DraftKings Predict Withdrawn From NFA Pending Member List

DraftKings’ prediction market venture appears to have hit a pause. The entity known as DraftKings Predict, once listed as a pending member with the National Futures Association (NFA), is no longer on the association’s site.

Good to know

• DraftKings Predict is no longer listed as a pending member with the National Futures Association.
• The exact reason behind the withdrawal hasn’t been made public, however it looks the company wants to avoid to get into any troubles considering current dynamics in the prediction markets.
• DraftKings has not ruled out entering the prediction market space in the future.

Just days ago, reports surfaced showing the DraftKings-linked operation listed under the NFA, the self-regulatory organization that oversees derivatives markets, including sports event contracts. Now, that listing is gone, and there’s no clear explanation why.

According to the NFA’s website, DraftKings Predict has been removed from the pending member list. Whether the decision came from DraftKings or the NFA remains unclear, but the change adds uncertainty around the company’s potential entry into the prediction markets sector.

Waiting for the Right Moment

While DraftKings Predict has stepped back from the NFA process, the parent company hasn’t ruled out launching its own prediction platform at some point.

A spokesperson for DraftKings shared that the company is still weighing its options.

“DraftKings continues to monitor developments related to prediction markets as an emerging product that reflects evolving consumer engagement and warrants thoughtful consideration,” the company said in a statement to Covers.

Prediction markets could offer DraftKings a wider playing field. Traditional sports betting is only allowed in states where it’s been legalized, but prediction markets—especially if backed by regulators like the Commodity Futures Trading Commission—could allow operators to serve users in all 50 states.

Several platforms, including Kalshi, are already trying to expand through this model. DraftKings’ brief connection to the NFA sparked speculation that it could be next in line to enter the space. The sudden disappearance of DraftKings Predict from the pending member list throws cold water on those expectations, at least for now.

It’s unclear whether DraftKings will pursue NFA membership again or look at alternative ways to enter the market. For now, the company is happy to observe how regulators, lawmakers, and competing platforms are reacting thereby avoiding to get into any troubles that might spill over in the longer term.