Fanatics reportedly acquired Water Street Labs and CX Clearinghouse to expand its Fanatics Markets offering. The existing offering is powered by Crypto.com.
The acquisitions give Fanatics additional exchange and clearing-house assets for its prediction markets business.
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PrizePicks launched PrizePicks Packs on 21 October in all 50 states and Washington, D.C., and OG.com introduced OG.com Rips eight days later, the companies said. PrizePicks offers packs priced from $1 to $2,500; OG.com offers NFL, NBA, MLB and Pokémon packs. OG.com said its product is not regulated by the CFTC.
PrizePicks launched digital card packs on Oct. 21 across all 50 states and Washington, D.C., followed eight days later by Crypto.com-affiliated OG.com.
Trump Media & Technology Group and Crypto.com have abandoned plans to offer prediction markets, including sports event contracts, on Truth Social. The companies also ended a separate agreement to establish a digital asset treasury company centred on Crypto.com's CRO cryptocurrency. Crypto.com chief executive Kris Marszalek said current market conditions made the proposed ETF and treasury plans unattractive.
Flutter Entertainment said FanDuel Predicts had 140,000 active users in October and recorded $119m in trading volume in the third quarter. The volume was 102% higher than in the second quarter and October volume rose 271% compared with July; chief executive Dan Taylor said the product had become competitive after recent investment and changes.
Flutter Entertainment said FanDuel Predicts had 140,000 active users in October. Flutter also said the product recorded $119m in trading volume in the third quarter, 102% more than in the second quarter. October volume was 271% higher than in July, according to the report.
Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.
Dan Taylor, Flutter's chief executive, told the third-quarter earnings call on 4 November that the coming months should sharpen the company's view of how its prediction market business makes money. At issue is whether FanDuel Predicts can turn a profit by itself, or can only help recruit customers in states that could later permit online sports betting.
The NCAA is joining the Bad Actor Program, run by sports integrity and data firms IC360 and Signify Group, to address online abuse aimed at college athletes and others in college sports. The programme provides participating organisations with intelligence that can support sportsbook bans, exclusion from live events and referrals to law enforcement. The NCAA said it is the first sports governing body to participate.
The NCAA is joining the Bad Actor Program, an initiative run by sports integrity and data intelligence firms IC360 and Signify Group to identify and address online abuse directed at college athletics. The programme provides participating organisations with information that can support accountability, including bans from sportsbooks, exclusion from live events and referrals to law enforcement agencies. The NCAA said it is the first sports governing body to take part in the programme.