CME Eyes Sports Contracts, FanDuel Role Unclear for Now (Casino.org)

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 Report suggests CME Group could offer sports event contracts before the end of 2025 FanDuel’s role, if any, isn’t yet known CME Group (NASDAQ: CME), the owner of the Chicago Mercantile Exchange (CME), is reportedly looking to offer sports event contracts by the end of this year, ramping up the exchange operator’s competition with prediction markets rivals Kalshi and Polymarket. The CME Group logo. The exchange operator is rumored to be considering sports event contracts. (Image: CME Group) Citing unidentified sources with knowledge of the matter, Bloomberg broke the news earlier today. It’s possible the CME sports contracts will be made available via futures commission merchants (FCMs) and other related platforms, potentially opening the door for retail brokers to offer the derivatives to clients. However, the situation is fluid and could change the sources told Bloomberg. News of CME’s potential sports derivatives foray emerged 10 days after rival Intercontinental Exchange (NYSE: ICE), which owns the New York Stock Exchange (NYSE),…Read MoreCategory: Financial, Rumors, Sports Betting, rumors, sports bettingSource: Casino.org

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