Search Results for "Prediction Markets"
Inside the Transition: Tribal lawsuits could follow DraftKings’ prediction-market push
DraftKings’ continued push into prediction markets could cost the company its tribal sportsbook partnerships, according to Indian Gaming Association Chair Victor Rocha, who predicts the operator…
Polymarket Sues New York AG Letitia James Hours After Being Sued for Illegal Gambling
New York Attorney General Letitia James sued Polymarket on Thursday, alleging unlicensed gambling and targeting underage users. Hours later, Polymarket filed a federal lawsuit arguing the CFTC has exc…
Prediction Markets Leave Users With Fewer Gambling Safeguards
A Roosevelt Institute analysis says prediction markets could bypass state gambling rules, leaving users with fewer odds and addiction safeguards. The post Prediction Markets Leave Users With Fewer Gam…
Kalshi Membership Puts Problem-Gambling Groups at Odds
Prediction markets face fresh scrutiny as NCPG defends Kalshi membership, while affiliates and regulators cut ties over gambling risks. The post Kalshi Membership Puts Problem-Gambling Groups at Odds …
Robinhood’s Event Contracts Reach $156 Million as Sports Face Scrutiny
Robinhood's prediction markets generated $156 million in Q2 as crypto and economic contracts expand beyond sports amid legal scrutiny. The post Robinhood’s Event Contracts Reach $156 Million as Sports…
Kalshi’s Second Appellate Loss Deepens Prediction Market Split
Kalshi prediction markets face conflicting appeals court rulings, leaving state gambling laws and federal oversight at odds across the US. The post Kalshi’s Second Appellate Loss Deepens Prediction Ma…
Sportsbooks Retain Four-Fifths of Projected NFL Betting
Prediction markets are forecast to win about 20% of NFL betting this season, while sportsbooks retain the larger share of a $40.5 billion market. The post Sportsbooks Retain Four-Fifths of Projected N…
Morgan Stanley Joins NEXTPredict as Prediction Markets Bet on 'More Institutional' Play
The bulk of prediction market trades are still sports bets, while valuations are predicated on rising institutional interest.
Kalshi loses again as judges rule prediction markets must obey gambling laws
Kalshi's defiance of state gambling laws may be headed to Supreme Court.