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Prediction Markets
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Prediction market roundup: Volume on 2026 US midterms approaches $1 billion
As Washington D.C. prepares for arguably the most momentous Midterm elections in decades, leading prediction markets have seen a flurry of trading on election contracts
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Kalshi CEO defends prediction markets' transparency amid insider trading cases, regulatory disputes
At DC Fintech Week
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Episode 43: NFL prediction markets and the M&A value debate
The pair discuss how prediction markets are eating into NFL handle, using H2’s unreleased data.
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Hacksaw launches B2B prediction markets platform with MGA Type 3 approval
Hacksaw is moving into a market that Bernstein estimates could reach about $1 trillion in annual trading volume… The post Hacksaw launches B2B prediction markets platform with MGA Type 3 approval appeared first on European Gaming Industry News.
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After Investment Division: Hacksaw Launches B2B Prediction Markets Platform
In March, casino game provider Hacksaw Gaming announced the introduction of Hacksaw Ventures, a fresh iGaming “investment and acceleration” division looking to support early-stage companies interested in reshaping the gaming ecosystem. Now, the group has another exciting announcement: the launch of a business-to-busin…
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Nevada Regulator Fights CFTC Market Prediction Rules
Nevada Gaming Control Board Chairman Mike Dreitzer has blasted the federal government for its approach to prediction markets, saying that sports event contracts should be considered the same as traditional sports bets. Nevada Gaming Chief Challenges CFTC’s Treatment of Sports Contracts On October 14, Dreitzer challeng…
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Prediction markets innovation claims questioned by tribal, state gaming regulators
Prediction markets have moved into the mainstream, bolstered by a large consumer appetite for sports-event contracts and a friendly regulatory scheme with the Trump administration. Kalshi and other companies argue that their sports-event contracts, which they claim meet the legal definition of a swap, are innovative, …
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Nevada Regulator Not Planning For Supreme Court Loss On Prediction Markets
Nevada Gaming Control Board Chairman Mike Dreitzer says prediction market operators are committing crimes, and he’s warning tribes and gaming operators against hedging their bets on the industry w...
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Nevada: Gambling regulator not surprised by CFTC’s rulemaking on prediction markets
The decision by the Commodity Futures Trading Commission (CFTC) to advance a regulatory overhaul of prediction markets late last Friday did not come as a surprise to Nevada’s top gaming regulator. “Definitely, this is the next step that they have taken to try and continue to do what they can, and by they, I mean... Re…
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NBA & WNBA Unveil New Responsible Gambling Campaign
The National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA) unveiled a new responsible gambling campaign. Designed alongside the National Council on Problem Gambling (NCPG), this new campaign aims to raise awareness of the risks associated with sports betting and prediction markets…
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Election Bets Face Rising Opposition by US Citizens
A new Reuters/Ipsos poll revealed that most Americans oppose using prediction markets to wager on US elections, military operations, and government decisions. This trend may be problematic for an industry aiming to broaden its public appeal. It also suggests that commercial growth and success don’t mean Americans want…
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CFTC Proposes New Framework for Sports and Political Event Contracts
The Commodity Futures Trading Commission (CFTC) has proposed changes that would formally classify event contracts tied to sports, politics, culture, and weather as swaps under federal law, opening a new chapter in the growing battle over prediction markets in the United States. The proposal, annouced October 9, would …
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NBA, WNBA Launching Responsible Gaming Campaign With NCPG
The NBA and WNBA will launch a responsible gaming campaign that warns fans about the risks of both sports betting and prediction markets, partnering with the National Council on Problem Gambling to...
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Matchbook Expands Global Exchange Reach by Acquiring Betdaq
Betting Exchange Consolidation Follows Prediction Markets Expansion Matchbook has taken over rival betting exchange Betdaq, increasing its reach in the… The post Matchbook Expands Global Exchange Reach by Acquiring Betdaq appeared first on iGaming Express.
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Matchbook completes acquisition of rival exchange Betdaq
Matchbook’s Betdaq acquisition brings together two established betting exchanges as peer-to-peer betting and prediction markets gain global momentum.
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Matchbook builds on prediction markets momentum with Betdaq takeover
Matchbook has followed last year’s expansion into prediction markets with a significant scaling of its global reach via a takeover of rival exchange Betdaq. In Matchbook’s home market of the UK, the acquisition brings the number of major betting exchanges down to four, with one big fish engulfing another. The other th…
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NBA and WNBA target sports betting and prediction markets with new RG campaign
The campaign will target fans across both the NBA and WNBA, with a particular focus on young adults The post NBA and WNBA target sports betting and prediction markets with new RG campaign appeared first on NEXT.io.
