CME Group Inc. and FanDuel are scaling back a joint effort to take on prediction market startups after failing to gain traction in a booming industry that has quickly come to represent a threat to both Wall Street exchanges and traditional sportsbooks.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-05/cme-fanduel-venture-falters-as-prediction-startups-race-ahead)