FanDuel and DraftKings Exit the American Gaming Association Over Disputes on Prediction Markets

^{Photo: Jason Robins, CEO of DraftKings}

FanDuel and DraftKings, two of the largest U.S. betting operators, have withdrawn from the American Gaming Association (AGA), Gambling News reports.

The split stems from strategic disagreements over prediction markets — platforms that allow wagering on the outcomes of sporting events and are regulated by the Commodity Futures Trading Commission (CFTC) rather than traditional gaming regulators.

According to sources, the AGA conducted a review of the rapidly expanding prediction-market sector and concluded that the strategic direction of FanDuel and DraftKings was no longer aligned with the association’s stance.

Both companies said their decision was driven by an assessment of future products and their relevance to market trends.

FanDuel noted that its work with prediction markets does not align with the AGA’s current position. DraftKings cited similar reasons, including preparations to launch its own exchange-style platform approved by the CFTC.

The move signals the bookmakers’ intent to expand into a federally regulated prediction-market space. The departure of two key members is likely to allow the AGA to take a tougher stance toward such platforms, which it argues operate without adequate safeguards, tax obligations, or regulatory oversight.

Gambling Park Reference: the American Gaming Association (AGA) is the largest industry organization representing the legal gambling sector in the United States. Founded in 1995, it includes casino operators, technology providers, sportsbooks, and related businesses. The AGA engages in congressional lobbying, responsible-gaming standards, market analysis, industry advocacy, and the promotion of unified rules across the sector.