The company plans to introduce a new mobile app in December, FanDuel Predicts, where users can bet on the outcome of sports and economic indicators, the company announced on Wednesday at the same time that it released quarterly financial results that fell short of analysts’ expectations.

DraftKings and FanDuel, the nation’s two largest sportsbook vendors, won’t operate in Nevada anytime soon after state gaming regulators on Wednesday accepted the surrender of FanDuel’s parent company’s licensing plans.

FanDuel, in partnership with CME Group, announced the launch of a new prediction-markets platform set to go live in December 2025. The new standalone mobile app will be named ‘Fanduel Predicts’ and will allow users to trade event-based contracts, initially covering sports, economic indicators, crypto and more.

Online sports betting in 2025 is becoming smarter, faster, and more connected. Big names like FanDuel, Betway, and Spartans are leading this change by combining technology and accessibility to make betting smoother for everyone.