DraftKings files six CFTC event contracts for DKeX prediction market exchange
DraftKings has filed six event-contract templates with the CFTC for DKeX, its in-house prediction market exchange, advancing the sportsbook operator's push into federally regulated prediction markets. The filings, submitted under DKeX's designated contract market license, represent a bet on CFTC oversight rather than traditional state sports betting frameworks. DraftKings had previously self-certified its first contracts for the exchange and announced new branding for the product. The move is part of a broader super app rollout strategy that has drawn fresh investor interest. DKeX puts DraftKings in competition with existing CFTC-licensed platforms as it seeks to expand beyond its core sportsbook business.
The $3.1 billion annualized run rate from DraftKings Predictions gives the company scale data to pitch institutional market makers on DKeX before the NFL season. Any CFTC delay on its self-certified contracts would leave that liquidity sitting on the retail side while Kalshi and Robinhood lock in institutional flow.
DraftKings' DKeX filing joins Rush Street Interactive's BetRivers DCM application in the CFTC staff review queue, making two sportsbook operators in as many days to pursue the federally regulated prediction market lane over state-by-state licensing.