Flutter’s FanDuel launches ‘prediction market’ app

Move follows launch of similar product by rival DraftKings

FanDuel CEO Amy Howe. Photo: Getty

FanDuel, the US online gambling division of Flutter Entertainment, launched its own prediction market product in five states just days after its main rival, DraftKings, rolled out a similar product.

FanDuel Predicts will allow users to bet on the outcome of sports, cultural events and financial indicators through a prediction markets exchange, supplementing the company’s current sports betting products.

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