Tag: Prediction markets
Q&A: IGA Acting Chairman David Bean calls prediction markets biggest threat to tribal gaming
David Bean, the acting chair of the Indian Gaming Association, said sports betting on prediction markets is one of the greatest threats... more
Kalshi expands to 140 countries, announces funding, $5 billion valuation
Kalshi, a prediction market based and previously only doing business in the United States, on Friday morning announced that it had expanded... more
Kalshi adds more NFL player props
Kalshi continues to add new sportsbook-style sports event contracts, posting several over/under markets ahead of the Thursday night NFL... more
Pennsylvania gambling regulator asks lawmakers to act against proliferation of prediction markets
Pennsylvania Gaming Control Board Executive Director Kevin F. O’Toole has called on lawmakers to press the Commodity Futures Trading... more
Nevada Gaming Control Board: The prediction market “gig is up”
A member of the Nevada Gaming Control Board Wednesday said that prediction market operators will lose out in the end in their bid to take... more
Regulator writes to Pennsylvania’s reps in D.C with prediction market concerns
Pennsylvania Gaming Control Board Executive Director Kevin O’Toole has sent a letter to the state’s congressional representatives in... more
Pennsylvania Gaming Control Board asks for clarification as 18-year-olds can “invest” on sports game outcomes
The Executive Director of the Pennsylvania Gaming Control Board has written a letter to the Commonwealth’s two U.S. Senators and 17... more
Is sports betting illegal in your state? Not if you call it a ‘prediction market’
Online sports betting is not legal in Minnesota, but that hasn’t stopped Ian White from trading money on the outcomes of N.F.L. games.... more
Sports betting stocks fall on NYSE owner’s $2B Polymarket investment
Several sports betting companies saw their stock take a downward turn Tuesday morning following a major announcement from a prediction... more
Kalshi sues Ohio gambling regulators, attorney general’s office
An online betting platform is suing the Ohio Casino Control Commission and the state Attorney General’s office, saying the state has... more
