Peter Jackson announced the launch of the FanDuel Predicts mobile app in December, allowing residents in states where sports betting is illegal to wager on various event outcomes.This platform, regulated by the Commodity Futures Trading Commission, aims to generate tax revenues as online sports betting becomes more widely accepted.Flutter expects that expanding this business could reduce core profit by $40 million to $50 million for the fourth quarter and $200 million to $300 million in the following year.