FanDuel and CME Group launch FanDuel Prediction Markets in five US States

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FanDuel Predicts

FanDuel and CME Group have launched a new prediction market platform, FanDuel Predicts, beginning with a phased rollout in Alabama, Alaska, South Carolina, North Dakota, and South Dakota.

The companies said the national rollout will continue over the coming weeks and into early 2026.

FanDuel is an online gaming company in North America and a subsidiary of Flutter Entertainment, while CME Group operates the world’s largest derivatives marketplace.

According to the companies, FanDuel Predicts is designed to give US customers access to a range of financial and sports-related event contracts.

The new mobile application allows users to express views on outcomes tied to financial indicators, cultural events, and sports.

FanDuel Predicts is available through the Apple App Store and Google Play.

The platform incorporates FanDuel’s existing “Know Your Customer” process, requiring users to provide personal identification details, including a government-issued ID, Social Security number, and banking information.

Once an account is created, customers can buy or sell event contracts priced between $0.01 and $0.99. Users select “Yes” if they believe an event will occur or “No” if they believe it will not.

The platform will offer financial event contracts nationwide, including benchmarks such as the S&P 500 and Nasdaq-100, commodities such as oil, gas, and gold, cryptocurrencies, and economic indicators including GDP and CPI.

Sports-related contracts will also be available for leagues including baseball, basketball, football, and hockey in states where online sports betting has not yet been legalized, with the exception of tribal lands. FanDuel said it will discontinue sports event contracts in states once online sports betting becomes legal.

James Cooper, Senior Vice President of Flywheel and New Ventures at FanDuel, said the platform is intended to broaden how customers interact with news and events.

“We’re giving our customers a new platform to engage with the world around them – whether that’s the next Fed rate decision or a sports event,”

Cooper said. “This launch in five states will provide valuable insights into customer engagement with this new platform, enabling us to refine our approach as we expand to additional states in 2026.”

CME Group said the partnership extends its reach to a broader consumer audience.

“CME Group prediction markets will enable a new generation of users to express their views on global benchmarks, economic indicators, sports and more,” said Lynne Fitzpatrick, President and Chief Financial Officer of CME Group.

“This launch is a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the US.”

FanDuel stated that consumer protection measures will be incorporated into the FanDuel Predicts app. At launch, customers can set deposit limits, receive deposit alerts, or self-exclude from the platform. Mental health support services will be provided through Kindbridge Behavioral Health.

The companies said the rollout of FanDuel Predicts will continue to additional states through early 2026.

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