FanDuel and CME Group Launch Predicts Trading Platform


FanDuel has launched FanDuel Predicts in partnership with CME Group, introducing a new digital platform that allows users to trade event-based contracts linked to financial, cultural and sports outcomes. The product has gone live initially in Alabama, Alaska, South Carolina, North Dakota and South Dakota, with a phased national rollout planned through early 2026 as part of FanDuel’s broader igaming and interactive products strategy.

FanDuel Predicts is available as a standalone mobile application on Apple App Store and Google Play. The platform enables customers to buy or sell event contracts priced between $0.01 and $0.99 by selecting “Yes” or “No” on whether a specified event will occur. The product integrates FanDuel’s existing Know Your Customer processes, requiring users to submit personal identification details, including date of birth, Social Security number, address, banking information and government-issued identification.

The platform offers contracts across all 50 states on a range of financial benchmarks, including the S&P 500 and Nasdaq-100 indices, commodities such as oil, gas and gold, cryptocurrencies, and economic indicators including GDP and CPI. In addition, sports-related contracts are available in certain states where online sports betting has not yet been legalised, excluding tribal lands. FanDuel has stated that sports event contracts will be withdrawn in states once online sports betting becomes legal, aligning the product with evolving regulatory frameworks that govern igaming and wagering activity.

CME Group’s involvement supports the structuring and operation of the event contracts, drawing on its experience as a derivatives marketplace. The collaboration reflects a growing intersection between igaming-adjacent products, financial markets and consumer-facing trading-style applications.

FanDuel has indicated that consumer protection measures form part of the Predicts rollout. At launch, users are able to set deposit limits, receive deposit alerts and self-exclude, with access to mental health support services provided by Kindbridge Behavior Health. These controls mirror responsible play tools increasingly standard across regulated igaming platforms in the United States.

The launch of FanDuel Predicts represents an expansion of FanDuel’s product ecosystem beyond traditional sports betting and casino offerings, as igaming operators and financial market participants explore new formats for regulated, event-driven consumer engagement.

“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,” said James Cooper, Senior Vice President, Flywheel and New Ventures at FanDuel. “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 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, CME Group. “This launch is a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the U.S.”

Published on:
Categories
Prediction Markets Sports Betting