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DraftKings launches prediction product in 17 states, including California, Florida and Texas

Licences & markets

DraftKings launched its Predictions product in 17 states, with sports contracts available in California, Florida and Texas. The company said the product also offers financial-market contracts; sports markets cover selected professional and college competitions, with no parlays available.

The launch gives operators and regulators a concrete example of sports event contracts reaching states with limited legal sports betting.

End-of-day close DraftKings (DKNG), USD, to 2 February 2026
Story date4 November 20252 February 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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Regulation

NFL restricts high-risk betting categories, including prediction markets

The NFL has listed prohibited betting categories in a memo, including wagers on player injuries, referee decisions and individual player actions, according to the report. The league also treats the use of prediction markets such as Kalshi and Polymarket as prohibited gambling activity; the memo is expected to have little effect on US legal sportsbooks, which rarely offer these markets.

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