Story thread · 2 reports / 2 sources

CME Keeps 51% of Fanduel Predicts but Loses Its Sports Business

news.bitcoin.com · 5d

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Across 2 sources · syndicated copies counted once

Flutter Entertainment will route every sports and novelty contract on Fanduel Predicts to Crypto.com’s exchange, leaving CME Group with only the financial markets on a venture CME majority-owns. The move comes three weeks after CME’s chief executive told analysts that many sports prediction markets amount to gambling. Flutter booked $6 million in market-making revenue in […]

First report: Strange Bet Fellows: FanDuel and CME’s Latest Joint-Venture Twist sportico.com, 5d

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