Fanatics to Acquire BGC’s Regulated Exchange and Clearing House, Launch Prediction Market Business
2026-07-27 14:49
Odaily Odaily Planet Daily News: Sports merchandise and betting platform Fanatics will acquire BGC’s federally regulated exchange and clearing house to launch and settle its own prediction market business.
Fanatics and BGC also plan to develop new market data products that combine prediction market activity with traditional financial market data. The deal allows Fanatics to enter the prediction market space, competing head-to-head with platforms such as Kalshi and Polymarket.
Fanatics and BGC also plan to develop new market data products that combine prediction market activity with traditional financial market data. The deal allows Fanatics to enter the prediction market space, competing head-to-head with platforms such as Kalshi and Polymarket.
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