FanDuel expands prediction market offering

Prediction Markets

FanDuel, a unit of Flutter Entertainment has announced that its FanDuel Predicts business has expanded its event contract offering with new sports and entertainment contracts and combination event contracts through Crypto.com’s CFTC-regulated exchange and clearinghouse, OG Prediction Markets.

This broadens the types of markets customers can engage with and enhances the overall set of available products.

James Cooper, Senior Vice President, Flywheel and New Ventures at FanDuel said, “FanDuel Predicts was built to deliver a best-in-class prediction market experience to our customers. These additional product sets give our customers more choices by expanding the breadth of sports and entertainment contracts on our platform.”

Joe Anzures, Chief Business Officer of Crypto.com said, “We are thrilled to partner with FanDuel Predicts to bring a new level of depth and experience to its prediction markets experience. By leveraging our robust, regulated exchange and clearinghouse infrastructure, we are enabling a mainstream prediction markets experience just in time for the World Cup – underscoring our capability to deliver scalable, regulated derivatives infrastructure for the world’s biggest moments.”

The addition of new product sets listed at Crypto.com’s OG Prediction Markets marks an expansion for FanDuel Predicts customers who will now have access to a wider variety of markets across sports and entertainment categories complementing the existing offer of contracts available through CME Group. This addition will also deepen customers’ ability to trade combinations of event contracts. Customers will begin to see contract offerings from both CME Group and OG Prediction Markets this week with the start of the World Cup.

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