Monday - Friday, 6:00 - 7:00 PM ET
In this article
In a Wednesday interview with CNBC’s Jim Cramer, Flutter
CEO Peter Jackson detailed how the FanDuel parent’s new prediction markets platform allows people in states where sports betting is illegal to wager on sports outcomes.
“Prediction markets are, you know, regulated by the CFTC,” Jackson said, referring to the Commodity Futures Trading Commission. “And in our partnership with CME, we’re going to be able to make these products, the sports products, available in all the states where FanDuel does not have a sports betting license.”
