A federal judge on Tuesday (July 7) denied Kalshi’s request for a preliminary injunction to block New York from enforcing its gambling laws against the...
A reported new investigation by the Commodity Futures Trading Commission (CFTC) into prediction market platform Polymarket is shifting regulatory attention beyond the legal status of...
Prediction markets have reportedly seen a surge in trading volume thanks to the World Cup. Kalshi saw more than $31 billion in notional volume in...
Polymarket is facing a regulatory investigation following reports of an allegedly misleading marketing campaign. The Commodity Futures Trading Commission (CFTC) is engaged in what CNBC...
DraftKings has launched a proprietary, vertically integrated foundation for its prediction markets experience, DraftKings Predictions, and integrated it into the DraftKings: Sports & Casino app....
Kalshi’s CEO has confirmed the company wants to go public, though not right away. Tarek Mansour said in a CNBC interview Wednesday (June 24) that the prediction...
Meta is developing a prediction market platform that would initially allow betting with play money before the company considers enabling real stakes, Seeking Alpha reported...
Polymarket reportedly paid content creators to film themselves making fake trades and scoring phony wins. That’s according to an investigation by The Wall Street Journal...
Kalshi has about tripled its annualized revenue since November, bringing that figure to $2 billion, The Information reported Thursday (June 18), citing unnamed sources. The...