Kalshi’s Trading Arm Muddles ‘Peer-to-Peer’ Claims
Several Kalshi users thought they were in luck Monday night when the prediction market accepted in-game wagers on whether Chicago Bears running back Roschon Johnson…
Kalshi
Kalshi, Polymarket Use NFL, NFLPA Marks Without Consent
Kalshi has advertised its sports prediction markets on social media this month using NFL and NFL Players Association imagery without consent, while Polymarket has shared…
Underdog to Provide Crypto.com Futures Markets in Gaming First
Underdog is teaming with Crypto.com to provide prediction markets in its app, the first gaming company—but certainly not the last—to launch a futures product as the…
Polymarket Ads Signal U.S. Launch Timeline for Sports Futures
Polymarket has all but confirmed it will re-enter the U.S. during the 2025 NFL season with an ad blitz targeting Americans and a new “waitlist” for people to join by…
FanDuel Joins Exchange Operator CME for Prediction Markets Push
In a move that paves the way for FanDuel to eventually offer sports prediction markets in the U.S., the sportsbook operator on Wednesday announced a partnership with CME…
Novig Quietly Flees NJ Under Legal Pressure After $18M Raise
Days after receiving a major cash infusion, sweepstakes prediction market app Novig pulled its product out of New Jersey, the second-ranked state in the U.S. for sports…
CFTC Regulation Tools ‘Vulnerable’ as Prediction Markets Surge
As the Commodity Futures Trading Commission (CFTC) faces the prospect of additional regulatory duties involving new sports prediction markets, the federal agency’s…
Club Sportico: The Sex Toys Are a Red Herring
This week’s Club Sportico essay addresses the slew of sex toys that have been thrown onto the court at various WNBA games, in various cities, over the course of the last…
DraftKings Reports Second-Ever Profitable Quarter
DraftKings stock ticked up about 6% in after-hours trading Wednesday after the sportsbook reported its second profitable quarter as a public company. For the…
Kalshi Loss in Maryland Could Pave the Way for Supreme Court Review
A federal judge in Maryland on Friday ruled against the prediction market operator Kalshi on whether states can use sports betting laws to regulate the company’s…
Quintenz’s CFTC Nomination Paused by White House Intervention
The Commodity Futures Trading Commission (CFTC) will not have new leadership installed anytime soon, as Brian Quintenz’s nomination to the post was put on pause by the…
Tribes Sue Kalshi, Alleging Illegal Sports Betting on Reservations
Last week, three Indian tribes from California sued Kalshi, arguing the derivatives exchange and prediction market operator is violating the Indian Gaming Regulatory Act…
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