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Finance & Markets

CME, FanDuel Venture Falters as Prediction Startups Race Ahead

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.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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