CME Group partners with FanDuel to explore event contract opportunities

The Nevada Gaming Commission held a special board meeting on August 21, 2025, focusing on significant developments in the gaming industry, particularly a new partnership between CME Group and FanDuel. This collaboration aims to explore business opportunities in the events contract space, although no specific contracts have been finalized yet.

During the meeting, Commissioner Krolicki raised concerns about the implications of this partnership, especially regarding compliance with both state and federal regulations. The representatives from FanDuel assured the commission that they are committed to adhering to the Nevada Gaming Control Act and will seek guidance from their compliance committee before making any decisions about potential contracts. They emphasized their intention to operate transparently and in alignment with regulatory expectations.

The discussion also touched on the potential for conflict between the Commodity Futures Trading Commission (CFTC) and state regulations, particularly as the landscape of predictive markets evolves. The representatives acknowledged the sensitivity of these issues and reiterated their commitment to ensuring that any future activities would not jeopardize their licenses in Nevada or other jurisdictions.

Additionally, the meeting addressed the ongoing partnership between Flutter and Boyd Gaming, which is set to extend through 2038. This aspect of the discussion highlighted the long-term commitments within the gaming industry and the importance of maintaining compliance throughout these agreements.

Overall, the meeting underscored the complexities of navigating regulatory frameworks in the rapidly changing gaming landscape, with a focus on ensuring compliance and protecting consumer interests. The commission's vigilance in monitoring these developments reflects the ongoing challenges faced by the industry as it adapts to new market opportunities.