Tag: Prediction markets
Nevada regulators caution gaming industry after court decision on prediction markets
Following a favorable decision in federal court, the Nevada Gaming Control Board late Tuesday sent another notice to the casino industry,... more
Federal judge rules Kalshi must stop offering prediction contracts in Nevada
Controversial financial exchange platform Kalshi will be forced to at least temporarily abandon offering sports contracts in Nevada after a... more
Gambling, prediction markets create new credit risks, Bank of America warns
Bank of America is sounding the alarm over the explosive growth of prediction markets and sports gambling, warning it could lead consumers... more
Sweepmate applies US-style predictions product to UK soccer matchdays
The founders of Sweepmate set out to build a matchday-optimized game that follows every twist of live football, and move beyond what... more
Kalshi self-certifies to offer politics, economics parlays
Kalshi has self-certified parlays on political or economic outcomes and may soon start offering those bets, a new filing with the Commodity... more
What does the future hold for prediction markets after big players break from AGA?
Jill Dorson, InGame managing editor, broke one of the biggest stories of the year in the gaming industry last week after she received an... more
Prediction markets dominate gaming summit in Boston
Ten gaming companies traveled to Boston for the 13th yearly Truist Securities GLL Summit last week. Truist analyst Barry Jonas boiled the... more
Kalshi says it can’t be sued by Wisconsin tribe over IGRA
Kalshi has filed a motion to dismiss a Wisconsin tribe’s lawsuit against the prediction market, arguing that the tribe has no grounds to... more
Financial trading firm Jump Trading hops onboard sports event markets trend
Chicago-based trading firm Jump Trading has started creating markets on sports event contracts offered by Kalshi, according to Bloomberg.... more
Clearing Company looks to start prediction market with CFTC application
San Francisco financial services company Clearing Company has filed an application with the Commodity Futures Trading Commission to become... more
