
Bernstein says prediction-market infrastructure rush could spark wave of M&A across consumer platforms
Bernstein said DraftKings' DKeX launch keeps prediction-market revenue in-house as consolidation reshapes trading and betting platforms.

Bernstein said DraftKings' DKeX launch keeps prediction-market revenue in-house as consolidation reshapes trading and betting platforms.

The company said its prediction markets vertical has generated approximately $3.4 billion in annualized consumer volume.

DraftKings' DKeX could reshape prediction markets by leveraging federal regulation for broader reach, challenging both traditional and crypto platforms.
Kalshi CEO Tarek Mansour says Polymarket is not his main rival, naming CME, Robinhood and DraftKings as bigger threats.
Robinhood is pushing deeper into high-margin market design, joining competitors like Kalshi and DraftKings