FanDuel Launches Prediction Market in 5 States, Expands Soon

UPDATE: FanDuel Predicts has officially launched its prediction market in five states, marking a significant expansion in the sports betting landscape. The app is now available in Alabama, Alaska, South Carolina, North Dakota, and South Dakota, with plans for broader access across the country in the coming months.

This rollout is set to provide millions of U.S. customers with a new way to engage with various economic indicators and sports events. The mobile application can be downloaded from the Apple App Store and Google Play. The phased national expansion is expected to continue into 2026, as FanDuel aims to refine its platform based on user engagement in these initial states.

FanDuel Predicts is a groundbreaking venture for the company, in partnership with the CME Group, offering event contracts on major benchmarks such as the S&P 500 and Nasdaq-100, alongside commodities like oil, gas, and gold. This launch comes amid rising interest in prediction markets from major sportsbooks, highlighted by DraftKings recently introducing their markets app in 38 states.

“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 at FanDuel. The platform will also feature sports contracts across baseball, basketball, football, and hockey in states where online sports betting is not yet legal, except for tribal lands. Once these states legalize online sports betting, sports event contracts will be discontinued.

This strategic move allows FanDuel to tap into a lucrative market while providing users with innovative ways to express their views on global benchmarks and economic indicators. “This launch is a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the U.S.,” stated Lynne Fitzpatrick, President and CFO of CME Group.

As FanDuel Predicts takes its first steps, all eyes are on how this initiative will influence user engagement and the future landscape of prediction markets in sports and finance. The company is poised to gather valuable insights as it prepares for further state expansions, making the next few months crucial for its growth in this new sector.

Stay tuned for more updates as FanDuel continues to innovate in the sports betting arena!