Fanatics introduces prediction market in 24 states
Fanatics launches its prediction market called Fanatics Markets in 24 U.S. states, allowing trades on various events. The rollout will occur over several days, including sports, finance, and politics.
Fanatics launches in 24 states
Platform for trading on events
Includes sports, finance, culture
Expanding options in early 2026
DraftKings and FanDuel also entering market
Prediction market pricing via Crypto.com
Shared wallet for full ecosystem access
Fanatics has launched its prediction market, Fanatics Markets, this week in 24 states across the U.S. This allows users to trade on various events in sports, finance, and culture.
Details of Fanatics Markets launch
The platform will begin rolling out in segments, with 10 states on Wednesday. It includes contracts covering sports, finance, economics, and politics. Fanatics plans to introduce additional contracts for categories like cryptocurrency and technology early next year.
Matt King, CEO of Fanatics Betting and Gaming, emphasized that Fanatics Markets is designed to provide fans with a safe and intuitive way to engage with significant cultural and sports moments, potentially profiting from their predictions.
Growing interest in prediction markets
Prediction markets have gained popularity as online sports betting became legal. Other companies like DraftKings and FanDuel are also entering this market by launching their platforms for trading on events.
DraftKings recently acquired Railbird, while FanDuel announced a collaboration with CME Group to release its prediction market platform. This surge indicates a growing trend within the gambling industry.
Operational details for users
Fanatics Markets will allow users to set deposit and session limits while interacting seamlessly within the Fanatics ecosystem using Crypto.com for pricing. The platform will initially go live in various states over three days.
On Wednesday, it will be available in states like Alaska and Delaware. It will then follow with others including California and Texas by Friday.
Rachel Patel is a senior news editor and journalist specializing in political journalism and digital media. With over seven years of professional experience, she is recognized for her accuracy, source verification, and audience-focused reporting approach.
Rachel earned her M.S. in Journalism & Media Studies from Stanford University (2018), where she developed expertise in media ethics, political communication, and digital storytelling.
Her career has centered on bridging traditional political reporting with the fast-paced world of online journalism. She has contributed to major global media outlets, analyzing how digital platforms — from YouTube and Reddit to TikTok and Bluesky — shape political narratives, influence public opinion, and redefine news consumption.
Now based in Berlin, Germany, Rachel serves as a Senior News Editor at Faharas NET, leading coverage on digital politics, media literacy, and social communication trends in the modern information landscape.
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