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FanDuel, CME Group announce major partnership for event contracts platform

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Publish Date: Aug 21, 2025

Fact checked by: Sara Jane Gamelli

Who could have predicted this?

Flutter-owned FanDuel announced Wednesday a major alliance with Chicago-based CME Group, the world's biggest futures exchange, to launch new products and expand access to financial markets for FanDuel customers here in the United States.

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Expected to launch later this year, both companies will launch a fully funded, event contracts platform where FanDuel subscribers can give their opinions on a wide variety of markets, simply by providing a "yes" or "no" answer for a minimum of $1.

All of the new products will include S&P 500 and Nasdaq-100 benchmarks, oil and gas prices, gold, cryptocurrencies, and key economic indicators such as Gross Domestic Product (GDP) and Consumer Price Index (CPI), with additional offerings to be determined in late 2025-early 2026.

Sports contracts were not mentioned in the official announcement

“Individual investors are increasingly sophisticated and continually pursuing new financial opportunities,” said Terry Duffy, CME Group Chairman and Chief Executive Officer in a news release. “To meet this demand, we have created this innovative partnership, which will operate a non-clearing FCM.

Together, our event-based products will appeal to the growing public interest in markets, and we will provide education to attract a new generation of potential traders not active in derivatives today.”

Both companies will form a new joint venture, under which they will operate a non-clearing futures commission merchant (FCM) that will facilitate access to event-based contracts through FanDuel.

Pending a Commodity Futures Trading Commission (CFTC) regulatory review, event contracts will be listed on and subject to the rules of CME Group exchanges and available through all participating FCMs.

“Partnering with CME Group will unlock our ability to bring even more new and engaging products to FanDuel’s fast-growing customer base,” said Amy Howe, CEO of FanDuel Group. "We believe there is potentially a wide audience for trading event-based markets, and we want to provide a platform that allows our customers to engage in this activity. We are excited to be partnering with CME Group to design new and engaging products, combining innovation with best-in-class regulatory compliance and consumer protections.”

FanDuel Group has a presence across all 50 states with approx

over 17 million customers and 25 retail locations including their largest brick-and-mortar property at The Meadowlands in East Rutherford, N.J. FanDuel's parent company, Flutter, also runs European exchange operator, BetFair, so prior experience is there for the prediction market space.

Federally-regulation prediction companies such as Kalshi are currently fighting legal battles in numerous states (Arizona, Illinois, Maryland, Montana, Ohio, New Jersey, and Nevada) over its sports contract offerings in jurisdictions with legal, regulated sports betting. Other major companies in the space also include Robinhood and Crypto.com.

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