DraftKings, Flutter, Coinbase, Robinhood intensify push into prediction markets, Tekedia Capital says
DKNG•Disclaimer
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tekedia Capital LLC published the original content used to generate this news brief on August 08, 2026, and is solely responsible for the information contained therein.
DraftKings, Flutter and Robinhood report rapid growth
DraftKings’ prediction platform reached 600,000 users; annualized volume climbed to $11 billion from $2.3 billion between April and July.
DraftKings sees about 1% overlap with sportsbook customers; syndicates and institutions drive 80%-90% of prediction-market volume.
Flutter shifted FanDuel Predicts’ sports and novelty contracts to Crypto.com from CME; expects $50 million market-making revenue this year.
Robinhood’s CFTC-licensed Rothera logged over 3.5 billion contracts; Q2 event-contract revenue reached $156 million.
Tekedia Capital says prediction markets are becoming a battleground
Tekedia Capital analysis flags prediction markets as a fast-growing battleground across sportsbooks, exchanges, crypto venues and brokers, raising regulatory risk.
