Fanatics Markets Regulated US

★★★★★ 60.8 PMR Score

A major sports brand's fresh entry, live in select states.

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Founded2025 (Markets)

HeadquartersNew York, NY

OwnershipFanatics (Michael Rubin)

RegulationCFTC (via acquired registration)

CategoryRegulated US

StatusLive

Fanatics Markets is the prediction-markets arm of the Fanatics sports empire, launched in December 2025 and rolling out across a growing list of states. Fanatics secured the necessary regulatory registration by acquiring Paragon in 2025.

The strength is brand reach across a huge sports fanbase; the limitation, as a brand-new entrant, is a still-narrow catalog and partial state availability.

Markets offered

SportsPop Culture

Pros & cons

Pros

Strong sports brand and audience
Backed by a major sports-commerce company

Cons

Brand-new with a narrow catalog
Available in a limited set of states

Best for Sports fans in supported states curious about a new entrant.

Score breakdown

Liquidity

Regulation

Market Breadth

Cost

Transparency

⚠ Important — please read

Prediction markets involve real financial risk and you can lose your entire stake. Availability and legality vary by jurisdiction and are changing rapidly. This review is independent and informational only — it is not financial, investment, or legal advice or an endorsement to trade. Verify this platform's current legal status where you live before depositing funds. Figures reflect public reporting and may be out of date.