DraftKings Buys CFTC-Regulated Exchange in Prediction-Market Bet

News Brief

Summary

DraftKings Inc. has acquired Railbird Technologies Inc., a CFTC-regulated trading exchange, to aggressively expand into prediction markets beyond sports betting.

Key Points

  • Acquisition: DraftKings purchased Railbird Technologies Inc.
  • Regulation: Railbird is a licensed exchange regulated by the Commodity Futures Trading Commission (CFTC).
  • Strategic Move: This marks DraftKings’ most aggressive expansion into prediction markets.
  • Goal: To move beyond sports betting and offer real-money wagering on future events.
  • Deal Terms: The financial details of the acquisition were not disclosed.

新闻简报

总结

DraftKings公司收购了受CFTC监管的Railbird Technologies Inc.交易平台,这是其向体育博彩之外的预测市场进行的最激进扩张。

关键点

  • 收购事件: DraftKings 收购了 Railbird Technologies Inc. 公司。
  • 监管背景: Railbird 是一家获得美国商品期货交易委员会许可和监管的交易平台。
  • 战略举措: 这标志着DraftKings最积极地进军预测市场。
  • 目标: 旨在超越体育博彩,提供对未来事件的真实货币投注。
  • 交易条款: 本次收购的财务细节未对外披露。

Original Article Link: https://www.bloomberg.com/news/articles/2025-10-21/draftkings-buys-cftc-regulated-exchange-in-prediction-market-bet

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