DraftKings Expands into Prediction Markets with Polymarket Partnership and Railbird Acquisition

DraftKings is strategically entering the prediction markets by partnering with Polymarket as a clearinghouse and acquiring Railbird. This dual move aims to diversify revenue streams and enhance user experience in the evolving online betting landscape. The collaboration with Polymarket is expected to build trust and accessibility in prediction markets, positioning DraftKings as a key player in this growing sector.