“FanDuel Predicts” Poised to Enter Prediction Market

FanDuel is set to expand its market reach with a new product, “FanDuel Predicts,” aimed at entering the prediction market industry. The rollout is expected to happen very shortly, and sports event contracts will only be offered in states where legalized sports betting is not available.

Prepare to Launch

Fanatics has become the first mobile sports betting company to launch its prediction platform in the United States. Fanatics Markets made its debut on December 3, 2025, but FanDuel’s prediction platform is also poised to launch in the near future through a partnership with CME Group.

A press release disseminated by FanDuel’s owner, Flutter Entertainment, stated, “FanDuel Predicts is a new prediction market product which will include sports in states without access to regulated sports betting.”

FanDuel’s prediction market brand is expected to launch before the New Year, but Bookmaker’s Review will continue to monitor the story and report back as events unfold.

Conflict of Interest

The ascension of prediction market platforms offering sports betting contracts has been meteoric since it began shortly before the Super Bowl last February.

In less than a year, industry leaders Kalshi and others like Crypto.com and Polymarket, to name but a few, have managed to draw the ire of state gaming regulators throughout the nation as they have operated unfettered in all 50 states, offering sports event contracts without the blessings or licenses of the state gaming authorities.

At first, mobile sportsbooks were frustrated by untaxed, unlicensed competitors. After the prediction platforms received several cease-and-desist orders, it appeared as though they would soon be prohibited from offering sports event contracts.

However, the prediction markets argued that they were governed by the Commodity Futures Trading Commission, a federal entity whose authority superseded state regulators.

They also said there was a discernible difference between trading sports event contracts and wagering. Prediction markets offered contracts whose value could ebb and flow, unlike a sports betting wager, where the odds are locked in the moment the bet is placed.

And a funny thing happened: the federal courts agreed for the most part.

Not Over Yet

Although this is far from settled case law, some of the sportsbooks have decided that if they can’t beat them, they might as well join them. This has not gone over well with the regulators who govern the sportsbooks and decide whose license gets renewed.

However, the three main sports betting powerhouses that are all entering the prediction markets, DraftKings, Fanatics, and FanDuel, have all vowed not to offer sports betting contracts in states that have online sports betting.

This has proven, at least for the time being, to be an agreeable truce, and it will allow those sportsbooks to operate in coveted territories that were previously unavailable to them in California and Texas. Yet, the legal conclusion as to which entity has authority over the prediction market platforms, the federal CFTC or the individual state regulators, has yet to be definitely determined and could take years if the question is ultimately accepted by the US Supreme Court.