DraftKings Launches Proprietary Prediction Markets Exchange
DraftKings (DKNG) has launched its own prediction markets exchange, DKeX, reducing reliance on third-party platforms like CME Group and Crypto.com. The move allows the company to retain more revenue from trading fees as volume in DraftKings Predictions continues to grow rapidly.
Tickers: $DKNG
Topics: platform ownership prediction markets revenue model change