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Nevada commission warns Flutter over FanDuel prediction markets

Regulation

Nevada Gaming Commission members raised concerns about FanDuel’s proposed prediction-market activity during an August 21 meeting, warning that it could conflict with state law. Flutter legal counsel Erica Okerberg said the company had not decided which contracts it might offer, or where and when; she said the CME Group partnership remained exploratory. FanDuel also said it had no current plan to partner with Kalshi.

Nevada’s warning puts FanDuel’s proposed event contracts under scrutiny before the company decides where to offer them.

End-of-day close Flutter (FLUT), USD, to 6 October 2025
Story date8 July 20256 October 2025

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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