Fanatics is officially entering the prediction market arena with the launch of “Fanatics Markets” on iOS. This move marks another major player joining the rapidly expanding industry, following recent entries by other financial and tech giants.
According to a report by Sportico1, the new platform will be rolling out support for California and Texas, the two largest US markets, in just a few days. This aggressive rollout strategy highlights the growing demand and regulatory shifts allowing for broader access to these markets.
While there is currently no word on whether Fanatics Markets will offer climate or weather-related derivatives, their entry significantly validates the prediction market model.
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