DKNG
Live News • Jun 27
DraftKings Prediction Platform Sees Surge With $3.1b Traded Volume and Broader Reach DraftKings reported rapid expansion in its Predictions platform, with May 2026 annualized consumer volume of $1.3b and total traded volume of $3.1b, alongside growth of its federally regulated DKeX exchange.
The company is using Predictions to reach new demographics and extend its super app framework into markets where traditional sports betting is limited or illegal, while also facing regulatory scrutiny and competition from platforms such as Kalshi.
DraftKings shares trade at $25.70, with the stock down 27.9% year to date, despite recent short-term gains.
The read-through is that DraftKings is building a second business line alongside core sports betting. However, the combination of regulatory risk, insider selling and fresh capital needs for expansion could keep volatility high around the stock. Announcement • Jun 26
Draftkings Launches Proprietary Prediction Markets Exchange Dkex with Integration into Unified Draftkings Sports and Casino App DraftKings Inc. announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the unified DraftKings: Sports & Casino app. The launch positions the Company to innovate more rapidly through greater ownership over content depth, operating economics, and the end-to-end customer experience. DKeX marks the next phase in DraftKings’ prediction markets evolution, strengthening its ability to deliver differentiated sports experiences across the country alongside its leading sportsbook. The launch of DKeX comes as DraftKings Predictions continues rapid growth, with approximately $3,400 million in annualized consumer volume and approximately $11,300 million in annualized total trading volume for the week ended June 21. The Company expects continued growth throughout July, driven by ongoing enhancements to the platform, growing adoption of new event contracts and features such as combinations, and heightened interest surrounding the World Cup. Since launching in mid-May, more than 30% of customers have used combinations, which allow multiple individual contracts to be bundled into a single position, highlighting strong demand for a customizable, sports-first prediction markets experience. The launch of DKeX and its integration into the unified app is a major step forward in delivering a best-in-class customer experience in sports nationwide. The pace of development across Predictions has been substantial, from expanding event contract offerings to introducing key features like combos. DKeX is the latest milestone in that progression and creates new opportunities to further expand the offering ahead of some of the biggest moments on the sports calendar. As part of DraftKings' all-in-one platform strategy, DraftKings Predictions continues to evolve within the unified app. The DraftKings Sports experience brings sports betting and prediction market trading together with sportsbook offerings and/or sports event contracts available based on customer location. Recent enhancements include Predictions Sports Combos, expanded pre-game and in-play stats, dedicated hubs for major events such as the World Cup, and an always-on Live tab that surfaces real-time sporting events, giving customers more opportunities to engage with key moments as they unfold. DraftKings also enhanced its Responsible Engagement tools through My Budget and Controls, an in-app destination for managing deposit limits and personalized activity alerts. DraftKings Predictions has also expanded with additional event contract offerings, including MLB player and futures contracts, No Runs First Inning (NRFI) baseball, broader NBA and NHL selections, and international sports. The DraftKings Sports experience is available nationally, including sports event contracts in 18 states. The Company applies its Responsible Engagement principles across its prediction markets offering, supporting informed participation through tools and resources, including the DraftKings Responsible Trading Center. DKeX leverages the technology and CFTC license from DraftKings’ acquisition of Railbird Technologies. 
