DraftKings Aims to Add More Markets in Predictions -- Market Talk

Dow Jones05-16 02:01

1401 ET - DraftKings is racing to add more events that users can trade on to drive engagement with its new predictions platform, Chief Financial Officer Alan Ellingson says at a conference. "The more markets you can create and you can price for them, the more they're willing to engage," Ellingson says. For now, DraftKings' prediction markets are limited as it ramps up the platform, so trades are limited to main lines in bigger markets, he says. The online sports betting platform is trying to change that though. It recently launched combo trades on DraftKings Predictions, which is the equivalent of a betting parlay where multiple events have to occur to win money. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

May 15, 2026 14:01 ET (18:01 GMT)

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The online sports betting platform is trying to change that though. It recently launched combo trades on DraftKings Predictions, which is the equivalent of a betting parlay where multiple events have to occur to win money. 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For now, DraftKings' prediction markets are limited as it ramps up the platform, so trades are limited to main lines in bigger markets, he says. The online sports betting platform is trying to change that though. It recently launched combo trades on DraftKings Predictions, which is the equivalent of a betting parlay where multiple events have to occur to win money. 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For now, DraftKings' prediction markets are limited as it ramps up the platform, so trades are limited to main lines in bigger markets, he says. The online sports betting platform is trying to change that though. It recently launched combo trades on DraftKings Predictions, which is the equivalent of a betting parlay where multiple events have to occur to win money. 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For now, DraftKings' prediction markets are limited as it ramps up the platform, so trades are limited to main lines in bigger markets, he says. The online sports betting platform is trying to change that though. It recently launched combo trades on DraftKings Predictions, which is the equivalent of a betting parlay where multiple events have to occur to win money. 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