Prediction markets faced growing pressure from courts and lawmakers this week, even as operators reported record World Cup activity and continued expanding into new products and partnerships. As results highlight…
The prediction market operators filed a preemptive federal lawsuit days after Washington secured a preliminary injunction against Kalshi. Crypto.com’s prediction market platform, OG, has sued the State of Washington in…
The remarks came one day after CME certified additional sports-event contracts and weeks after FanDuel Predicts, its joint venture with Flutter, expanded its sports offering through a partnership with Crypto.com’s…
Organized crime, international betting networks and evolving products such as prediction markets are reshaping the fight against match-fixing. Senior Department for Culture, Media and Sport (DCMS) officials warned the House…
The Elections Commission says trading election prediction contracts may disqualify voters from casting a ballot in that election. The Wisconsin Elections Commission (WEC) has warned that residents who trade election…
Ireland’s gambling regulator says prediction markets must block local users or risk High Court enforcement, as Polymarket and Kalshi add the country to their restricted jurisdictions. The Gambling Regulatory Authority…
New AGA and NIGC reports show that commercial and tribal gaming revenue continues to grow, despite the growing popularity of prediction markets. The U.S. gaming industry is posting record revenue…
The court found Washington is likely to succeed on claims that Kalshi’s event contracts violate state gambling laws, rejecting the operator’s argument that federal law preempts state enforcement. A Washington…
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.…
A Congress subcommittee will discuss sports event contracts, while gambling operators begin reporting earnings, and more June sports betting figures are likely to come. Prediction markets remain at the center…