While the CFTC is showing signs that it’s willing to regulate prediction markets, one operator is taking its own steps toward responsible trading. Here’s a look back at some of…
From Georgetown to investment banking to prediction market startup to industry newsletter, Sam Schwartz sits down for a wide-ranging conversation. Prediction markets caught the eye of Sam Schwartz soon after…
The CFTC is taking steps to address prediction markets’ cross-ownership of market makers, Underdog has agreed to be bought by a British trading firm, and the WNBA puts heat on…
Testimony before a House subcommittee ends up on either side of our weekly ledger, as we recap top headlines from the gambling industry this week. With the World Cup in…
Our weekly recap of gambling industry headlines includes massive World Cup trading volume on prediction markets, a Trump technical assistant and Bryce Harper missing the obvious, Nigel Eccles, and Seinfeld.…
We chatted with the founders of ProphetX and 365Prediction about the companies’ prediction market ambitions in the face of stiff competition and regulatory risk. Every day we open Twitter, it…
A W-2G is still triggered at a threshold of $2,000 in winnings, under the proposal being negotiated in the state legislature. North Carolina sports bettors will be allowed to deduct…
I don’t usually write in first person, but this week’s news hits particularly close to home. I was hoping to be giving a big ole’ bingo today to the US…
Meta is reportedly building its own prediction markets platform. Sisun, the co-founder of a nascent exchange, says there’s already a model for the tech giant to follow. After news broke…
The World Cup is in full swing, prediction market competition thickens, New York sportsbooks take a loss, and a massive jackpot is unveiled for a new NFL survivor contest. While…