FanDuel is preparing to widen its footprint in the U.S. by entering a sector that blends trading with entertainment. Through a new partnership with CME Group, the company will introduce FanDuel Predicts, a standalone mobile application designed to give millions of users the ability to trade event contracts tied to sports, financial benchmarks, commodities, and major economic indicators. The app is scheduled for release in December, pending required regulatory approvals.
A New Channel for Trading Sports and Market Outcomes
The platform marks a major step into prediction markets for FanDuel, part of Flutter Entertainment, and CME Group, which holds a century of experience in derivatives and risk management. According to the initial announcement, users will be able to participate in event contracts involving football, basketball, baseball, and hockey. Sports contracts will be limited to states that have not yet legalized online sports betting, and these offerings will end in any state that later adopts online wagering.
FanDuel and CME Group also plan to provide contracts based on a broad set of financial measures, including the S&P 500, Nasdaq-100, energy commodities like oil and gas, gold, cryptocurrencies, and headline economic indicators such as GDP and CPI. These markets will be available nationally, wherever permitted by regulators.
FanDuel CEO Amy Howe expressed enthusiasm for the venture, stating, “We can’t wait to bring FanDuel’s proven approach to market innovation into this dynamic sector. Our partnership with CME Group allows us to leverage their deep market expertise built over decades while delivering the seamless, accessible experience our customers expect.”
CME Group Chairman and CEO Terry Duffy added that the new offering will broaden participation in market-based decision-making: “Our new event contracts on benchmarks, economic indicators and now sports will appeal to a new generation of potential participants who are not active in these markets today.”
Customer Protections and Sign-Up Requirements
FanDuel Predicts will incorporate the company’s existing consumer protection protocols. Users will have access to educational materials explaining how prediction markets function, along with tools to manage deposits, track activity, and set spending limits. Customers may also self-exclude, mirroring protections already in place across FanDuel’s suite of products.
Account creation requires FanDuel’s standard Know Your Customer process. New users must provide personal information including a birth date, Social Security number, home address, banking details, and a valid form of identification. Once verified, traders can buy or sell event contracts priced between $0.01 and $0.99.
Competitive and Regulatory Landscape
FanDuel’s move into prediction markets follows similar developments across the industry. As competitors like DraftKings prepare comparable platforms, major operators are racing to capture audiences in states without legalized online sports betting. Flutter CEO Peter Jackson described the effort as “an immediate growth opportunity,” noting that FanDuel Predicts may help accelerate customer acquisition ahead of future state-level regulation.
But the expansion comes with legal complexities. Several states have warned operators that sports contracts may resemble prohibited sports betting activity, and some regulators have indicated that participation could affect licensing eligibility. In response, FanDuel has adopted a state-specific strategy intended to avoid conflicts with gaming authorities or tribal compacts. This approach also coincides with FanDuel’s decision to surrender its Nevada registration and licensing as it prepares the national rollout of the new platform.
Source:
“FanDuel and CME Group unveil new prediction markets platform to launch in December”, flutter.com, November 12, 2025
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