Plans for a predictions product may be farther along at DraftKings than it seems.
DraftKings has a pending application with the National Futures Association, which has served as the regulator for the Commodity Futures Trading Commission since 1982. The application was first reported by industry newsletter The Closing Line.
Not much is known about what DraftKings Predict could offer and when that might be, but it is important to note that this application was not done in response to Crypto.com, Kalshi or Robinhood’s interest in Super Bowl futures. The pending application for DraftKings Predict is dated July 30, 2024.
DraftKings declined to comment when reached by LSR.
