DraftKings launches prediction markets across 38 US states
DraftKings launched its standalone DraftKings Predictions app under Commodity Futures Trading Commission oversight, the company said. Eligible customers can initially trade contracts on sports and financial events across 38 states, with CME Group as the first exchange; the company plans to add further categories and integrate Railbird Technologies.
The launch gives DraftKings access to event-contract markets across 38 states, including sports contracts in some states.