FanDuel and CME Group Launch Prediction Markets Platform in December

FanDuel and CME Group have announced the launch of a new prediction markets platform through the FanDuel Predicts app, set to go live in December 2025. This partnership aims to expand access to financial markets for millions of customers in the United States. The app will provide access to sports event contracts across baseball, basketball, football, and hockey. 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 sporting events.

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. FanDuel will extend its industry-leading consumer protection program to the FanDuel Predicts app, empowering customers to trade responsibly with tools to help manage exposure, track spending and make informed trading decisions.

When customers sign up for FanDuel Predicts, they will undergo FanDuel’s thorough “Know Your Customer” sign up process providing information including 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. This groundbreaking alliance combines FanDuel's market-leading customer experience and mobile technology with CME Group's 100+ year expertise in derivatives and risk management, creating a unique platform that bridges entertainment and financial markets.