DraftKings Q2 Results Miss Expectations as World Cup Betting Cuts Into Profits
DraftKings Q2 revenue fell 5% to $1.44B, missing estimates, as winning bets and promotions weighed on results. Guidance held; handle up 15%.
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DraftKings Unveils DKeX Prediction Markets Exchange with Strong Early Traction
DraftKings integrates its DKeX prediction markets exchange directly into the Sports & Casino app, with $3.4B in consumer volume in a single week.
DraftKings Reports Massive Growth — $1.3B Consumer Volume in Just One Month
DraftKings’ Predictions platform exploded in May 2026: annualized consumer volume jumped 24% to $1.3 billion and total volume rose 34% to $3.1 billion.
Kalshi, Polymarket & Robinhood: Inside the Prediction Market Surge
Prediction markets are booming fast, with huge growth expected to $1T by 2030 as betting on real events goes mainstream.
Bipartisan Senate Bill Targets Sports Betting on Prediction Markets Like Kalshi and Polymarket
Sens. Schiff & Curtis introduce legislation to ban CFTC-regulated prediction markets from offering sports wagers, closing a loophole amid state clashes.
DraftKings Downgraded to Hold: Prediction Markets and Rising Costs Hit Hard
Argus downgrades DraftKings to Hold from Buy amid high customer costs, rising state taxes, prediction market rivalry, and U.S. gaming market share losses.