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Fanatics withdraws from American Gaming Association after prediction markets launch

Business

Fanatics withdrew its membership from the American Gaming Association after launching Fanatics Markets on 3 December. The company said it disagrees with the association’s position on prediction markets; its sports-related contracts are available in 24 states through a partnership with Crypto.com.

Fanatics’ departure widens the split between the trade group and online operators entering sports prediction markets.

End-of-day close DraftKings (DKNG), USD, to 23 January 2026
Story date27 October 202523 January 2026

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