DraftKings Ventures Into Prediction Market Territory with NFA Application
DraftKings, the renowned sportsbook operator, is strategically positioning itself to enter the burgeoning prediction market industry. Recently, it initiated an application to join the National Futures Association (NFA), indicating a significant move towards becoming a federally regulated entity. This initiative, named “DraftKings Predict,” represents an ambitious leap into regulated prediction markets, which may include sports […]
DraftKings, the renowned sportsbook operator, is strategically positioning itself to enter the burgeoning prediction market industry. Recently, it initiated an application to join the National Futures Association (NFA), indicating a significant move towards becoming a federally regulated entity. This initiative, named “DraftKings Predict,” represents an ambitious leap into regulated prediction markets, which may include sports […]
