FanDuel and CME Group Launch FanDuel Predicts in Five US States

FanDuel and CME Group Launch FanDuel Predicts in Five US States

Following their alliance announced in August and earlier confirmation that sports Event Contracts trading would launch in December, online gaming company FanDuel and derivatives markets operator CME Group have officially launched FanDuel Predicts.

The FanDuel Predicts app is initially live in five U.S. states, Alabama, Alaska, South Carolina, North Dakota, and South Dakota, with a phased rollout planned across additional states in the coming weeks. The companies said the platform is here to broaden access to both financial and sports-related event contracts for U.S. users over the coming months.

The launch places FanDuel and CME Group directly into the expanding prediction markets space, where competition is increasing. Kalshi has already gained attention in this segment, with Robinhood building its own event contracts offering on Kalshi’s infrastructure. CME rival Cboe is also moving into event-based trading, recently appointing former tastytrade President JJ Kinahan to oversee alternative investment products aimed at retail participants. At the same time, FanDuel’s gaming rivals, including DraftKings, are also exploring prediction market products.

FanDuel and CME Group Launch FanDuel Predicts in Five US States

FanDuel Predicts allows users to express views on current financial indicators, cultural topics, and sports events. The mobile app is available through the Apple App Store and Google Play. Registration uses FanDuel’s existing Know Your Customer process, requiring users to submit personal and identity information, including a government-issued ID.

Once registered, customers can buy or sell event contracts priced between $0.01 and $0.99 by selecting “Yes” or “No” on whether a specific outcome will occur.

The platform plans to offer event contracts nationwide on benchmarks such as the S&P 500 and Nasdaq-100, energy prices, gold, cryptocurrencies, and economic data including GDP and CPI. Sports-related contracts will be available in states where online sports betting is not legal, excluding tribal lands. As states legalize online sports wagering, sports contracts will be removed in those jurisdictions.

CME Group President and Chief Financial Officer Lynne Fitzpatrick said the launch allows prediction markets to reach a broader retail audience through FanDuel’s user base. FanDuel Senior Vice President James Cooper added that the initial rollout will help assess customer engagement ahead of further expansion planned into early 2026.

FanDuel also confirmed that responsible gaming tools, including deposit limits, alerts, self-exclusion options, and access to mental health support through Kindbridge Behavioral Health, will be available within the FanDuel Predicts app.

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