Tag: Prediction markets
Leading prediction firms share a commonality: Donald Trump Jr.
The companies running online prediction markets, where ordinary people bet on real-world events, can count on intense interest in what... more
Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status
A group of regular Kalshi users, some of whom are self-professed addicts, have filed a class-action lawsuit against the prediction market... more
New CFTC chief grapples with crypto, sports betting
Michael Selig is walking into more than just the usual policy challenges as he takes the helm of Wall Street’s main derivatives... more
Goldman Sachs explores prediction market opportunities, CEO says
Goldman Sachs Group Inc. is looking at opportunities in prediction markets, positioning the investment bank to benefit from the... more
FanDuel Predicts goes live in all 50 U.S. states, offers sports in 18
FanDuel, the biggest name in the U.S. gaming industry, has officially launched prediction markets in all 50 U.S. states on Thursday, with... more
NCAA urges federal regulators to suspend prediction markets that look a lot like gambling
OXON HILL, Md. (AP) — The NCAA sent a letter Wednesday asking federal regulators to suspend prediction markets, which are trading sites... more
Prediction market coalition brings on former Congress members
A newly formed industry group advocating for prediction market platforms has revealed the addition of two high-profile former US lawmakers... more
AGA and IGA urge Congress to address sports event contracts
The American Gaming Association and the Indian Gaming Association have written a joint letter to the US Senate and the House of... more
Senators ask CFTC chair to explain approach to ‘suspicious’ prediction market trades
A group of 12 senators signed and sent a letter asking Commodity Futures Trading Commission (CFTC) Chair Michael Selig to explain the... more
Ukraine blocks Polymarket over unlicensed gambling
Ukraine has blocked access to the popular prediction market platform Polymarket. The action was taken because authorities classify the... more
