Flutter Entertainment’s FanDuel subsidiary announced the launch of its FanDuel Predicts prediction‑market platform on December 22, 2025. The platform, built in partnership with CME Group, is now available in Alabama, Alaska, South Carolina, North Dakota, and South Dakota. Users can trade contracts on a wide range of events—from financial indicators to sports outcomes—through a mobile app on the Apple App Store and Google Play.
The launch represents a strategic pivot for Flutter, which has long sought to diversify beyond sports betting. By entering the prediction‑market space, FanDuel can tap into a new customer base in states where traditional wagering is still prohibited, while leveraging its existing 17 million U.S. users. The partnership with CME Group gives FanDuel access to a broad catalog of event contracts and the infrastructure needed to manage settlement and compliance.
Prediction markets are attracting a growing cohort of competitors, including DraftKings, Fanatics, and Coinbase’s Kalshi partnership. The sector also faces regulatory uncertainty, as some states are debating whether such markets constitute gambling. FanDuel’s integration of its Know‑Your‑Customer verification process and its existing consumer‑protection tools—deposit limits, alerts, and self‑exclusion—position the platform to meet both federal and state compliance requirements.
James Cooper, FanDuel’s Senior Vice President, said the platform “gives customers a new way to engage with the world around them—whether that’s the next Fed rate decision or a sports event.” He added that the initial rollout will provide data on user engagement that will inform expansion into additional states in early 2026. Lynne Fitzpatrick, President and CFO of CME Group, described the launch as “a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the U.S.”
The announcement was met with a positive market reaction, reflecting investor confidence in Flutter’s diversification strategy and the growing appeal of prediction markets.
Flutter plans a phased rollout that will extend to more states in early 2026, aiming to capture a broader share of the prediction‑market audience. The move underscores the company’s broader strategy to reduce reliance on sports betting and to capitalize on emerging opportunities in financial and cultural event trading.
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