Back to today’s briefing

Story perspectives

FanDuel Faces Regulatory Pushback on New Event Contracts

11/13/2025

24 5

Summary

Story summary

FanDuel will launch sports event contracts on the FanDuel Predicts app in December, expanding its product offering.
The initiative follows a CME Group partnership to broaden the audience for event contracts.
Regulators in Arizona, Ohio, Illinois, New York, and Michigan say these contracts are unlicensed gambling and warn they could jeopardize FanDuel's sportsbook licenses.
Amy Howe, FanDuel CEO, emphasized the company's commitment to innovation.

1 of 1

Story summary

FanDuel will launch sports event contracts on the FanDuel Predicts app in December, expanding its product offering.
The initiative follows a CME Group partnership to broaden the audience for event contracts.
Regulators in Arizona, Ohio, Illinois, New York, and Michigan say these contracts are unlicensed gambling and warn they could jeopardize FanDuel's sportsbook licenses.
Amy Howe, FanDuel CEO, emphasized the company's commitment to innovation.