DraftKings Exchange files CFTC contracts for live sports micro-markets
DraftKings Exchange filed contract materials with the CFTC for prediction markets based on short periods of sporting events and player statistics, according to the report. The filings describe markets on outcomes such as the next football drive or a goal within five minutes; the company has not clarified whether it will offer these contracts.
The filings indicate potential expansion of DraftKings’ sports-related prediction-market offering, subject to its eventual market choices.