By SectorWire desk ·
FanDuel will use Crypto.com instead of CME Group for sports and novelty event contracts. Flutter FLUT · USD 75.60 2026-10-16 Data disclosed the change on its earnings call, while CME retains financial derivatives.
The change moves FanDuel’s sports prediction-market supply relationship to Crypto.com.
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Additional US spending will reduce near-term profitability, according to Flutter.
Duffy drew a distinction between CME’s sports contracts and some other prediction-market products.
The order requires confidential review before deciding which documents shareholders may obtain; it does not resolve their allegations.
The licence could increase FanDuel’s control over its prediction market business without authorising it to operate its own designated exchange.
Kalshi’s tribal partnerships and FanDuel’s continuing shift away from CME mark changes in their business relationships.
FanDuel’s licence enables direct event contract brokering and direct economic control of its prediction market operations.