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      FanDuel and CME Group Launch FanDuel Predicts Prediction Markets Platform in Five U.S. States

      Published: just now

      cme group fanduel headline image

      FanDuel and CME Group have launched FanDuel Predicts, a new prediction markets platform that allows customers to trade event-based contracts linked to financial markets, economic indicators and sports outcomes.

       

      The mobile application has launched initially in Alabama, Alaska, South Carolina, North Dakota and South Dakota, with a phased expansion to additional states planned through early 2026.

       

      FanDuel Predicts enables users to express views on major headlines by buying or selling event contracts priced between $0.01 and $0.99. Contracts are structured as simple “Yes” or “No” positions on whether a specific outcome will occur, covering areas such as equity indices, commodities, cryptocurrencies, macroeconomic data and sporting events.

       

      The platform integrates FanDuel’s existing Know Your Customer (KYC) onboarding process, requiring users to submit personal identification details, including date of birth, Social Security number, address, banking information and government-issued identification.

       

      Financial market contracts will be available nationwide across benchmarks including the S&P 500 and Nasdaq-100, energy prices, gold and key economic indicators such as GDP and CPI. Sports-related event contracts will be offered in states where online sports betting remains illegal, excluding tribal lands. As individual states legalise online sports wagering, FanDuel Predicts will withdraw sports contracts in those jurisdictions.

       

       

      "We're giving our customers a new platform to engage with the world around them — whether that's the next Fed rate decision or a sports event."

      — James Cooper
      Senior Vice President, Flywheel and New Ventures, FanDuel

       

      "CME Group prediction markets will enable a new generation of users to express their views on global benchmarks, economic indicators, sports and more."

      — Lynne Fitzpatrick
      President and Chief Financial Officer, CME Group

       

      FanDuel said the initial launch will be used to assess customer engagement and inform product development ahead of wider expansion in 2026. 

       

      The company also confirmed that its consumer protection framework will extend to FanDuel Predicts. Users will have access to deposit limits, deposit alerts and self-exclusion tools, with mental health support services provided through Kindbridge Behavioral Health.

       

      FanDuel operates across all 50 U.S. states with approximately 17 million customers, while CME Group is the world’s largest derivatives marketplace, offering futures, options and clearing services across major global asset classes.

       

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