DraftKings Predictions is quickly taking hold with users of prediction markets, with $1.3 billion in reported annualized consumer trading volume in May.
The new figure constitutes a 24% month-over-month increase compared to the total reported in April. Year-over-year totals aren’t available since the platform, part of DraftKings’ umbrella of gaming and entertainment options, launched in Dec. 2025.
DraftKings Predicts takes hold
The latest financial figures for the Boston-based platform were revealed on Tuesday.
Annualized consumer volume is a representation of consumers’ rate of spending over a one-year period. The $1.3 billion figure is still far off market leaders Kalshi and Polymarket, but it is impressive for a company that is only just getting into the prediction industry. It also shows enormous growth from April, despite the absence of March Madness (which bled into April).
DraftKings Predictions also reported $3.1 billion in annualized total volume, which reflects all of the platform’s trading activity, including institutions and larger traders as well as regular consumers. That figure was up an even larger 34% on April’s figure.
Investing in prediction markets
DraftKings CEO Jason Robins had said during the company’s Q1 2026 earnings call in May that the new prediction market products would be central in acquiring new audiences, particularly in those without legal sports betting.
“We have also launched market making, which unlocks access to an additional layer of the value chain,” Robins said. “Market making is already generating a positive return for us.
“In the coming weeks, we expect to launch our proprietary exchange and to begin offering combos. Together, these moves will accelerate innovation, improve the customer experience, and strengthen our economics.”
Robins also noted during the call that DraftKings planned to invest $200-300 million in developing its prediction markets before the end of the year.
Building a Super App
While the prediction industry has proven to be full of change, DraftKings Predictions has set the goal of launching Railbird, an in-house designated contract market, and an in-house exchange that will allow it to gain full autonomy over its trading operations.
DraftKings is also working on creating a “Super App,” which would combine its sports betting, online casino, predictions, and iLottery products. Only its fantasy sports contest games would be housed separately.
DraftKings’ goal is to have its super app live in all 50 states, with available products reflecting local laws. For example, the Alabama Super App might only have predictions, while the Michigan Super App might have sportsbook, prediction, iGaming, and iLottery functionality.
DraftKings launches combos
As part of its growth in prediction markets, DraftKings in May launched customer combos. This option mimics parlay betting at sportsbooks by allowing users to combine multiple predictions into one contract, which offers a larger payout if it is correct.
Contracts do not have to contain outcomes from the same industry. For example, a user could predict the price of Bitcoin, the top television show on Netflix, and whether the New York Knicks or the San Antonio Spurs will win the NBA Finals in the same contract.
The Trade Handle Prediction Markets Take
DraftKings is not the only sportsbook and gaming operator to take notice of the success of prediction markets. FanDuel also launched FanDuel Predicts, reaching all of the states that don’t offer legal sports betting.
DraftKings Predicts’ trading volume shows that the platform is growing, but it still has a long way to go to catch Kalshi, which is believed to process at least $10 billion in monthly trading. The arrival of the FIFA World Cup this week should provide another shot in the arm to the trading volume.