Tag: Prediction markets
Upstart prediction market leader Kalshi has invaded sports betting. Here’s why it matters to Nevada
Nevada’s gaming companies have invested millions of dollars in their sportsbooks since casinos took their first sports wagers in 1949.... more
Gaming execs: Sweepstakes operators on the run
Gaming executives and tribal leaders said Wednesday they believe they have sweepstakes operators on the run. They also waxed optimistic... more
FanDuel, Kalshi have discussed a deal: report
FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, Front Office Sports... more
Moment of ‘truth’: Parsing the semantics and antics behind Kalshi’s claim
Tarek Mansour, the CEO and co-founder of Kalshi, turned heads twice this spring with his use of the word “truth” on the social media... more
Tribes are free to offer event contracts, says CFTC nominee at Senate hearing
President Donald Trump’s pick to lead the Commodity Futures Trading Commission (CFTC) Brian Quintenz Tuesday began the confirmation... more
Why Nevada gaming regulators are on the warpath against sports prediction platform Kalshi
Nevada sportsbook operators were smiling Thursday evening during much of the opening game of the NBA Finals between the Oklahoma City... more
X.com names Polymarket as official prediction market partner
X, formerly Twitter, announced on Friday that it has partnered with Polymarket, naming it the platform’s official prediction market... more
Crypto.com calls for injunction to block Nevada cease-and-desist over sports event contracts
Crypto.com has called for a preliminary injunction to allow it to keep offering its sports event contracts in Nevada, arguing the state’s... more
Musk’s X teams up with Polymarket after apparent Kalshi snub
Elon Musk’s social media site X has named Polymarket as its “official prediction market partner” less than three weeks after Kalshi... more
Arizona gaming director criticizes Commodity Futures Trading Commission
Director of the Arizona Department of Gaming Jackie Johnson has criticized the Commodity Futures Trading Commission for its handling of... more