FanDuel launches prediction markets in all 50 states | Yogonet International
Summary
FanDuel has rolled out its standalone prediction markets app, FanDuel Predicts, across all 50 US states. While the platform is available nationwide, sports event contracts are live in 18 states; the other 32 states have access to non-sports prediction markets only. The company partnered with CME Group in 2025 to operate under federally regulated commodity markets, with oversight from the CFTC. FanDuel is intentionally not offering sports contracts in states where it already runs a sportsbook to avoid regulatory overlap. The move occurs amid a patchwork of state regulatory pushback — several states have issued warnings, cease-and-desist orders, or litigation against prediction-market sports contracts offered by other platforms.
FanDuel emphasises a broad market slate beyond sports — finance, economics and commodities markets are available — and says early launches will help refine product engagement as it expands. Major competitors and participants in the space include DraftKings, Kalshi, Robinhood, Crypto.com/ Fanatics partnerships, Polymarket and daily fantasy operators such as Underdog and PrizePicks.
Key Points
- FanDuel Predicts is now live in all 50 US states, but sports contracts are only available in 18 jurisdictions.
- The 18 states offering sports event contracts include: California, Idaho, Utah, New Mexico, Texas, Oklahoma, Nebraska, South Dakota, North Dakota, Minnesota, Alabama, South Carolina, Georgia, Florida, Delaware, Rhode Island, Alaska and Hawaii.
- FanDuel partnered with CME Group in 2025; FanDuel Predicts operates under CFTC-regulated commodity-market frameworks.
- FanDuel avoids offering sports contracts in states where it already operates a sportsbook to reduce regulatory friction.
- The platform offers non-sports markets (finance, economics, commodities) nationwide, so residents in non-sports states still have access to prediction products.
- The launch comes amid active state-level legal challenges — Connecticut, New Jersey, Nevada, Maryland and Massachusetts (among others) have disputed that prediction sports contracts resemble unlicensed sports betting.
- Other operators in the space include DraftKings (launched across 38 states), Kalshi, Robinhood, Crypto.com/Fanatics partnerships, Polymarket, Underdog and PrizePicks.
Content summary
FanDuel’s nationwide release of FanDuel Predicts makes the app available in every US state, but with a clear distinction: sports-specific prediction contracts are offered in only 18 states, while the remaining 32 can access non-sports markets.
The firm says the CME Group partnership allows it to place markets under federal commodity regulation (CFTC), positioning prediction markets as financial instruments rather than traditional sports wagering. FanDuel also stated it will not offer sports contracts where it operates a sportsbook, likely to avoid overlapping state-level regulatory complications.
State regulators have reacted unevenly. Some have issued cease-and-desist orders or warnings against platforms selling sports outcome contracts, arguing they amount to illegal sports betting. Federal courts have intervened in several cases, creating temporary blocks or pauses in enforcement while legal questions about the scope of federal commodities law are resolved.
Context and relevance
This rollout is a strategic push by one of the largest US sports-betting brands to capture market share in a new product category while leaning on federal commodities regulation. It underscores two industry trends: (1) major operators diversifying into prediction markets to broaden product suites beyond regulated sportsbooks, and (2) an increasingly fragmented regulatory landscape where state regulators are testing how prediction markets fit with existing gambling laws.
For operators, regulators and investors, FanDuel’s nationwide availability — paired with state-by-state sports-market limitations — is a useful signal of how large operators will navigate legal complexity while scaling new product lines.
Author style
Punchy: This is a big strategic play from FanDuel. If you follow gaming product launches or regulatory shifts, the detail here matters — it signals where capital and attention will flow in US prediction markets over 2026.
Why should I read this?
Quick and honest — FanDuel going national with predicts changes the game. If you work in iGaming, regulation, trading or product strategy, this affects distribution, competitive dynamics and legal risk. Want the headlines without trawling press releases? Read this — we did the skim for you.