DraftKings CEO rejects claims prediction markets reduce US sportsbook volume

By SectorWire desk · 11 September 2026

Summary

DraftKings DKNG · USD 18.90 2026-10-16 Data 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.

Why it matters

Investors assessing DraftKings’ competing products have its CEO’s rejection of sportsbook diversion claims, without substantiating figures in CNBC’s posting.

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