American Bettors’ Voice is in talks with other states about passing similar rules regarding how certain bettors are treated by sportsbooks. It won’t stop sportsbooks from limiting winning customers, but…
The CFTC isn’t concerned that prediction markets are offering sports event contracts. It’s manipulable markets, which could include player props, that violate the CEA. The steps taken this week by…
Amid a prediction markets gold rush are investors wary of legal risk and a glut of market participants. Kalshi and Polymarket are pitching investors on $20 billion valuations. The biggest…
Sportsbooks may finally be coming to the realization that high hold percentages have a negative impact on sustainability. There’s long been a sentiment in the sports betting community, one not…
Polymarket is taking heat after users profited from the attack on Iran; but this is just the latest example of traders taking advantage of potential inside information on calamitous events.…
The phenomenon known as tanking is creating waves in the NBA betting market. As the NBA Tankathon marches on, oddsmakers are trying to keep up by adjusting lines accordingly. Some…
Is Borod’s move from Fanatics to Polymarket part of a trend of key executives leaving the sports betting industry for prediction markets? Ari Borod has landed at Polymarket, as the…
Prediction markets are on all leagues’ radars, and it seems just a matter of time before the major ones claim their slice of the pie. While the NFL insists its…
Prediction markets are generating headlines ahead of Sunday’s Super Bowl. Here’s a round-up of top news. A few days before the Super Bowl, the biggest betting event of the year,…
Offering leveraged trading on prediction markets is another step in the wrong direction of positioning gambling as investing. Crypto.com’s unveiling of a new prediction market app that allows margin trading…