CME Group and FanDuel have announced a partnership to launch event contracts that allow users to wager on a wide range of financial markets, including the S&P 500, Nasdaq 100, oil, gas, gold, cryptocurrencies, GDP, and CPI. This new platform will enable bets as low as $1 and is designed to gamify market participation. The collaboration aims to expand access to financial markets beyond traditional sports betting, introducing a new revenue stream for FanDuel's parent company, Flutter Entertainment. The event contracts will let users place yes-or-no wagers on financial events and benchmarks, with the service expected to launch later this year. Meanwhile, the NFL has expressed concerns about prediction markets, warning that platforms like Kalshi, Robinhood, and Polymarket may pose risks of manipulation or price distortion due to limited regulation, and currently consider sports event contracts akin to prohibited sports betting activities.