FanDuel Launches Prediction Market App to Bypass Sports Betting Bans

As of November 13th, 2025, FanDuel, the US online gambling division of Flutter Entertainment Plc, is preparing to launch a new mobile app called "FanDuel Predicts" in December 2025. This move represents a significant escalation in the efforts by gambling companies to fend off upstart prediction market exchanges like Kalshi and Polymarket.

The new FanDuel Predicts app will allow users to bet on the outcomes of sports and economic indicators in states where traditional online sports gambling, like FanDuel's current app, is still illegal. To facilitate this, FanDuel is partnering with CME Group Inc., the derivatives exchange operator, to offer "event-contracts" tied to the outcomes of baseball, basketball, football, and hockey games.

FanDuel CEO Amy Howe stated that this new product will provide a "great, safe alternative" for consumers until sports betting is legalized in every state. The company plans to stop offering the sports-related event contracts if and when states later legalize traditional sports gambling.

In addition to sports-related contracts, FanDuel Predicts will also offer event contracts based on the value of oil, gold, crypto tokens, and stock indexes, which will be available in "virtually all states." This diversification is likely a strategic move to address the growing competitive pressure from new startup exchanges in the prediction market space.