DraftKings Explores Prediction Markets for US Sports Betting Expansion

DraftKings Explores Prediction Markets for US Sports Betting Expansion

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DraftKings CEO suggests that integrating Polymarket-style prediction markets could pave the way for expanding sports betting into more U.S. states. Polymarket is set to act as a clearinghouse for DraftKings, following its acquisition of a CFTC-regulated contract market.

Polymarket said it will serve as the clearinghouse for DraftKings, which recently acquired a contract market regulated by the CFTC.