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

Bitcoin.com News·August 6, 2026·1 min read
CME Keeps 51% of Fanduel Predicts but Loses Its Sports Business

Flutter Entertainment will route all sports and novelty contracts on Fanduel Predicts to Crypto.com's exchange, leaving CME Group with only financial markets on the venture CME majority-owns. The move follows CME's CEO calling many sports prediction markets gambling. Flutter booked $6 million in market-making revenue.

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