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FanDuel to Launch FanDuel Predicts in December

Lou Monaco

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Publish Date: Nov 12, 2025

Fact checked by: Sara Jane Gamelli

Key Points

FanDuel announces they will launch their own prediction markets offering - FanDuel Predicts - in December
Will launch as a standalone mobile app providing access to sports event contracts
Nevada Gaming Control Board accepts gaming license withdrawal from FanDuel and DraftKings

One of the biggest sportsbooks in the country took it to another level Wednesday.

FanDuel announced they will launch their own prediction markets offering - FanDuel Predicts - next month.

Pending regulatory approvals, FanDuel Predicts will launch as a standalone mobile app providing access to sports event contracts across baseball, basketball, football, and hockey.

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In late August, CME Group, the world's leading derivatives marketplace, and FanDuel announced an alliance to launch new products and expand access to financial markets for millions of FanDuel customers in the U.S.

Of note, in states where online sports betting is not yet legal, customers who are not on tribal lands will be able to trade event contracts on the outcome of these events. As new states legalize online sports betting, FanDuel will cease offering sports event contracts in those states. In addition to sports, event contracts will be offered on benchmarks such as the S&P 500 and Nasdaq-100, prices of oil and gas, gold, cryptocurrencies, and key economic indicators such as GDP and CPI.

"We can't wait to bring FanDuel's proven approach to product innovation into this dynamic sector," said Amy Howe, CEO at FanDuel in a news release. "Our partnership with CME Group allows us to leverage their deep market expertise built over decades while delivering the seamless, accessible and trusted experience our customers expect."

Similar to their sportsbook app, FanDuel will empower customers to trade responsibly with tools to help manage exposure, track spending and make informed trading decisions. Customers will find educational resources to learn about prediction markets and how to buy and sell event contracts. Customers may also set deposit limits and deposit alerts that apply to all FanDuel products and may self-exclude.

"Our new event contracts on benchmarks, economic indicators and now sports will appeal to a new generation of potential participants who are not active in these markets today," said CME Group Chairman & Chief Executive Officer Terry Duffy. "This launch will dramatically expand our distribution and reach, connecting directly with FanDuel's millions of registered U.S. users."

When an individual signs up for FanDuel Predicts, they will have to provide personal information as they would with a sportsbook or casino account. This includes their birth date, Social Security number, home address, banking information and a valid ID. Once the account is created, they will then be able to buy or sell event contracts ranging in price from as little as $0.01 to $0.99.

Nevada Answers Back

After the announcement, the Nevada Gaming Control Board had an announcement of their own as they accepted the surrender of FanDuel's owner Flutter Entertainment PLC's Order of Registration (gaming license), as well as all related licenses and approvals including those for FanDuel Sportsbooks and its license as a provider of an information service, and granted administrative approval of requests for withdrawal for all active and pending applications.

Chairman Mike Dreitzer sent out the two-page notice to all licensees and interested persons. The Board also granted administrative approval of requests to withdraw all pending applications submitted by DraftKings relative to its interests in sports wagering in Nevada.

DraftKings also will be launching their prediction market product by next month or early 2026.

The Board considers offering sports event contracts to constitute wagering activity under NRS 463.0193 and 463.01962. Wagering occurs whether the contract is listed on an exchange regulated by the Commodity Futures Trading Commission (CFTC) or elsewhere. Examples of event contracts that the Board specifically considers to be wagering subject to its jurisdiction include event contracts based on the outcome, in whole or in part, of any sporting event, or any other event, such as the Super Bowl, the World Series of Poker, the Oscars, Esports, and political elections.

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