DraftKings disclosed strong early results for its Predictions platform on June 9. The company launched the offering in December 2025 and now reports an annualized trading run rate of $3.1 billion.
DraftKings filed a Form 8-K showing that annualized total volume in its Predictions business climbed 34 percent month over month in May 2026 to reach $3.1 billion. Annualized consumer volume rose 24 percent to $1.3 billion. Actual trading volume for the month stood at roughly $258 million.
Shares of the company rose about 10 percent in early trading after the disclosure. Chief executive Jason Robins told investors the firm aims to establish a leadership position in sports predictions before the end of the year and raised its estimate of the addressable market to between $55 billion and $80 billion.
The results arrive as prediction markets operated by Kalshi and Polymarket already handle far larger volumes. Kalshi alone recorded $17.91 billion in May trading, while the two platforms together moved about $24 billion in April. DraftKings Predictions is available in 38 states under a federal derivatives framework regulated by the CFTC.
