Name: DraftKings Launches Prediction Markets in 38 States
Uploaded: 2025-12-19T15:43:21-05:00
Duration: 2 min 45 s
Description: DraftKings introduces a prediction market in 38 states, letting users bet. For more legal analysis across the gaming industry, check out Legal Sports Report.

SportsGrid College Football Today

NFL Pro Football Today

Fantasy Football Sports Today

The Early Line Live

NewsWire Live

The Bostonian Vs. The Book

Bare Knuckle Fighting Knuckle Up

Gametime Decisions Live

Color Up How To Win At Craps

The Smylie Kaufman Show

Las Vegas Football Contest Show

Daily Racing Form Weekend Preview

Combat Sports Report

Bowden Blitz ACC Podcast

Brian Christopher Slots

LatiNation Futbol Club

Front Office Sports Today

The Just Baseball Show

Bowden Blitz SEC Podcast

Fantasy Football Sports Today Sunday Premiere

The Craig Carton Show

The Bobby Carpenter Show

College Basketball Today Podcast

Pro Basketball Today Podcast

In-Game LIVE Gameday

OUR SHOWS

Thursday Night NBA Preview: The Knicks take on the Pacers amid player uncertainties and injury management! Brad Thomas previews tonight's top matchups.

NBA Thursday Preview: Knicks vs. Pacers & Warriors vs. Suns

Kalshi, a top prediction markets app, has stirred recent controversy by offering bets on NCAA player transfers, sparking more backlash in college sports.

Kalshi Faces NCAA Backlash Over Transfer Portal Bets

College Football Preview: Memphis battles North Carolina State in the Gasparilla Bowl, with key stats, team insights, and betting trends for savvy predictions.

Bowl Season Analysis: Memphis vs. NC State and More

Week 16 NFL Previews: Tampa Bay vs. Carolina! Discover key insights, team dynamics &amp;amp; betting odds. Donnie and Tom preview tonight's NFC West primetime matchup.

NFL Week 16 Preview: Thursday Night Football & Sunday Slate

LATEST SPORTSGRID VIDEOS

Wherever you are, SportsGrid can be there too. Here are all of the platforms and subscription services you can find us on and how to watch SportsGrid today.

description

keywords

google

og:locale

og:site_name

Where to Watch SportsGrid | How to Watch SportsGrid | SportsGrid

og:title

og:description

Samsung TV Plus

Roku TV

FireTV

LG Channels

Vizio

Xiaomi

VIDAA

SportsGrid is free to watch on any of the following Connected TV’s

FREE ON MY TV

DIRECTV

Amazon Prime Video

YouTube TV

FuboTV

Plex

Sling Tv

FreeCast

Local Now

Stremium

Rad TV

Free Live Sports

SportsGrid is free to watch on any of the following Streaming services

LIVE STREAMING SERVICES

Sports.Tv

YouTube

Download the new SportsGrid app, watch on SportsGrid.com or our YouTube Channel

WEB/MOBILE

SportsGrid is free to watch on any of the following platforms

ALL PARTNERS

Wherever you are, SportsGrid can be there too. Here are all of the platforms and subscription services you can find us on:

WHERE TO WATCH SPORTSGRID

Under interim head coach Pete Golding, the Ole Miss Rebels take on the Tulane Green Wave in Round One of the College Football Playoff amid coaching changes.

Ole Miss vs. Tulane Game Analysis: Who Will Dominate?

Miami faces Texas A&amp;amp;M at Kyle Field in Round One of the College Football Playoff, analyzing their balance on offense and defense to spotlight key game dynamics.

Can Miami Overcome Texas A&M at Kyle Field in Round One?

Joe Lisi and Terry Bowden discuss whether Ole Miss can aim for a national title after Lane Kiffin departed for a hefty contract in Baton Rouge, Louisiana.

Ole Miss After Lane Kiffin: National Title Possibilities?

CATCH UP

DraftKings introduces a prediction market in 38 states, letting users bet. For more legal analysis across the gaming industry, check out Legal Sports Report.

sportsbook news,legalization,state by state,operators,LSR,sports

twitter:card

DraftKings Launches Prediction Markets in 38 States

twitter:title

twitter:description

https://sg-images-bucket.nyc3.cdn.digitaloceanspaces.com/thumnbail-webp/video/138165-1920x1080.webp

twitter:image

thumbnail

expires

og:type

og:image

og:image:type

og:image:width

og:image:height

og:image:secure_url

article:published_time

article:modified_time

https://sg-videos-bucket.nyc3.cdn.digitaloceanspaces.com/videos/44389036754-DIRTY-hdtv.mp4

og:video

og:video:width

og:video:height

https://www.sportsgrid.com/general/video/draftkings-launches-prediction-markets-in-38-states-1

og:url

og:video:type

In November, sports betting in Pennsylvania reached a $991M handle. For more legal analysis across the gaming industry, check out Legal Sports Report.

