FanDuel, in partnership with CME Group, officially went live today with FanDuel Predicts, a prediction markets application now available in Alabama, Alaska, South Carolina, North Dakota, and South Dakota. Announced first back in November, this initial deployment aims to begin a phased expansion that will extend to additional states through early 2026.
Sports-related contracts, spanning MLB, NBA, NFL, and NHL outcomes, are restricted to states where regulated online sports betting is not yet legal, with tribal lands excluded. These sports markets will be discontinued in any state upon the legalization of mobile wagering.
This introduction of FanDuel Predicts aligns with DraftKings and Fanatics’ recent actions in the emerging U.S. prediction markets sector, leveraging CME Group’s regulated derivatives framework to deliver sports-adjacent products in unregulated jurisdictions while ensuring nationwide availability for financial contracts.
Lynne Fitzpatrick, President and Chief Financial Officer at CME Group, described the collaboration as an important step in broadening access to prediction markets for FanDuel’s extensive U.S. user base across global benchmarks, economic indicators, and sports.
Account verification adheres to FanDuel’s existing KYC standards, requiring date of birth, Social Security number, address, banking information, and government-issued identification.
James Cooper, Senior VP of Flywheel and New Ventures at FanDuel, noted that the platform provides users with a new mechanism to engage with significant events, ranging from Federal Reserve decisions to sports results. Early data from the five launch states will inform refinements before wider rollout in 2026.
The standalone mobile app, accessible via the Apple App Store and Google Play, permits users to trade yes/no event contracts priced from $0.01 to $0.99. Contracts cover financial benchmarks and economic indicators, including the S&P 500, Nasdaq-100, GDP, CPI, oil & gas prices, gold, and crypto.