US industry splits as heavyweights exit trade group over prediction platforms

FanDuel and DraftKings have withdrawn from the American Gaming Association after both operators advanced plans to enter the prediction market sector.

The AGA confirmed the departure on Wednesday, saying the trade body had accepted the request from the two largest US sports-betting operators to “relinquish their membership, effective immediately”.

Their exit follows growing strategic divergence between the companies and the AGA, which represents commercial and tribal casinos, suppliers and other industry stakeholders. 

DraftKings, which plans to introduce a prediction product by early 2026 following its acquisition of Railbird, said it chose to leave the group as part of a broader strategic shift. A company spokesperson said DraftKings’ evolving direction “no longer fully align[s] with the AGA’s direction in certain areas.”

FanDuel also confirmed it is stepping away from the association as it prepares to launch an event-contracts platform in partnership with the federally regulated CME Group.