FanDuel, CME Group launch prediction markets in five US states


FILE PHOTO: CME Group Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Dec 22 (Reuters) - Sports betting firm ‌FanDuel and derivatives exchange heavyweight CME Group on Monday announced ‌the launch of their prediction markets platform in five U.S. states, ‌as the red-hot asset class continues to draw in new entrants.

The platform has been launched in Alabama, Alaska, South Carolina, North Dakota and South Dakota, with a phased national rollout to ‍other U.S. states through early 2026.

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