DraftKings missed Q2 2026 earnings as prediction markets like Polymarket captured 27% of U.S. sports betting volume during the World Cup.
DraftKings missed Q2 as prediction markets captured 27% of U.S. sports betting; Polymarket volumes show crypto platforms operate at scale without state licensing overhead. Blockchain settlement infrastructure has become production-grade; regulatory oversight will tighten but won't reverse the structural cost advantage of decentralized financial execution.
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Via sportsgrid.com
Crypto-native platforms like Polymarket are pulling users away from traditional sports betting operators, and the numbers are starting to show it.
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DraftKings reported second-quarter sales and earnings that fell short of analyst expectations. Prediction markets, once a niche corner of the betting world, are now big enough to move the needle for a publicly traded company.
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