DraftKings Launches DKeX Prediction Market
DraftKings is cutting the cord with the launch of DKeX, its proprietary prediction market exchange, integrated into the DraftKings: Sports & Casino app.
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DraftKings is cutting the cord with the launch of DKeX, its proprietary prediction market exchange, integrated into the DraftKings: Sports & Casino app.
Before DraftKings and FanDuel, before Kalshi and Polymarket, there was Jay Cohen and World Sports Exchange.
A Chicago-area man’s wedding plans faced a harsh reality as his compulsive gambling led to a cautionary tale now headed for federal court.
A new lawsuit has been filed against DraftKings, claiming the company’s “defective product” creates gambling addicts.
The Commodity Futures Trading Commission (CFTC) sued Kentucky, Kalshi sued Illinois for similar reasons, and DraftKings finally launched its own prediction markets exchange, and so much more happened this week.
DraftKings has launched its proprietary prediction markets exchange called DKeX, following its acquisition of Railbird Technologies. This move allows the operator to have full control over its event contracts content and operations.
After outperforming the S&P 500 Index for two consecutive weeks, the Roundhill Sports Betting & iGaming ETF underperformed last week, falling 3.8% versus the 1.4% rise in the broad-based index.
A national championship is on the line tonight when UNC (54-13-1) and Oklahoma (42-23) meet in Game 3 of the College World Series Finals.
As DraftKings CEO Jason Robins touts significant inroads in the prediction markets business, analysts at Citizens laid out a potentially billion-dollar assessment and expectation of the company’s potential.
The second half of June is proving to be another busy period for the North American commercial gaming industry. There’s certainly no summer slowdown when it comes to hiring season and executive moves.
Iran and New Zealand face off tonight in the World Cup, with odds, picks, and best bets provided. The match kicks off at 9 p.m. ET on FS1.
Gaming stocks had a stellar week, and the Roundhill Sports Betting & iGaming ETF soared over 7%, bridging its year-to-date (YTD) losses to just about 4%.