DraftKings (NASDAQ:DKNG): Fantasy sports and betting company DraftKings (NASDAQ:DKNG) rose by 5.7% on Wednesday after the company disclosed significant growth in its Predictions platform for the month of May.

Key Points Interested in DraftKings Inc.? Here are five stocks we like better. DraftKings' June 9 SEC filing revealed its Predictions platform reached $3.1 billion in annualized total volume traded, up 34% from April.

DFS Millionaire Mike McClure reveals his daily Fantasy baseball picks, MLB DFS lineups for DraftKings and FanDuel

Looking ahead, DraftKings’ stated goal is to have the super app framework live nationwide, effectively covering all 50 states, but with the mix of products inside the app varying by local law. Shares of DraftKings ( DKNG) were up 1.4% in premarket trading on Tuesday.

DraftKings continues to lead the way in live betting by delivering innovative ways for fans to engage with the game as it happens,” said Corey Gottlieb, chief product officer

The news shows accelerating DraftKings Predictions engagement: annualized consumer trading volume +24% MoM to $1.3B and total volume +34% to $3.1B. That’s the clearest near-term proof the platform is gaining users,

(WFRV) — The answer, in a nutshell, is no. The key feature of DraftKings is the ability to place online sports bets in the app, which is illegal in Wisconsin, despite almost every surrounding state having legalized it (save for Minnesota).

Our sharps provide a thorough DraftKings sportsbook review for online sports bettors eager to discover what the Crown has in store for them before signing up.