FanDuel expands prediction markets offering with Crypto.com contracts

A FanDuel sign at Toronto's BMO Field
Image: ACHPF / Shutterstock.com

FanDuel has expanded its FanDuel Predicts prediction markets offering by adding a range of sports and other event contracts through a new partnership with Crypto.com.

Nearly six months after FanDuel first launched prediction markets through its joint venture with CME Group, it has become the latest gaming operator to start offering Crypto.com contracts on its platform.

Through the new deal with Crypto.com’s Commodity Futures Trading Commission-regulated exchange and clearinghouse OG Prediction Markets, the standalone Crypto.com prediction market product launched earlier this year, FanDuel Predicts has added new sports, entertainment, and “combination” event contracts.

It is the first major expansion of FanDuel Predicts since the platform went live in late December 2025.

Crypto.com contracts complement existing FanDuel Predicts range

FanDuel said the new Crypto.com contracts will sit alongside the CME Group markets, “complementing” the existing range from FanDuel Predicts’ founding partner.

Customers will begin to see contract offerings from both CME Group and OG Prediction Markets this week with the start of the World Cup.

Through CFTC-registered FanDuel Prediction Markets LLC, a member of the National Futures Association, FanDuel Predicts offers trading in all 50 states on economic indicators and financial contracts. Users in states where FanDuel does not offer state-regulated sports betting can also trade on sports and entertainment markets.

FanDuel Senior Vice President of Flywheel and New Ventures James Cooper added that integrating Crypto.com contracts gives the operators’ prediction market users more choices by expanding the breadth of sports and entertainment contracts on its platform.

Crypto.com Arena in Los Angeles
Image: kensocal7 / Shutterstock.com

Which operators offer Crypto.com’s sports contracts?

FanDuel is the latest gaming operator to begin offering a range of Crypto.com’s prediction markets.

The cryptocurrency-focused trading site powered Underdog’s launch of event contracts in summer 2025, which made Underdog the first primarily gaming company to offer prediction markets. As of the time of writing, Crypto.com’s list of gaming operator-turned-prediction market partners includes:

“We are thrilled to partner with FanDuel Predicts to bring a new level of depth and experience to its prediction markets experience,” said Crypto.com Chief Business Officer Joe Anzures. “By leveraging our robust, regulated exchange and clearinghouse infrastructure, we are enabling a mainstream prediction markets experience just in time for the World Cup – underscoring our capability to deliver scalable, regulated derivatives infrastructure for the world’s biggest moments.”

FanDuel Predicts beefs up ‘parlay’ offering

FanDuel specifically highlighted the fact that the Crypto.com contracts will deepen its slate of parlay-style combination contracts, which allow users to combine multiple events and markets into one contract trade.

Back in mid-April, one of FanDuel Predicts’ sportsbook-led competitors, Fanatics Markets, introduced a Combos product powered by Crypto.com. Fanatics’ Combos allows users to combine various event contract markets across several sports, multiple games, or within a single sporting event, including game winners, spreads, points totals, and player props.

DraftKings Predictions followed suit with combination prediction markets in May, also using Crypto.com’s contracts. DraftKings Predictions customers can build combination event contracts for all sports-related markets except for event contracts tied to futures, a company spokesperson confirmed to SBC Americas. Users can combine up to six event contracts per trade.

Flutter will continue to invest in prediction market focus

Speaking in May, the CEO of FanDuel parent company Flutter promised that it would “sharpen” its focus in a bid to solidify its U.S. market position.

Peter Jackson’s comments came after Flutter reported that its net income was $209m in Q1 2026, down from $335m in Q1 2025. FanDuel’s U.S revenue to Flutter was flat year-over-year, at $1.7bn in Q1 2026 compared to $1.6bn in the prior-year period. Flutter lowered its full-year guidance for 2026 to $18.3bn as a result.

“We know we didn’t operate as effectively as we should have done,” said Jackson during the fireside chat. “There’s a bunch of organizational changes that we’ve made, which I think really will sharpen our focus on execution and delivery, which ultimately has been one of our challenges.”

Flutter executives said during the same conversation that Flutter intends to invest tens of millions of dollars in prediction markets by the end of 2026, with Jackson opining that “we’re probably one of the few people who’s making any money out of prediction markets at the moment.”

After CEO Howe’s exit, FanDuel lays off hundreds

The changes Jackson referenced included the headline departure of FanDuel CEO Amy Howe earlier in May after five years.

FanDuel CEO Amy Howe wants to see more diversity in sports betting, as she believes the industry can do more to encourage more women to wager on sports.
FanDuel CEO Amy Howe left suddenly in May after five years. Image: SBC.

Meanwhile, this week, news emerged about a new round of FanDuel layoffs that reportedly encompassed several hundred positions.

A FanDuel spokesperson told SBC Americas that the layoffs will help to ensure the company “remains agile, focused, and well-positioned to capitalize on what lies ahead.”

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