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Prediction Markets
56 stories mentioning this topic
South Korea blocks Polymarket over illegal gambling concerns
South Korea has blocked access to Polymarket after ruling that its winner-takes-all prediction markets create an illegal gambling environment. The post South Korea blocks Polymarket over illegal gambling concerns first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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BiggerZ: Building a fairness-first crypto casino, sportsbook and prediction markets platform
BiggerZ is strengthening its position as a fairness-first betting platform, bringing casino gaming, sports betting and prediction markets together under one account while making transparency, verifiability and clearly defined rules central to the player experience. The post BiggerZ: Building a fairness-first crypto ca…
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Blokotech Launches BlokoPredict White-Label Prediction Markets Engine
BlokoPredict Trading and Settlement Tools The product allows businesses to embed prediction markets on their own websites without developing trading,… The post Blokotech Launches BlokoPredict White-Label Prediction Markets Engine appeared first on iGaming Express.
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Connecticut Judge Says CFTC Cannot Override Court’s Reading of Federal Law in Prediction Markets Case
Kalshi has been dealt another setback in Connecticut, this time with federal judge Vernon D. Oliver ruling that the Commodity Futures Trading Commission (CFTC) cannot dictate an order that conflicts with the court’s own interpretation of federal law. The CFTC, said the judge, lacks the authority to override the court’…
Read summary →Kalshi Adds Catalist Sports Tennis and Football Content
Kalshi has agreed an exclusive multi-year partnership with Catalist Sports to expand the sports content available across its US prediction markets. Under... Read More...
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Pennsylvania is Logical Place for State-Level Prediction Market Regulation, But HB 2711 is Oddly Timed
While Kalshi continues to sustain legal defeats, Pennsylvania lawmakers are pushing to regulate prediction markets within state borders. It wouldn’t tax. It wouldn’t license. It wouldn’t ban sports event contracts. And given the history of prediction markets like Kalshi and Polymarket defying state regulators and cour…
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Prediction Market Battles, July Sports Betting Growth, LuckyLand Shutdown Lead Gambling Stories to Watch This Week
Fresh court pressure on the CFTC, new geofencing deadlines and another wave of July betting data headline the week ahead. Prediction markets remain the biggest gambling story on the industry’s radar, with court developments, Washington meetings, geofencing battles and Commodity Futures Trading Commission (CFTC) activi…
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Is Trouble Brewing For DraftKings In Them Thar Financial Hills?
First FanDuel and now DraftKings, faced with the onslaught of prediction markets, the undisputed No.2 iGaming heavyweight in the USA is circling... Read More...
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CreedRoomz takes financial trading to the casino floor
The lines between the financial services and betting industries continue to blur. The rise of prediction markets has shone a very bright light on this, and everyone from operators to exchanges to tech providers have got in on the rush. This includes the likes of Armenian firm SoftConstruct. The firm’s BetConstruct spo…
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Sponsored PR: BiggerZ – building a fairness-first crypto casino, sportsbook and prediction markets platform
Crypto-friendly online betting platform BiggerZ launches combined product through one account, built around transparency, verifiability and clearly defined rules
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High Roller advances expansion into U.S. prediction markets
Revenue drops 52% in Q2
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Sponsored PR: Metaspins expands its services with prediction markets
Crypto online entertainment platform Metaspins launches its new prediction markets product, giving users a new way to trade on real-world outcomes
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Door opens for prediction markets in Bulgaria
Prediction markets look set to rival traditional betting in Bulgaria, with the first deal to launch such an offer locally now officially a fact. Local online operator inbet has entered into an agreement with Predikto, a B2B predictions infrastructure supplier, to leverage its tech stack and power its own proprietary p…
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BiggerZ: Fairness-First Crypto Betting & Prediction Platform
BiggerZ is strengthening its position as a fairness-first betting platform, bringing casino gaming, sports betting and prediction markets together under one account while making transparency, verifiability and clearly defined rules central to the player experience. As online betting platforms expand across crypto, cas…
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Fliff, Onyx Odds Ponder Prediction Markets Amid Sweepstakes Pressure
Fliff, the free-to-play social sports gaming app and mobile sweepstakes platform “where making sports predictions becomes a social experience,” and Onyx Odds, the platform that accepts sports predictions via virtual currencies, have taken important steps toward the federally regulated derivatives market. The move come…
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Metaspins expands offering with prediction markets for real-world events
Metaspins The post Metaspins expands offering with prediction markets for real-world events first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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Prediction market roundup: CFTC to review mention markets, reports state
As the CFTC moves closer to formalising rules on prediction markets, the regulator may conduct a review of the controversial products.
