FanDuelming, part of Flutter Entertainment, has partnered with CME Group, the world’s largest derivatives marketplace, to launch event contracts as a new iGaming vertical in the United States.
Event contracts allow players to bet “yes” or “no” on whether a specific financial outcome will occur, with fully funded, limited-risk positions starting at just $1.
The first set of contracts, expected later this year, will cover benchmarks like the S&P 500 and Nasdaq-100, along with oil, gold, cryptocurrencies, and key U.S. economic indicators such as GDP and CPI.
Amy Howe, CEO of FanDuel Group, said:
“We see a wide audience for this kind of gamified, regulated financial betting, which merges online gaming entertainment with opportunities traditionally reserved for traders.”
Terry Duffy, CME Group Chairman and CEO, added:
“Event contracts are transparent, simple, and appeal to a growing public interest in markets. This partnership will help bring a new generation of players into a regulated environment.”
As part of the deal, FanDuel and CME Group will establish a joint venture FCM, subject to CFTC approval, to make these products available under strict regulatory oversight.
18+ | Juegoseguro.es – Jugarbien.es
