On May 15, the Governor of Iowa, Kim Reynolds, signed SF 2289 into law, effectively reforming state gambling rules and introducing restrictions against sweepstakes casinos.
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FanDuel Predicts launches in all 50 US states
FanDuel has introduced its sports prediction markets platform, FanDuel Predicts, nationwide, adding 13 new states where sports-related event contracts will be available.
The FanDuel Predicts app launched in December 2025 in partnership with CME Group and initially entered the prediction market space in five U.S. states. The platform offers yes-or-no event contracts on sports, financial markets, and economic indicators.
The latest expansion means the app is accessible from some of the most populous states in the country, including California, Texas, and Florida. These states have limited or no access to traditional online sports betting, which makes them an important strategic focus point for FanDuel Predicts.
FanDuel Predicts lets players buy or sell positions based on perceived probabilities and operates in a format that is similar to other federally regulated prediction markets. FanDuel doesn’t offer event contracts in the states where its sportsbook already operates, explaining the decision by trying to avoid regulatory overlap.
Currently, prediction markets are supervised on the federal level; however, growing debate and scrutiny may lead to additional regulatory measures as the prediction market industry expands.
Although available in all 50 states, FanDuel Predicts has limited its sports markets to 16 states: Alaska, Alabama, California, Florida, Georgia, Hawaii, Idaho, Minnesota, Nebraska, New Mexico, North Dakota, Oklahoma, South Carolina, South Dakota, Texas, and Utah.
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