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FanDuel and DraftKings leave AGA amid prediction-market shift

Deals & M&A

FanDuel and DraftKings have relinquished their American Gaming Association memberships as their businesses move towards prediction markets, the companies and the AGA said. The AGA said the departures took effect immediately; both companies said their plans no longer aligned with the association’s priorities in some areas.

The departures mark a break between two major sportsbook operators and the industry association over prediction markets.

End-of-day close DraftKings (DKNG), USD, to 2 January 2026
Story date6 October 20252 January 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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