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Prediction Markets Under Scrutiny for Murder Trial Bets
Prediction markets are facing fresh criticism over wagers on criminal trials, with bets on the case of Massachusetts mother Lindsay Clancy raising concerns about jury impartiality, confidential court information, and the risk that financial incentives could influence justice. Courts now face a dilemma about how to pro…
Read summary →Poll: Most Americans Oppose Betting On Elections Through Prediction Markets
Most Americans oppose using prediction markets to bet on U.S. elections, according to a new Reuters/Ipsos poll released weeks before the midterms. The poll, conducted Sept. 30 through Oct. 5, found...
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Will SCOTUS take up prediction markets case after CFTC issues proposed rules on swaps?
After an appellate court classified sports event contracts as wagers on sports, the CFTC aims to broaden swaps to encompass the derivatives.
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Scout Gaming CEO eyes platform-led growth through new channels
The supplier is targeting media, telecoms and publishing partners while developing influencer-led gaming and monitoring opportunities in prediction markets The post Scout Gaming CEO eyes platform-led growth through new channels appeared first on NEXT.io.
Read summary →The NBA and NFL Agree on What is Wrong with Prediction Markets, Not on Who Should Fix It
“We want access to that data. We also want control of the market,” Silver said on CNBC’s Squawk Box on… The post The NBA and NFL Agree on What is Wrong with Prediction Markets, Not on Who Should Fix It appeared first on iGaming Express.
Read summary →Novig’s New Sydney Sweeney Ad Takes Aim at Non-Sports Prediction Markets
Novig’s new Sydney Sweeney ad targets non-sports markets. Earlier growth figures do not isolate ad effects, and current access excludes three states. The post Novig’s New Sydney Sweeney Ad Takes Aim at Non-Sports Prediction Markets appeared first on iGaming Express.
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Las Vegas Sands Has No Intention to Explore Prediction Markets
Patrick Dumont, the recently appointed CEO of casino giant Las Vegas Sands (LVS), shared his vision of the company’s future. He stressed that while international growth remained a priority, the operator would not expand into the prediction market space. Instead, Las Vegas Sands will prioritize promising jurisdictions …
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DATA.BET: "We have made our prediction markets as simple and user-friendly as possible, more suited to a betting player"
Interview with Susanna Sargsyan Susanna Sargsyan, Senior Business Development Manager at DATA.BET
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CFTC proposes rules to confirm prediction market authority
The Commodity Futures Trading Commission (CFTC) has strengthened its oversight over prediction markets, issuing two proposals that would formally define event contracts as “swaps” under federal law while prohibiting traditional gambling. The first proposed rule would expand the definition of “swap” to include event co…
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NFL Puts State Authority at Heart of Prediction Markets Case
The NFL urges the U.S. Supreme Court to let states regulate prediction markets, challenging the federal approach to sports-linked contracts. The post NFL Puts State Authority at Heart of Prediction Markets Case appeared first on CasinoBeats.
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US Supreme Court Faces Rising Pressure to Hear Prediction Market Dispute
New Jersey’s appeal against prediction platform Kalshi has become the focal point for calls from 39 state attorneys general and Native American tribe representatives urging the Supreme Court to issue a definitive ruling regarding the increasingly contentious prediction markets. With conflicting rulings coming from ind…
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NFL Implores US Supreme Court to Rule Prediction Markets Are Gambling
The National Football League (NFL) is asking the US Supreme Court to classify prediction markets as gambling apps, citing concerns about the game’s integrity due to unclear rules and limited regulatory oversight of sports wagering. NFL Submits an Amicus Brief to the Supreme Court The league submitted an amicus brief i…
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Letter From America 63
Perhaps unsurprisingly, our latest Letter From America is all about prediction markets and the increasingly contentious battle to rein-in and marshall the... Read More...
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Macquarie Is Bullish on Gambling Stocks and Prediction Markets Growth
Macquarie, one of Australia’s largest banks, remains positive on gaming stocks heading into the Q3 results season, despite gambling companies’ shares falling 12% over the past month. Macquarie Publishes Its Analysis Ahead of Q3 Results According to an October 7 preview note, Macquarie thinks that US online betting and…
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NFL Tells Supreme Court Sports Prediction Markets Belong Under State Gambling Laws
The National Football League has urged the US Supreme Court to take up the growing legal dispute over prediction markets, arguing that sports event contracts are a form of gambling and should remain subject to state gambling laws. In an amicus brief supporting a petition against Kalshi, the league said the current leg…
Read summary →DraftKings Sued By Seminole Tribe Over Sports Predictions In Florida
The Seminole Tribe of Florida is suing DraftKings, alleging the company’s prediction markets and fantasy sports offerings violate the Tribe’s exclusive rights to operate sports betting in...
