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DraftKings plans growth investment in prediction markets

Deals & M&A

DraftKings plans to invest growth capital in prediction markets, CEO Jason Robins said during the company’s fourth-quarter 2025 results call on 12 February. The company said it intends to use existing resources to develop its DraftKings Predictions platform; the report says the CFTC has indicated it will defend the practice in court and issue regulatory guidance.

The investment plan signals DraftKings’ intended expansion into prediction markets amid stated changes in the US regulatory environment.

End-of-day close DraftKings (DKNG), USD, to 31 March 2026
Story date31 December 202531 March 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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Deals & M&A

DraftKings considers opportunity in cryptocurrency event contracts

DraftKings chief executive Jason Robins said he had become more receptive to cryptocurrency event contracts after seeing early positive signs, according to a report of his remarks at the NEXTPredict Summit. The report said DraftKings routes these contracts through Crypto.com and may be considering bringing the activity in-house; it also cited analyst estimates that timed digital-currency contract volumes rose 44-fold in the first seven months of 2026.

DraftKings chief executive and co-founder Jason Robins said at the NEXTPredict Summit in New York City last week that he had become more open to cryptocurrency event contracts after seeing early positive signs, according to a report of his remarks. The report said DraftKings routes these contracts through Crypto.com rather than its own DKeX exchange, and cited an analyst as saying the company may be examining bringing the activity in-house.

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