FanDuel has launched its new prediction market platform in five US states in collaboration with CME Group. People in Alabama, Alaska, North Dakota, South Dakota, and South Carolina can now access FanDuel Predicts.
markets where FanDuel doesn’t currently offer any traditional sports betting
These are markets where FanDuel doesn’t currently offer any traditional sports betting. The platform will be available in more states in early 2026 as part of a phased rollout.
Users will have access to prediction markets for sports, financial markets, and key economic indicators. Talking about the launch, CME Group Chief Financial Officer Lynne Fitzpatrick said it’s “a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the U.S.”
Piper Sandler analysts believe that CME could earn $300m in revenue from this joint venture if FanDuel Predicts reaches the volume of Robinhood through its Kalshi partnership.
FanDuel is the latest traditional sportsbook operator to enter the prediction market space in recent weeks. Fanatics Markets is now live in 24 states and DraftKings Predictions in 38 states, although sports contracts are not available in states where the latter already has a sportsbook.
These online gambling operators are playing catch-up with Kalshi, which has exploded in popularity since launching sports markets in January.
