Flutter Entertainment’s FanDuel brand has become the latest US sportsbook operator to launch prediction markets, initially in five US states.
Developed in partnership with derivatives marketplace CME Group, FanDuel Predicts gives customers the ability to trade on the day’s biggest stories across financial indicators, cultural moments and sports.
The new platform is initially live in Alabama, Alaska, South Carolina, North Dakota and South Dakota, with a phased expansion to other states planned for early 2026.
The platform will offer event contracts in all 50 states on benchmarks such as the S&P 500 and Nasdaq-100, prices of oil and gas, gold, cryptocurrencies, and key economic indicators such as GDP and CPI.
In addition to financial markets, sports event contracts will be available across baseball, basketball, football, and hockey in states where online sports betting is not yet legal, except on tribal lands.
As new states legalise online sports betting, FanDuel Predicts will cease offering sports event contracts in those states.
“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,” said James Cooper, senior vice president, Flywheel and New Ventures at FanDuel. “This launch in five states will provide valuable insights into customer engagement with this new platform, enabling us to refine our approach as we expand to additional states in 2026.”
CME Group president and chief financial officer Lynne Fitzpatrick commented: “CME Group prediction markets will enable a new generation of users to express their views on global benchmarks, economic indicators, sports and more.
“This launch is a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the US.”
Shares in FanDuel parent Flutter Entertainment Inc (NYSE:FLUT) closed 0.84 per cent higher at $223.97 per share in New York Monday.