FanDuel, owned by Flutter Entertainment, has confirmed that its new FanDuel Predicts app will launch in December, following a partnership with derivatives marketplace CME Group. The standalone mobile app will allow users to trade sports event contracts for baseball, basketball, football, and hockey. According to FanDuel, the app will be available in states where sports
FanDuel, owned by Flutter Entertainment, has confirmed that its new FanDuel Predicts app will launch in December, following a partnership with derivatives marketplace CME Group.
The standalone mobile app will allow users to trade sports event contracts for baseball, basketball, football, and hockey.
According to FanDuel, the app will be available in states where sports betting isn’t yet legal, although it cannot be used on tribal lands. The operator also said it will discontinue sports event contracts if and when those states regulate sports betting.
In addition to sports, FanDuel Predicts will offer contracts on financial benchmarks like the S&P 500 and Nasdaq-100, commodities such as oil, gas, and gold, cryptocurrencies, and key economic indicators including gross domestic product.
Contracts will be priced between $0.01 and $0.99.
CME Group chairman and chief executive officer Terry Duffy said:
“Our new event contracts on benchmarks, economic indicators and now sports will appeal to a new generation of potential participants who are not active in these markets today. This launch will dramatically expand our distribution and reach, connecting directly with FanDuel’s millions of registered US users.”
Flutter Entertainment said in its Q3 2025 report that the launch strategy has been developed in close consultation with state regulators and tribal authorities.
Flutter Entertainment CEO Peter Jackson said:
“Flutter delivered a solid third quarter, with continued momentum in both our US and International businesses. We are the clear number one operator in the US, and we will continue to build on that position to drive future profitability. Our strategic investments, including the launch of FanDuel Predicts and recent International acquisitions, position us exceptionally well to capture new opportunities and deliver sustainable, profitable growth.”
The revenue of Flutter increased by 17% year-on-year in Q3, reaching $3.79 billion, compared to $3.24 billion in Q3 2024. Adjusted EBITDA grew by 6% to $478 million, whereas the average number of players per month went up by 9% to 14.1 million.
In the US, revenue was up 9%, boosted by a 44% rise in iGaming revenue, even though sportsbook revenue fell 5%. Internationally, revenue increased 21% and adjusted EBITDA rose 10%, with organic iGaming revenue up 10%.
The group reported a Q3 net loss of $789 million, $675 million higher than a year ago. Flutter said this was mainly due to a $556 million non-cash impairment linked to new Indian regulations banning real money online gaming, which affected its Junglee Games business. A $205 million payment to Boyd Gaming to adjust US market access terms also contributed to the loss.