CME files to list football combo contracts for FanDuel and DraftKings markets
CME Group filed with the Commodity Futures Trading Commission to list multi-leg football championship combo contracts, which could give FanDuel and DraftKings prediction-market platforms sports products in states where traditional sports betting is illegal. The proposed contracts combine a game winner, a player touchdown and a game-total outcome; CME used self-certification, under which the contracts may be listed unless the agency intervenes.
The filing could expand the platforms’ reach with sports-event products outside states where their sportsbook operations are licensed.