FanDuel Predicts reports $119M volume as Flutter backs further investment

FanDuel Predicts recorded $119 million in third-quarter volume, up 102% from Q2, as parent Flutter committed to further investment in prediction markets.

Flutter's 4 November results report 66,000 average monthly players, up 39% quarter on quarter. Revenue from FanDuel Predicts remained immaterial in the quarter ending 30 September.

Flutter also reported October volume growth of 271% against July, a comparison between individual months rather than consecutive quarters.

Market making to support customer acquisition

CEO Dan Taylor said Flutter expects growth in market making to help fund prediction-market customer acquisition. Its sports-pricing expertise, including pricing correlated outcomes, forms part of that strategy.

Flutter said all its sports contracts had transitioned to Crypto.com. It expects prediction-market investment in 2027 at similar or higher levels.

The figures establish growth within FanDuel's own business. They do not establish profitability or its share of exchange activity. The cited disclosure does not explain the $119 million volume measure sufficiently for a like-for-like comparison with PF's exchange-level notional data.