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DraftKings Eyeing Prediction Betting Opportunities Ahead of Next Election Online sports wagering business might not let another cycle of presidential election campaigning and wagering pass them by without taking a few of that action themselves. The enormous quantity of betting on this year's election was certainly tough to miss out on - and DraftKings Inc. now intends on taking a long want to see if there are chances for itself in the prediction market business. That is at least what DraftKings CEO Jason Robins said throughout the Boston-based company's Friday morning teleconference for experts and financiers. One analyst asked Robins for his thoughts on "non-sports wagering prediction markets" and whether there is a chance there for DraftKings. "I believe it's a really interesting thing," Robins replied. "The marketplace within that that's dominant is election markets, of course, and especially during presidential elections. So I know there's a great deal of stress on it over the last few weeks. I do think there might be a place for it beyond elections, but that's truly where the interest appears to be now from a ... customer need side. So, absolutely something we're taking a look at in advance of the next presidential election, and potentially it'll be an opportunity to look at something earlier." RFK Jr.'s odds of a Cabinet nomination continue to fall 82% yesterday, now 68% pic.twitter.com/ON61pv3Cqh Robins included that it is a "different framework" for forecast markets, which use bettors the possibility to bet on U.S. election chances, to name a few things. Most especially, Kalshi, Robinhood, and others are controlled by the Commodity Futures Trading Commission, not state video gaming guard dogs. "It's not accredited as a betting product, it's accredited as a monetary market," Robins stated. "It's definitely a really different thing.