Flutter has launched its much-anticipated FanDuel Predicts platform, initially across five states, with a phased expansion in the coming weeks.
It's a move that allows the company behind the nation’s highest-grossing regulated sportsbook to offer sports event contracts and accelerates the rapid growth of prediction markets nationwide.
- FanDuel launched FanDuel Predicts in Alabama, Alaska, South Carolina, North Dakota and South Dakota.
- The move adds the nation’s largest sportsbook operator to the fast-growing prediction market space alongside Kalshi, Polymarket, and others.
- Regulatory uncertainty remains, as states warn prediction markets could threaten existing gaming licenses.
FanDuel Predicts has launched in Alabama, Alaska, South Carolina, North Dakota and South Dakota, which is the start of a phased national rollout over the coming weeks.
The new prediction markets platform will let users place event contracts on football, baseball, basketball, and hockey, the nation’s four most popular team sports, in states where online sports betting is not yet legal, except on tribal lands. The company says that as new states legalize online sports betting, FanDuel Predicts will cease offering sports event contracts in those states.
It will also offer event contracts on financial benchmarks, cryptocurrencies, economic indicators, and a host of other offerings beyond sports.
FanDuel Predicts is partnered with derivatives marketplace CME Group to offer event contracts.
"We're giving our customers a new platform to engage with the world around them - whether that's the next Fed rate decision or a sports event,” said James Cooper, Senior Vice President, Flywheel and New Ventures at FanDuel. “This launch in five states will provide valuable insights into customer engagement with this new platform, enabling us to refine our approach as we expand to additional states in 2026."
“CME Group prediction markets will enable a new generation of users to express their views on global benchmarks, economic indicators, sports and more,” said Lynne Fitzpatrick, President and Chief Financial Officer, CME Group. “This launch is a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the U.S.”
Broader impacts
FanDuel’s prediction market brings another major player into the booming industry.
Parent company Flutter joins Kalshi, Polymarket, Robinhood, and Crypoto.com among high-profile companies to offer prediction markets. U.K.-based Flutter has operated exchange platform Betfair for decades in Europe but now brings America’s most lucrative digital gaming operator into the space.
Key FanDuel sports event contract launch details:
— Ryan Butler (@ButlerBets) November 12, 2025
- FanDuel Predicts will launch standalone mobile app in December
- App will have event contracts for baseball, basketball, football and hockey
- Will be available on non-tribal lands in states where mobile sports betting isn't…
The company is joined by other major online gaming operators including Fanatics, which launched its prediction market earlier this month, as well as DraftKings, Underdog, and PrizePicks.
The push for prediction market expansion by these leading gaming operators underscores the revenue potential for sports event contracts, which enable users to buy and sell shares based on a game outcome or a player’s statistical performance, mirroring traditional sports betting. Sports event contracts make up the majority of established prediction market operators’ volume, ahead of politics, pop culture, current events, and thousands of other topics.
Increased urgency
The U.S. sports betting revenue leader’s prediction market launch underscores the urgency for gaming operators as they fear first-mover advantages from the established operators. Unlike Kalshi and Polymarket, the sports betting companies are jumping into prediction markets despite a risk to their established gaming licenses.
Arizona regulators earlier this month moved to revoke Underdog’s daily fantasy sports license due to its prediction market affiliation with Crypto.com, which had previously offered sports event contracts in the state. Other jurisdictions have issued warnings that sportsbook operators could see their licenses taken if they launch prediction markets - even in other states.
The prediction market platforms maintain they are under federal commodities trading regulations and not subject to state law.
FanDuel is among the sports betting licensees that have been publicly confident their prediction market launches in states where they don’t offer their sportsbook will not run afoul of existing agreements. CME Group, which helps power FanDuel’s prediction market platform, is also an established derivatives marketplace that has operated nationwide for decades.
But regulator pushback highlights the risk sportsbook operators are taking. This also comes independent of court battles in multiple states where gaming regulators are looking to force out prediction markets for offering what they consider an illegal form of gambling through sports event contracts.
Adding the nation’s most financially successful sports betting company builds the scope of prediction markets. It also adds another major player to what will likely be years of regulatory fights and legal challenges as the courts determine the legality of what is already a multibillion-dollar industry.