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Tribes expect Supreme Court intervention after Kalshi ordered to block Washington bets
Despite a ruling in Washington state that found Kalshi is likely violating state gaming laws, uncertainty remains for tribal gaming leaders who argue sports event contracts offered by prediction markets are harming their economies and threatening their tribal sovereignty. King County Superior Court Judge John McHale o…
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Opinion: Kalshi Shelves Mention Markets for Sports Until Further Notice. Why Stop There?
Kalshi has stopped offering mention markets for sports, but you can still get action on what US President Donald Trump or a CEO will say on any given day. Given that prediction markets are mandated not to offer markets that are “readily susceptible to manipulation,” why stop there? Human nature being what it is, tempt…
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Metaspins expands into prediction markets with new event-based trading product
Across cryptocurrency, sports and politics
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CFTC Looking Into Mention Markets, Horse Racing Controversy, Vegas Dave Highlight This Week’s Gambling Industry Bingos & Busts
While the CFTC is showing signs that it’s willing to regulate prediction markets, one operator is taking its own steps toward responsible trading. Here’s a look back at some of the past week’s newsmakers. Prediction markets and states continue to trade blows in the courtroom, and while the CFTC is eager to join the fi…
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Prediction markets: Why operators should think beyond the sportsbook
Takeaways from SOFTSWISS panel
Read summary →Baltimore Sues Kalshi, Polymarket After Sportsbook, Sweepstakes Cases
The city alleges prediction market platforms misled Baltimore residents in violation of its Consumer Protection Ordinance. Baltimore has expanded its increasingly aggressive approach to gambling enforcement to prediction markets. The city filed lawsuits against Kalshi and Polymarket after previously taking legal actio…
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Kalshi Adopts Nasdaq Surveillance as Prediction Markets Mature
Kalshi is adopting Nasdaq’s market-surveillance technology in a move designed to help the prediction market exchange detect insider trading, manipulation and other forms of market abuse as its trading volume and product offerings continue to...
Read summary →Prediction Markets Weekly Roundup: CFTC Escalates New York Fight as State Challenges Mount
Kalshi suffered setbacks in Connecticut and Washington during a week that also brought new lawsuits, football contract filings and further industry expansion. New York continued to be the center of prediction market litigation this week, headlined by an extraordinary Commodity Futures Trading Commission (CFTC) interve…
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Fliff, Onyx Pursue FCM Registration in Shift From Sweeps to Prediction Markets
Fliff and Onyx Odds are moving away from sweepstakes gaming and toward prediction markets. Records from the National Futures Association show that Fliff FCM LLC and Onyx Markets LLC both filed applications on August 12 to register as Futures Commission Merchants, swap firms, and NFA members. If approved, the two opera…
Read summary →Derek Stevens Slams Prediction Markets Advantage
Regulatory Divide Between Sportsbooks and Prediction Markets Circa Sports owner Derek Stevens has criticised prediction market operators Kalshi and Polymarket… The post Derek Stevens Slams Prediction Markets Advantage appeared first on iGaming Express.
