Flutter teams with CME Group as analysts assess prediction markets
Flutter announced a partnership with CME Group, and analysts discussed the implications for prediction markets, according to the report. Analysts said the products could present an opportunity for Flutter and DraftKings, while warning that regulated operators should consider relationships with regulators and existing partners. Fitch said a planned $525 million sale of non-gaming assets by Empire Resorts would be positive for its credit profile if completed.
The analysts’ views highlight potential opportunities and regulatory and partner risks for operators considering prediction markets.