BetRivers Parent Linked To Prediction Markets Applications

Rush Street Interactive appears to be preparing a path into prediction markets, adding the BetRivers parent to the growing list of gambling companies exploring event-contract trading.

Commodity Futures Trading Commission filings point to a company linked to RSI laying the groundwork for a prediction markets platform. Public CFTC records show Eventive III, LLC has a pending Designated Contract Market (DCM) application dated May 20, 2026. A separate CFTC filing shows Eventive IV, LLC has a pending Derivatives Clearing Organization (DCO) registration dated May 1, 2026. Industry reports have linked the Eventive entities to RSI, although RSI has not publicly announced a prediction market product or launch timeline.

A DCM is the exchange side of the business, while a DCO handles clearing. That matters because the CFTC says a prediction market that offers event contracts in the form of swaps or futures contracts to the public must register as a DCM. In its June proposed rulemaking, the CFTC defined prediction markets as CFTC-registered DCMs or swap execution facilities that offer event contracts for trading.

BetRivers parent exploring new products with core business stable?

For RSI, the move would not necessarily mean an immediate expansion of its core business. The company reported a record first quarter in May, with revenue up 41% year-over-year to $370.4 million, net income up 134% to $26.2 million and adjusted EBITDA up 81% to $60.2 million.

RSI also raised full-year 2026 guidance, with revenue now expected between $1.49 billion and $1.54 billion.

The BetRivers parent would be the latest sports betting operator to enter the predictions business. DraftKings, Fanatics, and FanDuel all entered the prediction markets industry in December 2025 with their own platforms.

Federal prediction market rules remain unsettled

The regulatory outlook for prediction markets is still evolving. The CFTC is currently taking comments on proposed rules that would clarify how certain event contracts, including those involving gaming and other sensitive categories, could be reviewed as contrary to the public interest. Comments are due July 27.

Although RSI appears to be securing the regulatory infrastructure it would need to compete in prediction markets, there is no clarity on whether or when a product will reach the market. The filings do not identify specific contracts, sports markets or a launch date.