DraftKings CEO criticizes prediction bets on earnings calls, even as the company bets big on the sector

There is something almost poetic about a prediction market CEO becoming the subject of prediction market bets. That is precisely the situation Jason Robins found himself in ahead of DraftKings’ Q2 2026 earnings call on August 6, and he is not particularly pleased about it. Robins said publicly that he does not think it is good for bettors to be wagering on what executives say during corporate earnings calls. The comments came as traders on Kalshi, one of the leading regulated prediction market platforms, were actively speculating on the contents of his own upcoming call. The market within the market The Kalshi activity offers a case study in how prediction markets have quietly expanded beyond sports and politics into the mundane machinery of corporate America. Traders assigned a 96% probability that Robins would discuss the World Cup on the call, a 68% chance that competition would come up, and a 12% chance that he would specifically name Kalshi. That last market was, in its own way, self-referential: bettors were essentially wagering on whether Robins would acknowledge the very platform they were betting on. Options-implied volatility around the earnings date sat near 10% in eithe...