DraftKings

Prediction Market Boom 2025: When Trading Starts to Look Like Gambling

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Prediction Market Boom 2025

Prediction markets have entered the financial mainstream. Once a niche concept limited to crypto circles and academic experiments, they are now attracting major players—from DraftKings and Kraken to Intercontinental Exchange (ICE)—signaling a new era in event-based trading. At the heart of this evolution lies an important question: Are prediction markets innovative financial instruments, or cleverly … Read more

DraftKings Acquires Railbird to Enter Regulated Prediction Markets, Launch “DraftKings Predictions” App

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DraftKings Acquires Railbird to Enter Regulated Prediction Markets,

DraftKings Inc. (Nasdaq: DKNG) has officially entered the rapidly growing world of regulated prediction markets through its acquisition of Railbird Technologies Inc. and its subsidiary Railbird Exchange, LLC, a federally licensed exchange designated by the Commodity Futures Trading Commission (CFTC). The acquisition marks a major strategic expansion beyond sports betting and daily fantasy, aligning DraftKings … Read more