Overview
- FanDuel Predicts is set to debut next month through a CME partnership, listing event contracts on major U.S. sports plus benchmarks such as the S&P 500, oil, gold and cryptocurrencies.
- Sports contracts will be available only in states that lack legal online sports betting and not on tribal lands, with availability ending in any state that later legalizes online wagering.
- Nevada’s Gaming Control Board accepted FanDuel parent Flutter’s license surrender and DraftKings’ application withdrawal, saying the companies intend to engage in unlawful sports event contracts.
- The product will operate under CFTC oversight via CME’s regulatory registrations, and will require KYC with SSN, ID and banking details, along with deposit limits, alerts and self‑exclusion tools.
- DraftKings plans a competing predictions platform in the coming months after acquiring Railbird and applying to join the NFA, as nearly two dozen state and tribal lawsuits over sports contracts continue toward potential 2026 resolution.