Tag: Prediction markets
Kalshi says Nevada’s discovery request asks for ‘utterly irrelevant’ information
Kalshi has argued that Nevada’s effort to require discovery in the two parties’ lawsuit is a distraction, and that the state is asking... more
Kalshi self-certifies to offer football player props, point spreads, over-unders
Kalshi is set to offer markets in three categories for football, unless the Commodity Futures Trading Commission (CFTC) prohibits it from... more
Nevada court filing asks Kalshi to release communications in call for discovery
The state of Nevada has called for Kalshi to offer up all of its communications about event contracts with the Commodity Futures Trading... more
Flutter leadership celebrates second quarter results
“I’m delighted to report a strong set of results for the quarter,” began Flutter Entertainment CEO Peter Jackson, kicking off... more
Coinbase to launch U.S. prediction platform in the coming months
Cryptocurrency exchange Coinbase has revealed plans to expand its operations in the US to include prediction markets and other services.... more
Federal district court rules against Kalshi in Maryland sports betting case
U.S. District Judge Adam B. Adelson has denied a motion by prediction market Kalshi that attempted to block the Maryland regulators from... more
OPINION: Contract gambling has become a runaway train
On July 21, the Senate Agriculture Committee’s scheduled vote to confirm Brian Quintenz — a financial manager and former commissioner... more
Nevada Rep. Titus asks CFTC for all ‘relevant communications’ about nominee
U.S. Rep. Dina Titus, a Nevada Democrat and co-chair of the Congressional Gaming Caucus (CGC), on Monday sent a letter to acting Commodity... more
Robinhood made $10M from Q2 event contracts, most of Kalshi’s volume
Robinhood users traded around $1 billion worth of event contracts on Kalshi markets during the second quarter of the year, the company’s... more
Fight heats up between tribal gaming operators and prediction markets
As the legal fight heats up in California between tribes and companies that offer sports events contracts, the Indian Gaming Association is... more