Pennsylvania Sports Betting Hits $991M in November

Discussion on Kalshi's controversial new betting market predicting NCAA student athletes' transfer decisions, triggering debates on sports betting ethics.

Controversy Rises Over Betting on NCAA Transfer Portal

DraftKings officially launches prediction market services in 38 states, offering an alternative to sports betting in states like California and Texas.

36% of U.S. view increase in betting negatively, due to fears of addiction. For more legal analysis across the gaming industry, check out Legal Sports Report.

Evolving Attitudes Toward Sports Betting in the U.S.

Crypto.com pulls out of some U.S. states amid increasing legal challenges and scrutiny of prediction markets, potentially escalating to the Supreme Court.

Crypto.com and U.S. Prediction Markets Face Legal Scrutiny

Arizona's Gaming Dept issued a violation notice to Underdog, enhancing oversight in fantasy sports and prediction markets. We break down the latest here.

Arizona Clamps Down on Fantasy Sports and Prediction Markets

Crypto.com withdraws from sports markets in multiple states, due to legal pressures and state gambling laws. Major NFL and NBA updates also discussed.

Crypto.com Exits Prediction Markets in Several States

As 2025 draws to a close, top betting companies like FanDuel and DraftKings face challenges, with bans in some states jeopardizing their licenses going forward.

Impacts of State Bans on Sports Betting Prediction Markets

New York and New Jersey are considering bans on microbetting for sports, which could alter future betting habits in the tri-state area, specifically live odds.

New York and New Jersey Consider Banning Microbetting

Prediction Market HQ

CFB Transfer Portal Home Page

College Football Playoff Center

CFB Bowl Games This Week

Where to Watch Live Sports

https://dvoddu1zuaybw.cloudfront.net/sportsgrid.png

SportsGrid

One of the biggest sports betting operators has decided officially not to say they're gonna join the space, but to launch their prediction market app. So let's talk about that and what it could mean in some states that actually have regulated sports betting. Yeah, DraftKings announced today that it's going to launch prediction markets in 38 total states, which is pretty much the same number that they have a legal sports book in, and they're going to go into 17 states specifically with sports event contracts. Of course, prediction markets aren't just limited to sports, you know, as a matter of fact, they kind of started off not being in sports where you could offer, uh, you know, things on. On the outcome of the Whether the awards, different. that earlier this year, sports prediction markets emerged out of the space, giving companies like DraftKings, uh, an avenue to reach states like California and Texas where sports betting remains illegal. Uh, it's going to be there first just with spreads and alternate spreads, and then traditional game winner money line betting options on the NBA, NFL, uh, and college basketball in the NHL to start. So that's different from. Platforms like Calhi and Polymarket, which have already expanded into other sports like boxing, uh, and I'm told from a source that, you know, if this goes well for, for, for DraftKings, uh, they're going to expand with more sports and potentially more options down the road. It comes after Fanatics made a similar move last month to launch specifically in states where it cannot offer sports betting, and the product looks and feels very similar to sports betting, but at a much more kind of limited phase right now, uh, comes as multiple. States have threatened companies like DraftKings, companies like FanDuel, that if you offer sports prediction markets in any state, not just in our state, uh, we might revoke your sports betting license. And earlier this week we talked about that happening with Underdog in Arizona, which lost its fantasy license for offering a sports event contracts. So, it seems like this kind of gray regulated industry, which looks like sports betting but isn't. According to a lot of people, is here to stay right now as multiple states challenge it in courts, but, you know, those lawsuits are taking up a long time. Meanwhile, the CFTC, which a lot of companies say is in charge of this thing, uh, really has not done much, uh, and it does not look like we'll really interfere with this. So, uh, we now have this landscape of where these companies, these sports betting companies like DraftKings are going in and launching this product, um, reaching states like California and Texas again. Uh, with basically a sports book, um, that's not regulated like a sports book, so it'll be really interesting to see how this reshapes the whole industry going in the next year, right?

DraftKings Launches Prediction Markets in 38 States

Sports Betting

Sportsbook Promos

Social Casinos