CME Targets Sports Markets; FanDuel’s Role Still Unclear

CME Targets Sports Markets; FanDuel’s Role Still Unclear

CME Group plans to launch a prediction market platform offering contracts on economic indicators and potentially sports events by the end of 2025. FanDuel is partnering with CME but has yet to confirm involvement in sports event contracts amid regulatory concerns from states with legal … Read more

California Gov Newsom Signs Bill to Ban Sweepstakes Contests

California Gov. Gavin Newsom signs bill banning Sweepstakes Contests

California Governor Gavin Newsom signed bill AB 831 this week, banning sweepstakes contests like casinos and sportsbooks. It does not change anything regarding real money and free casinos and sports betting sites in California. SACRAMENTO, Calif. – Dual-currency sweepstakes gambling sites are no longer legal in … Read more

FanDuel, DraftKings Tighten Ties with Amazon Prime, NBC

NBC and DraftKings Partnership

Both FanDuel and DraftKings announced partnerships this week, blending sports viewing with sports betting. NEW YORK – Amazon announced its Prime Video platform is expanding its relationship with Flutter-owned FanDuel on Tuesday. It will deliver betting integrations during NBA broadcasts. Starting this season, basketball fans … Read more

FanDuel Funds SEPTA Train Service for Eagles Home Opener

FanDuel Funds SEPTA Train Service for Eagles Home Opener

FanDuel paid $80,000 to restore SEPTA’s Sports Express train service for the Eagles’ home opener, covering extra pre-game trips and free post-game rides amid the agency’s $213 million budget deficit. The sponsorship highlights how underfunded U.S. transit agencies are turning to private companies for support. … Read more

Kansas Celebrates 3 Years of Sports Betting: $6.9B Wagered

Kansas Celebrates 3 Years of Sports Betting: $6.9B Wagered

Kansas sportsbooks have collected $1.5 billion in wagers over the first seven months of the year. Consistently bringing in tax revenue, Kansas has seen over $1 million come in from sportsbooks in 8 of the last 11 months. TOPEKA, Kan. – Kansas is marking the … Read more

Underdog, Crypto.com Team Up In Sports Prediction Market

Underdog, Crypto.com Team Up In Sports Prediction Market

Underdog Sports struck a deal with Crypto.com’s derivatives affiliate to launch sports prediction markets on its platform. BROOKLYN – A partnership announced Tuesday makes sports event contracts from Crypto.com | Derivatives North America (CDNA) available inside the Underdog app. For Underdog, a company best known … Read more

FanDuel Funded Missouri Sports Betting But Misses Licenses

FanDuel Funded Missouri Sports Betting But Misses Licenses

Missouri’s biggest sports betting donor will have to wait its turn after regulators chose Circa and DraftKings for the state’s first mobile untethered licenses. JEFFERSON CITY, Mo. – FanDuel spent millions helping Missouri bring legal wagering to the ballot. But when the state’s Gaming Commission … Read more