NEXTPredict panellists debate who benefits as prediction markets scale
Deals & M&A · SectorWire deskSource published
Summary
Speakers at day one of the NEXTPredict Summit New York debated who gains from prediction markets, with economists disagreeing over whether retail traders are structurally disadvantaged. DraftKings' Jason Robins said the company's predictions business is already the third-largest exchange despite operating in fewer than half of US states.
Why it matters
NEXTPredict speakers debated retail disadvantage and DraftKings' claimed third-largest exchange position.
Last close USD 20.91 on 23 October 2026. USD 20.94 on the story date (22 October 2026). Range USD 18.59 to 24.85, axis not from zero. Delayed end-of-day data, not live. Not investment advice.
Cite as: SectorWire, “NEXTPredict panellists debate who benefits as prediction markets scale”, 22 October 2026, https://sectorwire.news/item/nextpredict-panellists-debate-who-benefits-as-prediction-markets-scale/
Key facts
- Parties
- DraftKings, Robinhood, Moomoo
- Market
- USA
- Shares
- DraftKingsdown 0.1%1DLatest close · change from previous closeNASDAQ: DKNG · · end-of-day, delayed