FanDuel announced late Wednesday afternoon that it will partner with derivatives marketplace CME to create an “event contacts” platform, or prediction market, in the U.S.
Earlier Wednesday, news broke that DraftKings, PrizePicks, and Underdog have submitted applications to the National Futures Association (NFA), the first step toward offering prediction markets.
Per a FanDuel press release, the betting giant and CME plan to launch the platform “later this year” and it “will include benchmarks such as the S&P 500 and Nasdaq-100, prices of oil and gas, gold, cryptocurrencies, and key economic indicators such as GDP and CPI, with further details of additional offerings to be determined in the coming months.”
