DraftKings Moves into Prediction Markets by Buying Railbird
DraftKings has bought Railbird Technologies Inc. and its subsidiary Railbird Exchange, taking a big step into the regulated prediction market world. DraftKings Railbird Technologies Inc. Railbird Exchange DraftKings Uses Railbird’s CFTC License to Create Event-Trading App The Boston-based gaming company shared the news on Tuesday, highlighting that Railbird’s tech and federal licenses will be the…
