FanDuel Predicts expands event contracts into sports and entertainment via Crypto.com
FanDuel Predicts, part of New York Stock Exchange-listed Flutter Entertainment, is expanding its event contract markets into sports and entertainment. The platform also struck a partnership with Crypto.com to broaden its offering. Flutter's public listing gives FanDuel Predicts a regulatory and financial infrastructure edge over some rivals. The moves come as capital and user attention flow toward prediction markets.
FanDuel Predicts now competes directly with Kalshi and Polymarket for sports-event contract volume while carrying a sportsbook's built-in user base. Flutter's 40 million registered users and NYSE-listed balance sheet give it cheaper acquisition capital than startup venues. The Crypto.com partnership brings digital-asset payment rails that Kalshi and Polymarket lack, potentially unlocking crypto-native traders.
The timing binds FanDuel Predicts to the same World Cup liquidity window that drove $30 billion in monthly volume across rival platforms. If it captures even a thin slice of that flow, it proves sportsbooks can convert betting handle into derivative-style contracts at scale. A miss leaves it exposed to DraftKings' DKeX verticalization and Robinhood's white-label momentum when the NFL season opens.
FanDuel Predicts joins DraftKings' recent DKeX launch as the latest sportsbook-origin platform to push into regulated event contracts, deepening the verticalization race against native prediction-market venues.