Polymarket, Kalshi, Coinbase and Gemini Titan have been asked to disclose details about their users, advertising practices and influencer marketing. The New York City Council has launched an investigation into…
The abrupt dismissal leaves unanswered whether the dispute was resolved privately and what it could mean for prediction markets’ reliance on third-party data. FlightAware abruptly abandoned its legal challenge against…
Republican gubernatorial candidate Byron Donalds has attracted donations from prediction markets, gaming operators and the Seminole Tribe. Gambling companies and tribal gaming stakeholders have poured more than $12 million into…
The regulator says New York’s attempt to stop Kalshi from offering event contracts threatens to disrupt derivatives markets nationwide. The Commodity Futures Trading Commission (CFTC) has issued an emergency order…
The filings, which cover spreads, totals, player props and other football markets, come days after the exchange self-certified its own combo products. DraftKings is preparing for football season with a…
Bloomberg reports Kalshi parlay players losing as much as $294 million since the start of the year, but the actual number is probably a lot more. Gambling Insider investigates. A…
Three legislators want a ban on personalized marketing to VIP customers. Three members of Congress are pressing MLB and the baseball players’ union to tighten sportsbook promotion policies following the…
The federal court decides that Kalshi is unlikely to prevail on either of its central legal arguments, while noting that sports generated up to 90% of the prediction market’s revenue.…
The National Council on Problem Gambling defends its Kalshi partnership by calling prediction markets the ‘latest evolution of gambling-like platforms.’ Almost three months after the National Council on Problem Gambling…
The federal regulator says pricing displays that obscure market depth or mislead traders could violate federal rules against manipulative practices. The Commodity Futures Trading Commission (CFTC) has warned the prediction…