Among traders on Polymarket’s prediction market platform, there are almost twice as many who have lost at least $1,000 as there are who have made that much, Bloomberg reported Tuesday...
Wisconsin sued five prediction market platforms and their affiliates Thursday (April 23), alleging that they operate illegal sports betting operations in the state. Get the...
New York sued Coinbase and Gemini Titan Tuesday (April 21), alleging that the companies’ prediction market platforms are illegal, unlicensed gambling operations. Get the Full...
Kalshi’s battle with state governments over its sports-related event contracts may be headed for the Supreme Court, Fortune reported Monday (April 20). Get the Full...
Predictions site Polymarket is reportedly in discussions to raise $400 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy...
Sports gambling platforms have contributed $41 million to a new federal super political action committee (PAC) this year, Bloomberg reported Wednesday (April 15), citing filings...
Bank of America analysts believe that the annual volume of U.S. sports-related event contracts could grow to $1.1 trillion and that this activity could generate $10 billion in...
A federal appeals court has ruled for the first time that the Commodity Futures Trading Commission (CFTC) has exclusive jurisdiction over sports-related event contracts, Reuters...
JPMorgan Chase is considering getting into the prediction market business, CEO Jamie Dimon said Tuesday (March 31). Get the Full Story Complete the form to...