FanDuel Predicts To Launch In December, Will Offer Sports Event Contracts In Multiple States

By Bill Speros Nov 12th, 2025 4:12 PM EST

3B8THFW Fanduel Sports Network

The FanDuel Predicts app will launch nationwide in December. The platform will offer sports event contracts in states in which sports betting is not legal, and will cease offering those sports event contracts in states once they legalize sports betting. The states currently without sports betting include Texas, California and Georgia.

"The new FanDuel Predicts app that will expand access to financial markets for millions of customers in the United States," the company said in a release Wednesday as FanDuel and its parent company Flutter posted their 3rd-quarter earnings.

FanDuel announced a partnership with CME to build its prediction platform in August.

"Subject to appropriate regulatory filings, 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," the release said.

The two largest states in the U.S. in terms of population - Texas and California - have yet to legalize sports betting. Florida is the most populous state in the U.S. with legal sports betting. There, the Seminole Tribe operates a sports betting monopoly through a gaming compact with the State of Florida. But there was no determination given if FanDuel Predicts would offer sports event contracts in the Sunshine State.

Currently, FanDuel operates either online or retail sports betting platforms in more than 20 states, plus Washington, D.C. FanDuel goes live in Missouri when sports betting launches in the Show Me State at 12 a.m. on Dec. 1.

News Follows Similar Move By DraftKings

In addition to sports, event contracts on FanDuel Predicts can 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, the company said

The move to launch a nationwide trading platform follows news that DraftKings Predictions plans a similar move either in the 4th quarter or early 2026. Both sports, casino, and DFS sites move into the prediction markets space at a tumultuous time.

Operators like Kalshi, Polymarket and Robinhood have absorbed hundred of millions of dollars in sports-related trades after getting tacit approval to do so from federal regulators earlier this year. The movement of those prediction markets into sports event contracts has spooked investors in traditional gaming stocks and stoked the ire of multiple state attorney generals and native tribes.

Kalshi has received cease-and-desist orders from Arizona, Illinois, Montana, and Ohio. It has ongoing litigation against New Jersey in the U.S. Court of Appeals for the Third Circuit. And it remains entangled in litigation with regulators in Maryland and Nevada. Earlier, this week, Kalshi won a ruling to avoid geo-fencing around some tribal lands in California.

Tuesday, the Massachusetts Gaming Commission met in an executive session to discuss "Discuss Its Strategies With Respect To Enforcement Or Litigation Concerning Prediction Markets."

Also Tuesday, PrizePicks partnered with Polymarket its move into the predictions space.

What The FanDuel & CME CEOs Say About FanDuel Predicts

“We can’t wait to bring FanDuel's proven approach to product innovation into this dynamic
sector," said Amy Howe, CEO at FanDuel said in a 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."

“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,” added 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."

FanDuel stressed in the announcement that it will follow similar "Know Your Customer" guidelines used when bettors sign up to use its casino, fantasy, and sports betting platforms. Contracts ranging in price from $0.01 to $0.99 will trade, and eventually settle for $1 or nothing in most cases.

States with Online & Mobile FanDuel Sportsbooks

FanDuel offers online and mobile sports betting in the following states: 

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maryland
• Massachusetts
• Michigan
• New Jersey
• New York
• North Carolina
• Ohio
• Pennsylvania
• Tennessee
• Vermont
• Virginia
• Washington, D.C.
• West Virginia
• Wyoming 

States with Retail-Only FanDuel Sports Betting 

In a few states, FanDuel is only available for in-person betting at a physical sportsbook location: 

• Mississippi
• Nevada
• Washington

States with FanDuel Online Casino

FanDuel also operates an online casino in a limited number of states where online casino gaming is specifically regulated: 

• Connecticut
• Michigan
• New Jersey
• Pennsylvania
• West Virginia

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