DraftKings chief executive Jason Robins said the company is monitoring prediction markets and sees the largest potential opportunity in states without legal online sports betting. He said DraftKings is assessing its approach and will announce plans when it is closer to acting.
A potential focus on states without online sports betting could shape DraftKings’ market-entry strategy.
Quarter ended 30 September 2026
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DraftKings CEO Jason Robbins rejected claims that prediction markets divert sportsbook betting volume during a 10 September CNBC interview. DraftKings operates a sportsbook and DraftKings Predictions. CNBC’s posting included no figures substantiating his assessment.
The NFL signed a multi-year agreement naming Fanatics Sportsbook an official sports betting partner and Fanatics Casino an official online casino partner. The deal grants Fanatics rights to use NFL intellectual property and gives its sportsbook access to official data through Genius Sports; the agreement is non-exclusive and its financial terms were not disclosed.
Penn Entertainment CEO Jay Snowden said election results could improve prospects for gaming proposals in Texas, Georgia, Pennsylvania and Missouri. He described the outcome as positive for Penn and the industry, while noting that the effect of Pennsylvania’s October skill-games shutdown on revenue growth in the state remained uncertain.
It was reported that DraftKings offers sports event contracts in 18 states where it has no online sportsbook. It offers none in the 27 states where it operates an online sportsbook.
Michigan recorded 589,449 active sportsbook accounts on 1 November, narrowly ahead of New York’s 587,752, according to data from geolocation provider GeoComply. Pennsylvania ranked third with 570,386; the figures measure account activity, not betting handle, and people may hold accounts with multiple operators.
On Nov. 1, Michigan had 589,449 active betting accounts, according to a geolocation technology provider. That put Michigan just 0.3% ahead of New York, which had 587,752. Pennsylvania took third place with 570,386.