Prediction Markets
Companies offering prediction markets in the iGaming industry — 14 listed.
DKeX
Boston, Massachusetts, United States
DKeX is DraftKings' proprietary, CFTC-regulated prediction markets exchange, launched on June 26, 2026. It serves as the underlying technology powering DraftKings Predictions, integrated into the unified DraftKings: Sports & Casino app, allowing DraftKings greater control over its prediction market offerings and enabling expansion into new states.
Kalshi
New York City, New York, United States
Kalshi is a New York-based prediction market and the first exchange federally regulated by the U.S. Commodity Futures Trading Commission (CFTC) to let people trade on the outcomes of real-world events. Founded in 2018 by MIT graduates Tarek Mansour and Luana Lopes Lara, it lets users buy binary 'yes/no' event contracts on politics, economics, sports, weather and culture, and rose to a reported $22 billion valuation by 2026.
Recent News
CFTC Warns Prediction Markets Against American-Style Odds
The CFTC has warned prediction market operators against using American-style betting odds, saying event contracts must be priced in nominal or percentage terms. The warning comes amid ongoing court battles and separate New York legal actions against Kalshi and Novig.
DraftKings Q2 Revenue Miss Takes Back Seat to Prediction-Market Push and Rivalry
DraftKings reported a roughly 5% revenue decline in Q2 to $1.44 billion and a net loss of $67.6 million, but the quarter was dominated by its prediction-market expansion and CEO Jason Robins' criticism of Kalshi and Polymarket. The operator launched the DKeX exchange, attracted 600,000 prediction customers and maintained full-year guidance.
Senate Pushes Clarity Act Vote to September as Crypto, Banking and Tribal Interests Wait
The US Senate has delayed a vote on the Clarity Act until after the August recess, reducing its near-term passage odds and leaving crypto, banking and Tribal gaming stakeholders awaiting a September procedural fight.
2026-08-07RegulationUnited StatesPrediction MarketsEsports BettingCryptoTribal GamingStablecoinsJohn ThuneKalshiPolymarketOklahoma Indian Gaming Association (OIGA)African Lotteries & Gaming AssociationDigital ChamberCrypto Council for InnovationBrian GardnerJerry MoranDonald TrumpThom TillisRuben GallegoCody CarboneJi Hun KimDavid BeanBill MillerJosh Hawley
Yankees designate Polymarket as team's prediction-markets partner
Polymarket has become the New York Yankees' designated prediction-market provider for the rest of the 2026 MLB season, building on its league-level MLB and Liga MX partnerships. The deal arrives amid ongoing U.S. regulatory debate over sports event contracts and recent access restrictions in Ireland.
DraftKings Holds FY26 Guidance as Q2 Profit Slips and Predictions Takes Center Stage
DraftKings reported a Q2 net loss and lower revenue on customer-friendly results and promotional spending, but maintained its FY2026 guidance while CEO Jason Robins highlighted faster-than-expected growth in Predictions and argued it will not cannibalize the core sportsbook.
Trump’s Las Vegas speech touts tips tax break, tariffs and Lombardo endorsement
Donald Trump used a Las Vegas appearance to champion his no-tax-on-tips deduction, defend tariffs and endorse Governor Joe Lombardo, touching along the way on Nevada's tourism slowdown and the state's crackdown on prediction-market platforms.
2026-08-07Prediction MarketsNevadaLas Vegas StripTaxElectionUSGambling Regulation Act 2024TariffsGambling Loss DeductionM&ACaesars EntertainmentCircus PPCTreasure IslandAssociation of Gaming Equipment Manufacturers (AGEM)KalshiPolymarketDonald TrumpJoe LombardoSteve HillDaron DorsettFrank J. Fertitta IIILorenzo FertittaTilman FertittaPhil RuffinDana WhiteAaron FordRed Rock CasinoRed Rock ResortsGenius Sports to Supply Official Data and Integrity Backing for Kalshi
Genius Sports and Kalshi have partnered to bring official soccer data, media, marketing and integrity services to Kalshi's prediction market, covering leagues such as the Premier League and Serie A.
Flutter CEO Peter Jackson to Step Down as Q2 Figures and US Pressures Mount
Flutter Entertainment CEO Peter Jackson is stepping down on 30 September, succeeded by Dan Taylor, as the operator faces a falling share price, weak Q2 results, and growing competition from US prediction markets.
2026-08-06RegulationBrazilUnited StatesPrediction MarketsGuidanceIndianaSuccessionLeadership TransitionQ2 EarningsCEO TransitionM&ABarry OrrWinvia Entertainment PLCFanDuelDraftKingsKalshiBetfair ExchangeBETMGMCaesarsCrypto.comPeter JacksonDan TaylorAmy HoweMichael BurryJoe StauffChad BeynonJason RobinsJunglee GamesESPN BetCME GroupCME GroupPolymarketSolas ComplianceStars GroupSky BetSnaiBetnacionalPaddy PowerBen RobinsonRob Coldrake
Sportradar maps prediction-market growth while flagging regulatory drag
Sportradar detailed its Kalshi and Polymarket prediction-market deals during its Q2 earnings call, but said regulatory ambiguity and league approval delays will push significant revenue into 2027. The company also faces an intensifying US legal fight over prediction markets and lingering short-seller allegations.
Genius Sports posts wider Q2 loss but lifts FY guidance after revenue surge
Genius Sports grew Q2 revenue 64.7% to $195.5m but posted a $76.7m net loss, with H1 losses widening to $132.2m after the Legend acquisition. The company lifted its full-year EBITDA guidance and expanded into prediction markets via deals with Polymarket and Kalshi.
Genius Sports puts official data at the core of Polymarket and Kalshi prediction markets
Genius Sports signed separate official-data and integrity agreements with prediction market operators Polymarket and Kalshi, with the Polymarket deal also adding exclusive Serie A U.S. streaming. The pacts flanked a Q2 earnings beat and helped send Genius shares up nearly 25% on the week.
NFL says CFTC draft falls short as New York sues Kalshi for $36bn
The NFL has told the CFTC that its proposed sports-event contract rules fall short of protecting sports integrity, while New York has sued Kalshi for $36bn. The week also brought the Mets' first prediction market partnership, a Minnesota injunction in Kalshi's favor, and a Wisconsin ruling allowing state enforcement.
2026-07-31RegulationPartnershipPrediction MarketsEsports BettingTaxLawsuitCFTCNew YorkMinnesotaWisconsinJeff MillerMichael SeligRob ManfredMatt BakowiczSteve CohenKathy HochulLetitia JamesDonald TrumpElisabeth DianaJosh KaulKate MenendezWilliam GriesbachKalshiNovigPolymarketHard Rock International and Seminole GamingNew York MetsNFLMLBNBANCAA