Polymarket’s $112M Acquisition Sets Up U.S. Return in ‘Near Future’
Polymarket on Monday announced the $112 million purchase of QCEX, which the prediction market platform said…
Sports Betting
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Polymarket Spent $1 Million on U.S. Trading Ads Despite Geo Block
Polymarket could not offer trading in the U.S. on the 2024 United States presidential election. Still, the…
Kalshi Says Its ‘Odds’ Hats and ‘Bet’ Ads Don’t Make It a Gambling App
Josh Sterling, a lawyer for Milbank who represents Kalshi in ongoing federal litigation, argued at a gaming…
‘WTF Is Happening’: Gambling Reacts to Proposed Trump Tax Changes
The latest version of President Donald Trump’s tax bill includes a notable change to how poker players and…
What Are Sports Prediction Markets? Key Questions Answered
The rapid rise of sports prediction markets has already clinched first place for the biggest story in the…
Kalshi, Polymarket Crack $1B Valuations, Ride Political Wave
A day after futures trading platform Polymarket closed in on a funding round that would value it at more than…
Tribes Dispute Kalshi Claims of ‘Productive’ Talks on Futures
Victor Rocha, the conference chair of the Indian Gaming Association and member of the Pechanga Band of…
What Fans Are Betting on During the NBA Finals
While the NBA Finals haven’t produced stellar TV ratings as they head back to Oklahoma City for Game 5 on…
Trump’s CFTC Pick Troubles Tribes With Prediction Market Plans
Tribal groups are concerned Kalshi, Robinhood and Crypto.com pose an existential economic threat to them…
NFL, Genius Sports Extend and Expand Betting Data Partnership
The NFL and Genius Sports reached a two-year extension for the London-based firm to continue as the exclusive…
Robinhood’s Sports Prediction Markets Are a Hook for Wider Play
As Robinhood has expanded its sports prediction markets, adding Indy 500 and French Open event swaps to its…
Sports Prediction Market Regulator Exits With Agency in Flux
Commodity Futures Trading Commission (CFTC) commissioner Summer Mersinger announced Wednesday that she will…
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