DraftKings Sportsbook considering purchase of Railroad Exchange in potential deal
In the ever-evolving world of sports betting, FanDuel and Kalshi are reportedly in discussions about a potential collaboration that could shake up the industry. According to sources, FanDuel is considering partnering with Kalshi to enter the prediction market space.
If the partnership materialises, FanDuel could expand its offerings by integrating prediction markets into its existing sports betting and Daily Fantasy Sports (DFS) products. For Kalshi, the partnership could offer access to FanDuel's large user base and advanced technology infrastructure.
However, it's important to note that neither FanDuel nor Kalshi has officially confirmed the partnership. The discussions reflect a growing trend among major operators to blend traditional wagering products with prediction markets, a trend driven by the popularity of platforms like Kalshi despite regulatory challenges.
Kalshi, which recently secured a $185 million Series C funding round, is currently valued at $2 billion. Despite facing regulatory opposition in several states, the company operates under the oversight of the Commodity Futures Trading Commission (CFTC).
Meanwhile, Michael Savio, a writer based in Denver, has been covering the sports betting industry for over four years. As a writer for All Reviews and Casino.com, Savio's focus is on providing accurate and easy-to-understand information for readers. His passion for sports betting extends beyond his work, as he enjoys betting on sports and exploring Colorado in his free time.
It's worth mentioning that Railbird Exchange, another sports betting platform, has been licensed by the CFTC. However, the current status of Railbird Exchange or DraftKings, another major player in the industry, was not specified in the provided information. DraftKings withdrew its application to launch a sports prediction platform in April 2025.
As the sports betting industry continues to evolve, it will be interesting to see if the potential partnership between FanDuel and Kalshi comes to fruition and how it might impact the market. Stay tuned for updates on this developing story.
Sports betting companies FanDuel and Kalshi are reportedly discussing a potential collaboration that could see FanDuel enter the prediction market space, potentially expanding its sports betting and Daily Fantasy Sports (DFS) offerings if the partnership materializes. For Kalshi, such a partnership could provide access to FanDuel's large user base and advanced technology infrastructure.
