Flutter Shifts Sports Contracts to Crypto.com as Market Making Booms

Flutter Entertainment has made significant changes to its FanDuel Predicts platform, shifting all sports and novelty contracts to Crypto.com. The move is part of a broader reshaping of the prediction market offering, with CME retaining financial markets.

The change brings a modest economic benefit, but Flutter emphasizes the expanded product selection as the key advantage for customers.

Flutter's market making operation has also seen rapid growth, generating $6 million in Q2 revenue and expected to reach $50 million by 2026. The company sees itself uniquely positioned to provide liquidity for combination markets across prediction market platforms.