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NFL Submits Prediction Markets Stance To Supreme Court
The NFL is backing New Jersey in its bid to bring its fight with Kalshi to the Supreme Court. The league filed an amicus brief Thursday arguing that sports event contracts are not swaps and should...
Read summary →Prediction Market Retreat Continues In Three States
Prediction markets are pulling back sports contracts in three more states amid mounting state regulatory pressure. Coinbase agreed Wednesday to stop offering new sports event contracts in Michigan by...
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SOFTSWISS wins Aggregator of the Year, launches 2027 iGaming Trends report at SBC Summit
New trends, prediction markets on focus
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BofA Said “Buy,” DraftKings Shares Went Up 5%
DraftKings shares rose about 5% after Bank of America upgraded the sports betting company from “Neutral” to “Buy,” pointing to the growing potential of prediction markets. Analyst Julie Hoover kept a $27 price target for DraftKings, which entered the prediction market scene after buying Railbird Technologies Inc. and …
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Sticks And Stones, Prediction Markets Looking To Blitz Europe
The recent dismissal–attributed to DraftKing’s CEO Jason Robins, but actually delivered by fellow Co-founder Matt Kalish–referring to Kalshi and other prediction markets... Read More...
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Coinbase agrees to cease sports-related event contracts in Michigan
Michigan has taken action against unlicensed operators offering sports wagering disguised as federally regulated prediction markets The Michigan Gaming Control Board announced that Coinbase Financial Markets has agreed to stop offering new sports-related event contracts to Michigan customers on October 10, and to clos…
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EDGE Markets Will Implement AI Agents for Prediction Markets Trading
US financial services company EDGE Markets is deploying AI agents on its EDGE Pro platform and partners to serve as automated margin guardrails for institutions participating in 24/7 prediction market trading. EDGE Markets Announces Integration of AI Agents According to the company, the new capabilities are designed t…
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Predict 2026: Prediction markets a generational shift in wagering
Higher Roller Technologies is preparing to enter the crowed prediction market space next month, as CEO Seth Young sees a massive opportunity in a rapidly growing industry, but just don’t call it gambling. “I think we are witnessing a generational shift in how wagering or trading activity is consumed,” said Young, who …
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SOFTSWISS Wraps Up SBC Lisbon With Award and 2027 iGaming Trends Report
SOFTSWISS marked its presence at SBC Summit Lisbon with an industry award, the launch of its fifth iGaming Trends report, and a series of discussions on AI, regulation, digital maturity, and the rise of prediction markets. SBC Summit Lisbon brought together 40,000 industry professionals from more than 150 countries. F…
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Ohio sends cease-and-desists to 10 prediction markets
Governor Mike DeWine and Ohio Casino Control Commission chair Thomas Stickrath signed the letters, which went to Polymarket, Novig, Underdog, Coinbase, ProphetX, Robinhood, Gemini Titan, WeBull, Plus500, and MooMoo Financial. Moreover, Kalshi wasn’t among the recipients this time, even though it’s the company that los…
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Underdog doubles Q3 revenue before deal completion as IG lowers 2026 outlook
The FTSE 100 group’s deal of up to $1.3bn for a US prediction markets operator comes as European… The post Underdog doubles Q3 revenue before deal completion as IG lowers 2026 outlook appeared first on European Gaming Industry News.
Read summary →SOFTSWISS cierra su participación en SBC Summit Lisbon con un premio y su informe de tendencias 2027
La compañía fue reconocida como Aggregator of the Year, presentó la quinta edición de su informe anual de tendencias y abordó temas como inteligencia artificial, regulación, madurez digital y prediction markets. SOFTSWISS cerró su participación en SBC Summit Lisbon con un nuevo reconocimiento en los SBC Awards 2026, e…
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Predict 2026: CFTC, states battle over regulatory authority
As prediction markets rapidly expand, especially sports event contracts, one of the most important questions that needs to be answered is who should regulate them – the Commodity Futures Trading Commission (CFTC) or state gaming regulators. “So, states versus the CFTC, I have been calling this a legislative mess on ou…
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Kalshi and CFTC Score Court Win as Judge Halts Illinois Prediction Market Rules
A federal judge in Illinois has handed Kalshi and the CFTC a win in their fight over prediction markets. Judge Martha M. Pacold ruled on October 2 that Illinois cannot enforce several of its gambling laws against Kalshi while the case plays out. The decision covers three joined cases brought by Coinbase, the United St…
Read summary →Ohio Orders 10 Prediction Markets, Brokers To Stop Sports Event Contracts
The Ohio Casino Control Commission sent cease-and-desist letters Friday to 10 prediction market operators and brokers offering sports event contracts, giving them until Oct. 16 to confirm in writing...
