The US sports betting giant revealed that annualised total volume traded on its predictions platform reached $3.1bn in May, up 34% month-on-month.
Of that total, consumer volume on the predictions platform hit $1.3bn on an annualised basis in May, up 24% month-on-month, as the company said recent app improvements ahead of the NBA Finals had helped streamline access to its unified sports platform.
The figures underline DraftKings’ ambition to build a single “super app” spanning sportsbook, lottery, gaming and prediction markets, a strategy the company laid out at its March investor day, where it pointed to a $55bn to $80bn gross revenue opportunity by 2030.
It comes after the OSB giant previously found itself on the back foot on prediction markets, with businesses like Kalshi and Polymarket leading in the space.
Playing offense
Chief executive officer and co-founder Jason Robins said: “We’re not waiting for the game to come to us with DraftKings Predictions, we’re playing offense.”
Robins added: “We are continuing to broaden the ways customers can engage with DraftKings sports experiences across the country.”
The growth in prediction markets volume comes alongside a strong core business. In its first-quarter letter to shareholders, Robins said: “Predictions is now live in our flagship app, and as a result, our Predictions customer acquisition cost declined more than 80% in April.”
The company said the World Cup represented a significant near-term opportunity, with its proprietary exchange and new “combos” product set to launch ahead of the tournament. Robins added: “Our roadmap is clear, our execution is real, and we intend to establish a leadership position in Sports Predictions by year-end.”
DraftKings’ overall revenue reached $1.65bn in Q1, up 16.8% from last year. The operator also posted a 63.7% increase in adjusted EBITDA to $167.9m, and a net profit of $21.1m, compared to a $33.9m loss in Q1 2025.
Dingnews.com 12/06/2026