Strange Bet Fellows: FanDuel and CME’s Latest Joint-Venture Twist

FanDuel and CME Group are revising their prediction market joint venture so that all sports-related bets placed on the FanDuel Predicts brokerage app will be executed via Crypto.com’s Nadex exchange instead of CME. To date, CME has executed single-leg sports bets placed in FanDuel Predicts, while the app incorporated…