CME Group and FanDuel have announced plans to launch a new U.S.-based prediction markets platform next month under the name FanDuel Predicts, marking a notable collaboration between the world’s leading derivatives marketplace and a major player in online sports entertainment.
According to a joint statement, FanDuel Predicts will go live in December as a standalone app, allowing users to trade on the outcomes of future events — including sports matchups, cryptocurrency prices, oil and gas movements, stock performance, and other key benchmarks.
CME Group; Flutter; FanDuel
A New Category for U.S. Market Participants
Unlike traditional betting platforms, FanDuel Predicts will offer “event contracts,” which are structured as financial instruments rather than wagers. This means the platform could be accessible to users in states where online sports betting remains restricted.
Terry Duffy, CME Group Chairman and CEO, said the partnership aims to open new doors for users who have not traditionally engaged with financial markets.
“Our new event contracts on benchmarks, economic indicators, and now sports will appeal to a new generation of potential participants,” Duffy said. “This launch will dramatically expand our distribution and reach, connecting directly with FanDuel’s millions of registered U.S. users.”
The partnership signals a growing overlap between finance, sports, and digital innovation, as prediction markets continue to gain legitimacy and mainstream traction.
Competition Heats Up in the Prediction Markets Space
The CME–FanDuel collaboration enters a rapidly evolving market currently led by Kalshi and Polymarket, two platforms that have shaped the industry’s early growth.
Kalshi, a U.S.-regulated exchange, has dominated trading volume in the space, while Polymarket — which recently announced plans to relaunch in the U.S. — has gained attention through partnerships with major brands such as Yahoo Finance. Meanwhile, Robinhood has joined forces with Kalshi to introduce event contracts on sports and policy topics, and both Google and the NHL have reportedly engaged with multiple prediction market platforms.
Adding to the competition, Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has filed for regulatory approval to operate its own designated contract market. According to Bloomberg, Gemini aims to launch its own prediction market products “as soon as possible.”
The Bigger Picture
The emergence of FanDuel Predicts highlights how traditional finance firms and consumer-facing tech brands are converging around the fast-growing prediction economy. For users, this could mean easier access to tools that blend entertainment, economics, and market speculation in one seamless experience.
As the line between gaming, investing, and information trading continues to blur, FanDuel Predicts could help bring event-based markets further into the mainstream — bridging the gap between Wall Street sophistication and everyday curiosity about what’s next.
