Stocks

DraftKings launches DKeX exchange as predictions volume hits $3.4B annualized

Published Jun 9, 2026Updated 138d ago

DraftKings has launched DKeX, its own prediction markets exchange, as the Boston-based company's prediction-markets vertical reaches approximately $3.4 billion in annualized consumer volume. The company disclosed the milestone in June 2026, with monthly volume on DraftKings Predictions growing 24% month-over-month to $1.3 billion in May. DraftKings Predictions, which debuted in December 2025 and is accessible in 38 states, is part of the company's push toward its Super App concept. Analysts at Citizens, Jordan Bender and Isabelle Slavin, projected the prediction markets opportunity could top $1 billion for DraftKings by 2030. The launch makes DKeX a CFTC-registered designated contract market via the acquired Exchange.

Why this matters?

DKeX gives DraftKings direct exchange margin instead of paying third-party fees, and the $3.4B run-rate puts it on a path to capture prediction-market revenue that rivals its sportsbook core by decade end.

The bigger picture

DraftKings joins Robinhood and FanDuel Predicts in building dedicated prediction-market infrastructure, as major sportsbook-linked platforms abandon third-party exchange relationships for vertically controlled venues.

In this story
Add Prediction News as a preferred source on GoogleGet our prediction-market coverage prioritized in your search results

Related Stories

More in Stocks
Stocks

Robinhood event contracts revenue climbs to $173 million in Q3

Stocks

DraftKings stock drops 27% as prediction-market spending drags on outlook

Legal

CFTC proposes twin rules classifying event contracts as swaps while carving out casino gambling

Trading

DraftKings hikes prediction-market investment to $700M as stock falls 26% on profit miss

Deals

Kalshi raises $1 billion at $40 billion valuation in Series G round

Tech

Flutter cuts 2026 guidance as FanDuel Predicts losses deepen despite user growth