FanDuel Predicts will be live in December, says Flutter Entertainment CEO

Core Insights - The partnership between FanDuel and CME is set to enhance the legitimacy and accessibility of prediction markets in the U.S. [1][5] - FanDuel Predicts will launch in December, allowing users in states without traditional sports betting licenses to participate [3][5] - The prediction markets are regulated by the CFTC, which adds a layer of credibility to the offerings [5] Group 1 - FanDuel has been operating in the prediction market space for a long time and is now expanding its offerings [1][2] - The partnership with CME is expected to provide a robust platform for prediction markets, particularly in states like California, Texas, and Florida [4][5] - The launch of FanDuel Predicts will enable customers to access sports betting products without needing traditional gaming licenses [4][5] Group 2 - The experience of FanDuel in various international markets, such as the UK and Italy, supports its expansion strategy in the U.S. [2] - The collaboration aims to provide the best products available in prediction markets, enhancing user experience [3] - The upcoming launch is anticipated to attract a significant user base in states currently lacking sports betting options [3][5]