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G2E: Prediction markets face fiery opposition from regulators, gaming executives
The composition of the panelists assembled for “From Casino Floors to Prediction Markets: Comparing Compliance, Oversight, and Risk” at the Global Gaming Expo (G2E) last week fit certain stereotypes. Mike Dreitzer, the chairman of the Nevada Gaming Control Board (NGCB), came across as a stern-but-fair university profe…
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Mormon Religious Leader Slammed Prediction Markets and Online Betting
D. Todd Christofferson, leader of The Church of Jesus Christ of Latter-day Saints, a Mormon church, criticized prediction markets and sports betting and their rapid growth, saying they foster greed, particularly among youths. Religious Leader Criticized Prediction Markets Christofferson warned that rampant betting amo…
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Wall Street Bets: G2E, DraftKings
David Katz of Jefferies on October 5 weighed in on the recent Global Gaming Expo: “G2E reinforced our view that gaming equities remain caught between weak near-term narratives and stronger long-term earnings power. Prediction markets again dominated discussions, alongside demand trends, consumer health, and capital al…
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TMX Group eyes prediction markets expansion in Canada
Toronto Stock Echange's parent
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Ohio Not Backing Down, Gov Says Kalshi Is Equal to Illegal Gambling
Prediction markets have once again come under fire in Ohio, with Gov. Mike DeWine calling out the sector as “illegal gambling” and arguing that state laws ought to be applied to operators such as Kalshi. Gov. DeWine said that the US Sixth Circuit Court of Appeals will now allow the Buckeye State to leverage its […]
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ProphetX signs technology partnership with Plaee
Plaee’s single integration connects with ProphetX to launch and grow a durable prediction markets distribution business ProphetX, America’s first federally regulated sports-native prediction market, has announced a strategic technology partnership with Plaee, a leading prediction-native technology provider serving pre…
Read summary →Polymarket Bank-Failure Bets Prompt Probe Calls
Prediction Markets Draw Scrutiny Over Financial Stability Risks Polymarket has taken $77,507 in positions on whether major global banks will… The post Polymarket Bank-Failure Bets Prompt Probe Calls appeared first on iGaming Express.
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Kalshi Comes Under New Scrutiny on Gambling Risks as User Relapses
A former sports bettor who self-excluded from regulated gambling sites went on to lose more than $25,000 trading on Kalshi, raising new questions about prediction markets and gambling harm. Self-Excluded Bettor Loses More Than $25K Trading on Kalshi The Pennsylvania man, who uses Thomas as his middle name, first devel…
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Loyola Course Discusses the Risks of Sports Betting
Loyola University Chicago is introducing a new undergraduate course to study the impact of sports betting and prediction markets on the US sports industry. Loyola Course Explores the Growing Role of Gambling in US Sports The course, launched in Spring 2025 by the university’s Quinlan School of Business, focuses on the…
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Czech Republic Blocks Kalshi Over Unlicensed Gambling
The Czech government has moved to restrict access to Kalshi, giving internet service providers less than two weeks to block the platform. The Ministry of Finance announced on 30 September that the US‑based prediction markets operator had been added to the country’s list of unauthorised gambling providers. Under Czech …
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Czech government moves to block Kalshi
Internet service providers (ISPs) in the Czech Republic have less than two weeks to comply with a prohibition order issued against Kalshi. On 30 September, the country’s Ministry of Finance announced that the US prediction markets giant has been added to the list of unauthorised gambling operators. By law, ISPs have 1…
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Premier Padel selects iGame Media as exclusive betting data and betting streaming technology and distribution partner
For the first time, sportsbooks and prediction markets can access official betting products for padel iGame Media has been appointed Premier Padel’s exclusive official partner for betting data and betting live streaming, covering the full professional men and women Qatar Airways Premier Padel tour spanning 2,400+ matc…
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