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.

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FanDuel Predicts will offer contracts for baseball, basketball, football and hockey in states that have not yet legalized online sports betting.

Flutter, the world's largest online betting company, sharply cut its full-year profit growth forecast on Wednesday, primarily due to another long winning streak by gamblers that increased its payouts.

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.