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Grandstand launches Rollcard, a purpose-built high-limit debit card for sports betting, casino and prediction markets
Grandstand’s new fintech solution, Rollcard, offers high rollers a dedicated deposit account Grandstand Limited, an intelligence layer of sports, gaming and entertainment, has announced the public launch of Rollcard, a Visa debit card purpose-built for high rollers, including sports bettors, casino players and predict…
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Bets Are On: Ocasio-Cortez Reaches 19% on Polymarket
US Rep. Alexandria Ocasio-Cortez is currently regarded as the front-runner to win the Democratic Party’s nomination for president in 2028. At least, this is what traders on prediction markets say. The New York Democrat’s rise follows a recent televised appearance on ABC’s This Week on August 9, where she hinted that s…
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Blask Index falls across every major US brand category in H1 2026
Exclusive Blask Index data shared with Focus Gaming News shows traditional sportsbooks and casinos, prediction markets, and sweepstakes all lost demand between January and May 2026 — and only one of the three fully recovered by June. Special report.- igaming demand measured by the Blask Index declined across every maj…
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Mrkts.com launches prediction markets infrastructure platform with High Roller as first partner
The B2B platform, built by the Malta-based team behind the Elantil iGaming infrastructure, targets operators that want to… The post Mrkts.com launches prediction markets infrastructure platform with High Roller as first partner appeared first on European Gaming Industry News.
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Attorney on HB 2711: Pennsylvania Prediction Markets Could Follow Legal Path of DFS & Sports Betting
Pennsylvania is taking a different tack from most states by attempting to create a regulatory framework for prediction markets rather than banning them outright. Rep. Tarik Khan introduced House Bill 2711 on July 22 with more than 20 co-sponsors. CasinoBeats spoke with attorney Doug Mishkin, a partner in BCLP’s Sports…
Read summary →Fliff, Onyx Seek FCM Registration in Pivot From Sweeps to Prediction Markets
The social sportsbooks join a growing group of companies with sweepstakes roots pursuing different routes into the fast-growing event contract sector. As regulatory pressure mounts on sweepstakes gaming across the U.S., Fliff and Onyx Odds are turning toward the federal derivatives framework as a potential new avenue …
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Fliff Applies for Prediction Market License as Sweepstakes Operators Pivot Models
Fliff is preparing to launch into prediction markets. The company’s move into the emerging industry is one of several pivots from a sweepstakes model to event contracts. Fliff submitted an application to become a Futures Commission Merchant (FCM) on Wednesday. If approved, this would allow the company to partner with …
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Prediction Markets Flag Dozens of Suspected Insider Traders as CFTC Enforcement Lags
Kalshi has flagged over 50 traders in 2026, while Polymarket has flagged over 90. Still, the CFTC has brought action against only three people so far. Prediction market platforms have begun flagging potential insider traders at a rapid pace. The surge is testing the resources and legal tools of a federal regulator alr…
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New York City Council probes prediction markets over marketing practices
Investigation announced
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CFTC Orders Kalshi to Stay Open Amid NY Lawsuit
Federal Intervention in the State-Level Dispute Over Prediction Markets The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to keep… The post CFTC Orders Kalshi to Stay Open Amid NY Lawsuit appeared first on iGaming Express.
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Metaspins Expands Its Services With Prediction Markets – A New Way to Trade Real-World Outcomes
Metaspins, the crypto-based online gaming platform, has added prediction markets to its growing list of products. This new feature allows users to trade on the outcome of real-world events through simple, market-driven experiences. The launch marks another step in the company’s strategy to broaden its offerings while …
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Circa Sports Owner Blasts Prediction Markets
Derek Stevens, owner of sportsbook operator Circa Sports, sharply criticized the fast-growing prediction market sector, alleging that companies like Kalshi and Polymarket have an unfair advantage over licensed operators. He argues that businesses that compete directly with sportsbooks for the same customers should fac…
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ProphetX and Pikkit bring sports prediction markets to the Pikkit Community
Pikkit will connect its users directly to ProphetX’s prediction market exchange ProphetX, a CFTC-designated contract market and derivatives clearing organisation built for sports prediction markets, and Pikkit, the leading tracking and social analytics platform used by hundreds of thousands of sports fans to sync, ana…
Read summary →Metaspins expands its services with prediction markets
Metaspins, the crypto-based online gaming platform, has added prediction markets to its growing list of products. This new feature allows users to trade on the outcome of real-world events through simple, market-driven experiences. The launch marks another step in the company’s strategy to broaden its offerings while …
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What is IG Group really betting on with its $1.3bn Underdog deal?
