DraftKings self-certifies nine football parlays on DKeX to retain trades in-house
DraftKings has self-certified nine football event contracts and parlays with the Commodity Futures Trading Commission (CFTC) for its in-house prediction exchange DKeX. The move lets DraftKings keep parlay trades on its own platform rather than routing them to Crypto.com. The step suggests DKeX is preparing to expand beyond single-event contracts. The CFTC recently warned prediction markets to stop using American odds format for event contracts.
DraftKings is cutting its dependency on FanDuel Predicts' move to Crypto.com from CME infrastructure before contract sourcing becomes a bidding war. Self-clearing parlays on DKeX protects margins if Crypto.com renegotiates terms or if rival platforms crowd the same rails. The nine football contracts give DraftKings a direct test of whether in-house settlement can match Crypto.com's cost structure.
FanDuel Predicts just deepened ties with the same partner. DraftKings must prove DKeX volume can justify the operational lift before Robinhood's Rothera adds similar functionality. The CFTC's recent warning on gambling odds adds a presentation-rule risk that self-certification does not solve.
Joins FanDuel Predicts and Robinhood in testing Crypto.com alternatives for prediction-market infrastructure, as operators race to control their own clearing paths.