UPDATE: FanDuel has officially launched its new prediction market app, FanDuel Predicts, in five states: Alabama, Alaska, South Carolina, North Dakota, and South Dakota. This phased rollout marks a significant expansion into the prediction markets space, with plans to reach millions of users across the U.S. in the coming months.
The app, available on Apple App Store and Google Play, is set to offer event contracts on a wide array of topics, including financial benchmarks like the S&P 500 and Nasdaq-100, as well as commodities like oil and gas, gold, and cryptocurrencies. Users will also engage with sports contracts across major leagues, including baseball, basketball, football, and hockey, particularly in states where online sports betting remains illegal.
“This launch provides customers a new platform to engage with critical events, from financial decisions by the Fed to exciting sports matchups,” stated James Cooper, Senior Vice President at FanDuel. His comments highlight the app’s potential to reshape user interaction with various markets, fostering an innovative space for both financial and sports enthusiasts.
With the growing trend towards prediction markets, FanDuel’s launch follows closely behind DraftKings, which recently introduced their markets app across 38 states. This competitive landscape indicates a rising demand for platforms that allow users to express their opinions on economic and sports events alike.
FanDuel Predicts aims to refine its offerings based on customer engagement metrics collected during this initial phase. The company anticipates expanding to additional states through early 2026, with specific timelines yet to be confirmed.
“We are excited to introduce CME Group prediction markets to a new generation of users,” said Lynne Fitzpatrick, President and CFO of CME Group. “This launch is pivotal for expanding our reach to FanDuel’s millions of registered users across the United States.”
As this development unfolds, FanDuel Predicts positions itself at the forefront of a rapidly evolving market. The immediate availability of the app in five states gives users a chance to experience a unique prediction market environment, setting the stage for future expansions and innovations in the online betting landscape.
Stay tuned for further updates as FanDuel Predicts continues its rollout, reshaping how users engage with both financial and sports events across the nation.
