Prediction markets take center stage in latest round of quarterly earnings reports

• Annualized total volume for DraftKings’ predictions platform grew to $11 billion from $2.3 billion between April and July, CEO Jason Robins said.
• Coinbase said that its prediction markets revenue grew 106% on a quarter over quarter basis.
• Robinhood’s event contracts revenue came in at $156 million in the second quarter.

The latest quarterly earnings reports from FanDuel parent Flutter Entertainment, DraftKings and others shone a spotlight on the burgeoning prediction markets industry.

A growing number of companies are introducing their own prediction market platforms or launching partnerships within the space, said Joel Shulman, the CEO of investment firm Entrepreneur Shares.

As competition continues to grow, the latest earnings reports offer a glimpse at how much companies are willing to bet on its prediction platforms.

Source: https://www.cnbc.com/2026/08/07/prediction-markets-take-center-stage-in-latest-quarterly-earnings.html