Core Insights - FanDuel is set to launch an independent prediction market application called "FanDuel Predicts" in December, as part of a collaboration between its parent company Flutter and the Chicago Mercantile Exchange Group (CME) [1] - DraftKings, a major competitor, has also announced plans to launch a similar platform named "DraftKings Predictions" shortly before FanDuel's announcement [2] - Following these announcements, Flutter's stock price fell by 4% in after-hours trading, indicating market reactions to the competitive landscape [2] Industry Overview - The core of prediction markets is "event contracts," which allow users to trade on the outcomes of future events, such as stock indices, economic data, and sports events [5] - Unlike state-regulated sports betting, event contracts are regulated by the federal Commodity Futures Trading Commission (CFTC), making them legal across the U.S. without the need to pay state-level gambling taxes [5] - This regulatory framework provides a pathway for companies to operate in states where sports betting has not yet been legalized, expanding their business opportunities [5]
美国“体育博彩”巨头纷纷进军“预测市场”
Hua Er Jie Jian Wen·2025-11-13 00:24