DraftKings Unveils CFTC-Approved App for Real:

A prominent sports betting site has expanded its influence into the realm of prediction markets, as an approved application of its new prediction market product enables betting on the outcome of actual events in a regulated environment. There had been no previous direct intersection of mainstream sports betting sites with prediction markets until this milestone.

This trend is especially significant because it marks an increased level of integration between the regulated environment and the products that are developed in the market.

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