FanDuel partners with the Chicago Mercantile Exchange to launch betting products on stocks, commodities, and even the Consumer Price Index (CPI).

FanDuel, an online gambling platform owned by Flutter Entertainment Plc, is partnering with the largest derivatives exchange, CME Group, in the United States, to launch products that allow betting on stocks, commodity prices, and even inflation. The two companies announced on Wednesday that these event-based contracts are expected to be launched later this year, and will be linked to market benchmarks such as the S&P 500 Index and the Nasdaq 100 Index, as well as prices of oil and natural gas, gold, cryptocurrencies, and key economic indicators such as GDP and CPI. Both parties stated that these bets will be presented in the form of regulated financial products, rather than traditional casino gambling. Users will only need to pay a minimum of $1 per day, and can express their views on various markets multiple times by simply choosing "yes" or "no".