NFA grants FanDuel FCM licence for US prediction market business
The licence could increase FanDuel’s control over its prediction market business without authorising it to operate its own designated exchange.
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Activity summary: CME Group appears in 5 entries across 1 market (mainly USA). By desk: Licences & markets 2, Regulation 2, Deals & M&A 1. Computed from our records only.
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The licence could increase FanDuel’s control over its prediction market business without authorising it to operate its own designated exchange.
Kalshi’s tribal partnerships and FanDuel’s continuing shift away from CME mark changes in their business relationships.
FanDuel’s licence enables direct event contract brokering and direct economic control of its prediction market operations.
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