FanDuel said it is partnering with Crypto.com and its OG Prediction Markets exchange to expand FanDuel Predicts in the US. The offering will add sports, entertainment and combination event contracts, alongside existing contracts from CME Group, with products expected to appear this week as the World Cup begins.
The partnership adds new contract categories to FanDuel Predicts’ US offering.
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Sports Entertainment Gaming Global (SEGG) said it plans to launch prediction markets through its Sports.com brand in partnership with Polymarket. Polymarket will provide the technology under an initial agreement running until 30 June 2029, while SEGG will receive a share of fees on event contracts traded.
High Roller Technologies announced a definitive agreement with Crypto.com to make Crypto.com prediction contracts available to users of HighRoller.com. The product has not launched; the companies said further details on the product and launch timing would follow.
The NFL wants stronger regulation of potential prediction market partners, citing CNBC. NFL commissioner Roger Goodell has said the league will take its time over such partnerships.
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.
FanDuel is shifting its sports and novelty prediction markets from CME Group to Crypto.com, outgoing Flutter CEO Peter Jackson said on an analyst call on 5 August. CME retains the financial derivatives business.