The no-cash-deposit prediction platform is targeting 200 million users by 2030. SafeBets is leaning on sports and politics to exponentially broaden its audience, while it expects financial market forecasts to…
Federal appeals are taking on a larger role in the prediction market fight, while the CFTC is moving toward new rules for the sector. Prediction market disputes continued to shift…
While some executives praised the CFTC’s oversight, others questioned its approach to self-certification and whether some contracts should be offered at all. Commodity Futures Trading Commission (CFTC) Chair Michael Selig…
Prediction market startup ADI Predictstreet, which, seemingly out of nowhere, became a FIFA partner, values its network in the billions. But Gambling Insider’s investigation reveals a venue that earns just…
The lawsuits mark an escalation from subpoenas issued earlier this year, when Uthmeier said his office remained open to dialogue with operators. Florida Attorney General James Uthmeier has sued sweepstakes…
Why is ADI Predictstreet so guarded about its connections to International Holding Company (IHC) and the Abu Dhabi royal family? That’s the question we have been seeking answers to over…
The World Cup exposed how closely sports piracy and unregulated gambling now operate, with illegal streams monetizing audiences through betting ads, referrals and repeat impressions. About 174.3 billion qualifying illegal…
An unidentified buyer has reportedly expressed interest in Bally’s project adjacent to the A’s ballpark. A deal must be struck before Thursday. Bally’s Corporation could sell its planned Las Vegas…
The sports-focused exchange reported significant early trading activity as it simultaneously fights regulators in five states. Novig generated more than $125 million in notional trading volume during the first week…
Former Cuomo aide says New York should start taxing Kalshi and other prediction market operators. SARATOGA SPRINGS, NY – The story of the year in gambling has been the legal…