Will DraftKings launch a prediction market in 2025?
In the past week, significant developments have bolstered the likelihood of DraftKings launching a prediction market in 2025, aligning with the "Yes" outcome leading at 85.5%. Recent reports indicate that DraftKings has secured federal approvals from the NFA and CFTC for its anticipated Predictions platform, marking a crucial step toward offering regulated sports event contracts in the U.S. However, challenges remain, including intensifying competition from rivals like Robinhood and Fanatics, and industry concerns over sports betting regulations, as voiced by the NFL to Congress. These factors could impact the timeline or scope of the launch.$ETH
