Flutter Entertainment will route every sports and novelty contract on Fanduel Predicts to Crypto.com’s exchange, leaving CME Group with only the financial markets on a venture CME majority-owns. The move comes three weeks after CME’s chief executive told analysts that many sports prediction markets amount to gambling. Flutter booked $6 million in market-making revenue in […]
Source: https://news.bitcoin.com/igaming/cme-keeps-51-of-fanduel-predicts-but-loses-its-sports-business/