FanDuel surrenders Nevada gaming licences after prediction markets launch plan
FanDuel surrendered its Nevada registration and licences after parent company Flutter announced plans to launch a sports event-contract app with CME Group in December, reportedly. The planned app would offer contracts on sports and other events, subject to regulatory filings; Nevada’s Gaming Control Board considers sports event contracts wagering under state law.
FanDuel’s withdrawal removes its existing Nevada gaming permissions as it prepares to offer sports event contracts.