FanDuel launched its Predicts platform in Alabama, Alaska, South Carolina, North Dakota and South Dakota in partnership with CME Group, according to a report. Users can trade event contracts priced from $0.01 to $0.99, and FanDuel plans a phased expansion to additional states. Sports contracts are to be withdrawn where online sports betting becomes legal, except on tribal lands.
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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.
FanDuel and DraftKings launched prediction-market platforms in the US in December 2025, according to reports. DraftKings Predictions began on 19 December and offers sports event contracts in 38 states; FanDuel Predicts launched on 22 December in a five-state pilot with CME Group. Coinbase filed lawsuits against Connecticut, Michigan and Illinois on 19 December, seeking to establish federal CFTC jurisdiction over prediction markets.
Flutter Entertainment is one of 10 stocks recommended for investors to own in 2026 by a financial publication, according to the report. It is the only gaming company on the list; shares were down 14% in 2025, and an analyst said FanDuel Predicts was expected to launch imminently.
FanDuel and DraftKings are pursuing prediction-market products in the US, while investors remain cautious amid legal and regulatory uncertainty, the report says. DraftKings’ app is expected to launch across 38 states; FanDuel may follow. The report says DraftKings’ product operates under Commodity Futures Trading Commission oversight and routes trades through regulated exchanges.
CME Group filed to self-certify multi-leg Super Bowl event contracts with the US Commodity Futures Trading Commission, which oversees prediction markets, according to the filing described in the report. The contracts could become available on DraftKings and FanDuel platforms, with availability dependent on the filing process and the intended offering date.