Beyond the headline price lies a wager on prediction markets, US regulation and whether Jeremy Levine can turn Underdog into the next big event-trading platform.
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Circa Sports Owner Derek Stevens Unloads on Prediction Markets, Calling Them ‘Pirates’ & ‘Thieves’
Circa Sports owner Derek Stevens is not a fan of prediction markets. That much was clear when Stevens shared some strong opinions in a published report on Tuesday. The rise of prediction markets, including Kalshi, Polymarket, and others, has altered the sports betting landscape. The ongoing legal battles between state…
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Lawmakers Want Wildfire Prediction Markets Removed, But None Have Existed Since January 2025
Lawmakers are pressuring the CFTC to stop prediction markets from allowing users to trade on wildfires. However, no markets have been opened on wildfires since January last year. Even the markets that did exist were available only on Polymarket’s international platform, which is not subject to CFTC regulation. Polymar…
Read summary →NYC Council Probes Prediction Markets Over Alleged Deceptive Marketing
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 four major prediction market platforms over their advertising practices and potential targeting of minors, ad…
Read summary →Gambling and Prediction Market Interests Pour Millions Into Florida Elections, Largely to Donalds
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 Florida politics ahead of the 2026 midterm elections, as sportsbook operators and predictio…
Read summary →FlightAware Drops Kalshi Lawsuit One Day After Filing as Kalshi Removes Its Name
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 Kalshi before the case reached a courtroom, as the prediction market removed the flight tracker’s nam…
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Italian club SS Lazio ends Polymarket sponsorship as regulator blocks prediction markets
The sponsorship deal was signed in April and was intended to continue until the 2027/28 season
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Nevada Council on Problem Gambling Takes Firm Stance Against Prediction Markets
The Nevada Council on Problem Gambling is moving to cut ties with the National Council on Problem Gambling, claiming the national group has betrayed its mission to protect consumers by partnering with prediction platform Kalshi. The divide between the two organizations mirrors the broader tensions within the gambling …
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Lazio ends €22m Polymarket sponsorship on mutual grounds
Lazio AS has terminated its record sponsorship with US prediction markets platform Polymarket with immediate effect. Yesterday, the Serie A club released a statement announcing that the record €22m shirt sponsorship had been terminated by “mutual agreement”, in light of regulatory action against Polymarket taken by It…
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CFTC warns prediction markets against using sportsbook-style odds
The regulator said American odds could mislead users about the nature and pricing of event contracts. U.S.- The Commodity Futures Trading Commission (CFTC) has warned prediction market operators against displaying event-contract prices using the American odds format commonly associated with sportsbooks. The warning wa…
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Circa’s Stevens rips prediction markets
As far as Circa Sports owner Derek Stevens is concerned, prediction markets are enjoying a parasitic relationship with the sports betting industry. He made his views plain Tuesday in an interview with CDC Gaming. “They’re pirates. They’re thieves,” Stevens fumed of Polymarket, Kalshi, and their ilk. “We’d be able to o…
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CFTC warns prediction markets over use of American-style sports betting odds
Pricing may mislead users
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Grandstand Launches Rollcard for High-Value Players
Grandstand Launches Rollcard, a Purpose-Built High-Limit Debit Card for Sports Betting, Casino and Prediction Markets Grandstand’s new fintech solution, Rollcard, offers… The post Grandstand Launches Rollcard for High-Value Players appeared first on iGaming Express.
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Media Troopers to enter prediction markets with presence lined up at key 2026 summits
Prediction markets have transformed from scattered panels at gaming expos into multi-billion-dollar powerhouses Media Troopers, the leading digital and acquisition group, has announced its strategic expansion into the rapidly growing prediction markets sector. Alongside its entry, Media Troopers’ business and executiv…
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Kalshi Loses Injunction Fight as Connecticut Judge Calls Contracts Sports Wagers
Kalshi has taken another hit in court, with a Connecticut judge refusing its request for temporary relief against state regulators. The ruling, delivered Monday, also denied a similar motion from Coinbase, marking a fresh victory for state‑level gambling laws over federally regulated prediction markets. In his August …
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