lawyer Jeff Ifrah, said it is working with Matchbook on a sports event trading platform for the United States; the application does not establish that the platform has been approved.
Reportedly, DraftKings is considering increased investment in prediction markets. Its shares fell nearly 22% over the preceding month, approaching their lowest level in three years amid a wider decline in gaming stocks.
Meta is reportedly developing Arena, an app for user predictions on sports, politics, economics and entertainment, initially using points rather than real-money wagers. Mark Zuckerberg has reportedly asked staff to assess potential partnerships with Polymarket and Kalshi, but no agreement terms are known and the companies have not commented. The project remains in internal development, with a standalone launch and later integration into Meta services described as possibilities.
JPMorgan Chase CEO Jamie Dimon said the bank may enter prediction markets, but any offering would exclude sports and politics contracts. He said the bank would maintain strict controls on insider information; no decision to proceed was announced.
Major League Baseball is considering partnerships with prediction-market platforms, Commissioner Rob Manfred told team owners at a meeting in Palm Beach, Florida. Manfred said access to data could help identify irregular betting and protect the sport’s integrity, while noting that prediction markets operate under a different regulatory framework from state-regulated sports betting.