CME Group partners with FanDuel to launch CFTC-regulated sports event contracts, investing $10.2M for a 51% stake in the prediction markets

CME Group partners with FanDuel to launch CFTC-regulated sports event contracts, investing $10.2M for a 51% stake in the prediction markets

CME Group announced plans to launch futures tied to sports performance indexes, opening the $650 billion global sports industry to exchange-based risk