Tag: Prediction markets
Kalshi’s trading arm muddles ‘peer-to-peer’ claims
Several Kalshi users thought they were in luck Monday night when the prediction market accepted in-game wagers on whether Chicago Bears... more
Indian gaming conference becomes rallying cry to stamp out sweeps, rail against prediction markets
Victor Rocha was in his element Wednesday. He talked about the epiphany he had nearly a year ago that Indian Country is under siege. In a... more
Oral arguments appear to go well for Kalshi in case against New Jersey
Oral arguments in Kalshi’s lawsuit against New Jersey appeared to go the way of the prediction market, according to lawyers observing the... more
American Gaming Association survey reveals most Americans think prediction markets should be regulated
The American Gaming Association on Wednesday reported that new research indicates there is a strong sentiment that sports events contracts... more
DraftKings CEO says best prediction-market opportunities are in states without online sports betting
DraftKings CEO Jason Robins said the company continues to monitor prediction markets, but is keeping the strategy close to the vest for... more
PredictIt gains CFTC approval to launch regulated exchange
PredictIt, a popular but previously unlicensed exchange for political junkies to put money on election outcomes, has won approval to expand... more
Wall Street Bets: Prediction markets, hotel revenue, second-quarter revenue
Investors focused on prediction markets David Katz of Jefferies on September 7 in a release wrote that “the focus of investors remains... more
Tribal leaders meet as threats of government shutdown and online gray markets loom
Tribal leaders from across the U.S. are gathering in Minnesota this week to discuss the current gaming and political landscapes and... more
Prediction markets land in crosshairs of new CFTC-SEC collaboration
Prediction market platforms may soon come under the scrutiny of a second federal agency. The Commodity Futures Trading Commission (CFTC) is... more
The gray area Robinhood and FanDuel are using to bring sports betting and stock trading closer together
The worlds of sports betting and stock trading have never been more closely connected. And bringing these two industries together is one... more
