DraftKings Prediction Volume Spikes 90% as World Cup Ignites Platform

  • The ongoing World Cup has driven an 87% surge in trading volume on the DraftKings Predictions platform since the tournament kicked off
  • The global soccer event is serving as a massive customer acquisition vehicle, with the number of first-time users on the platform tripling
  • Growth is being heavily fueled by the platform’s newly rolled-out “combos” feature—the prediction market equivalent of a sports parlay—which saw its share of total trading volume surge 40%

As the World Cup rolls into the second round of group play today (June 18), a massive trading tailwind is already lifting prediction market operators—none more so than DraftKings (NASDAQ: DKNG).

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DraftKings Predictions, the company’s prediction market, is deriving big benefits from the World Cup. (Image: Getty)

Just a week into the most prestigious soccer tournament, DraftKings Predictions — the company’s prediction market launched last December — experienced an 87% volume surge since the tournament’s kickoff last Thursday (11 June), according to data furnished by the Boston-based company.

The quadrennial competition is paying dividends for DraftKings Predictions on another front. As expected, the event is serving as major customer acquisition tool for the operator with participation among first-time customers on DraftKings Predictions soaring 3x since the start of the tournament.

DraftKings Predictions doesn’t offer access to sports event contracts in the states in which the company operates online sportsbooks.

No Surprise Here: Combos Contributing to Volume Surge

About a month prior to the start of the World Cup, DraftKings Predictions rolled out “combos”, or prediction market vernacular for parlays. As one of the largest sportsbook operators in the US, the company is well-versed in customer demand of multi-leg bets and the economic benefits of those wagers.

The latter theme is playing out for DraftKings Predictions in the early stages of the World Cup as the yes/no exchange says combos as a percentage of trading volume surged 40% since the start of the tournament.

That jibes with third-party data confirming that in recent months, parlays on prediction markets are becoming an increasing percentage of overall volume with much of that turnover tied to sports event contracts. DraftKings Predictions launched combos around the time the NBA Playoffs started.

“This launch builds on the predictions platform and Super App roadmap highlighted in DraftKings’ Q1 2026 earnings release, with additional rollouts expected in the near future,” said the gaming company in a statement issued at the time.

Don’t Forget About Traditional Sports Betting

While prediction markets are an increasing part of the broader DraftKings growth and investment theses, the company is still part of a US sports wagering duopoly with FanDuel so the World Cup’s impact on DraftKings’ sports betting operations bears monitoring.

Through the early stages, the news is encouraging. While the number of live and legal states is higher today than during the 2022 tournament, DraftKings’ 5x increase in World Cup handle at this stage of the completion is undoubtedly impressive.

The operator said last week’s US/Paraguay and Brazil/Morocco matches were the largest soccer events in company history in terms of both handle and active bettors.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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