DraftKings plans to launch its DraftKings Predictions platform, including sports event contracts, before the end of 2025, the company said. The launch is expected in the coming months and remains subject to licensure; the company plans initially to target states without its sportsbook.
The proposed launch could extend DraftKings’ reach into states where it does not offer its sportsbook.
Quarter ended 30 September 2026
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The US Securities and Exchange Commission has reportedly delayed the planned launches of more than two dozen prediction-market ETFs while seeking further information on their operations and risk disclosures. Some funds were due to launch in May, including six Roundhill election ETFs; the source says the delay does not rule out later launches.
Crypto.com announced the launch of OG, a prediction-market platform offering contracts across sports, finance, politics, entertainment and cultural trends. The company said its planned margin trading on prediction contracts is subject to Commodity Futures Trading Commission certification. Crypto.com also named its chief legal officer, Nick Lundgren, as OG’s CEO.
Betr is preparing to launch Betr Predictions, according to a report that said the company had not publicly confirmed its plans. The platform’s application to the National Futures Association to become an introducing broker and swap firm was pending; the report said CEO Joey Levy was listed as its chief executive.
Gemini plans to offer prediction contracts through a derivatives exchange application under review by the CFTC, reportedly. The company had said in securities filings that it intended to cover politics, sports, economic data and financial markets; the report said the application remained undecided months after filing.
Gemini Space Station is reportedly considering offering event contracts to clients, while its designated contract market application with the CFTC remains pending. The company filed for the status in May through Gemini Titan; approval would be required to offer event contracts in the US.