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  "path": "/legacy-sportsbooks-are-chasing-prediction-markets-that-already-trade-billions-each-month/",
  "publishedAt": "2026-06-13T10:30:08.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Adoption",
    "Analysis",
    "Community",
    "Exchanges",
    "Featured",
    "Trading",
    "CFTC",
    "draftkings",
    "gambling",
    "Kalshi",
    "Polymarket",
    "prediction markets",
    "sports betting",
    "sportsbooks",
    "Legacy sportsbooks are chasing prediction markets that already trade billions each month",
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  "textContent": "DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The company's Form 8-K reported that May 2026 annualized consumer volume in its Predictions offering rose 24% month over month to $1.3 billion, while annualized total volume traded climbed 34% to $3.1 billion. Shares […]\n\nThe post Legacy sportsbooks are chasing prediction markets that already trade billions each month appeared first on CryptoSlate.",
  "title": "Legacy sportsbooks are chasing prediction markets that already trade billions each month"
}