Fanatics launches sports prediction app in 24 states

(The Center Square) – Americans can now wager on sports results through Fanatics Predicts in 24 states that have not allowed legal sports wagering including California, Texas, Georgia, Washington and more. National sportsbooks including FanDuel, DraftKings and Fanatics announced earlier this year that they would join prediction markets such as Kalshi in what they call sports event contracts where users wager against each other on the results of everything from sports markets to elections. One major difference for states is that they do not receive taxes for prediction market wagers or revenue and instead it is regulated federally through the Commodity Futures Trading Commission. Fanatics beat the rush of the national brands into the markets with FanDuel and DraftKings expected to open markets in 2026. “For years, Fanatics has given fans new ways to enhance their fandom through team merchandise, collectibles, tickets, gaming, events and more,” said Matt King, Chief Executive Officer, Fa