DraftKings plans sports event contracts launch in coming months
DraftKings plans to launch sports event contracts through DraftKings Predictions in the coming months, the company said in its third-quarter 2025 update. The launch remains subject to final regulatory approvals in select states, and the company said it intends to focus on states where its sportsbook is unavailable. DraftKings reported quarterly revenue of $1.14bn, up 4% year on year.
The planned product could extend DraftKings’ reach into US states where its sportsbook is not available, subject to approvals.