Morning Minute: CME & Fanduel Bring Prediction Markets to the Masses
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6 Articles
Morning Minute: CME & Fanduel Bring Prediction Markets to the Masses - WorldNL Magazine
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today's top news: Crypto majors mixed, ETH and SOL lead; BTC back to $113k BNB hits fresh ATH at $880 overnight before retracing Kanye tweets out YZY coin, briefly runs to $3B before falling CME announces partnership with Fanduel to launch eve…
FanDuel Partners with CME Group to Launch Event-Based Contracts
The post FanDuel Teams Up with CME Group to Offer Event-Based Contracts appeared first on SportsHandle. FanDuel, America’s leading online sportsbook and gaming company under Flutter Entertainment, announced a partnership with CME Group (NASDAQ: CME) to launch event-based contracts for U.S. customers later this year, pending CFTC regulatory review. As mentioned in the official Fanduel press release, CME Group and FanDuel will form a joint venture…
FanDuel to expand into prediction markets via JV with CME Group
FanDuel has partnered with CME Group to launch a new prediction market joint venture (JV) later this year, marking a landmark move for the Flutter Entertainment-owned brand. The operator described the partnership as a “groundbreaking alliance,” with event contracts expected to be available to customers later this year. Importantly, the partnership with CME Group—which operates derivatives exchanges, including the Chicago Mercantile Exchange—has …
FanDuel Joins Exchange Operator CME for Prediction Markets Push
In a move that paves the way for FanDuel to eventually offer sports prediction markets in the U.S., the sportsbook operator on Wednesday announced a partnership with CME Group, which owns four exchanges registered with the federal Commodity Futures Trading Commission (CFTC). For now, FanDuel said it will only offer non-sports contracts through a CME […]
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