Prediction Markets News and Headlines
Prediction Markets
September 16, 2026
Genius Sports’ Boss Talks Prediction Markets, Company’s Role in Sector
In a letter to investors on Monday, Genius Sports CEO Mark Locke spoke about the rise of prediction markets and what his company’s role in the vertical had been. Mark Locke Confident That Whatever The Future – Genius Sports Will Be Part of It Locke said that as a B2B data provider to traditional sportsbooks, […]
Prediction Markets
September 14, 2026
EU Regulator Warns of Prediction Market Manipulation Risks
The European Securities and Markets Authority (ESMA) is becoming increasingly worried about prediction markets. The regulator is concerned that the fast-growing sector remains exposed to insider trading, market manipulation, and weak supervision. While prediction markets do not have a stable foothold in Europe, their international expansion makes EU regulators worried about whether existing rules can […]
Prediction Markets
September 14, 2026
DraftKings Looking at $57M NFL Prediction Market Exchange Fees
DraftKings may be looking at as much as $57m in prediction market exchange fees generated during the NFL season alone, a new report by Jefferies suggests, factoring in the momentous rise of the vertical. DraftKings’s DKeX Poised to Reap Benefits of Prediction Market Bonanza The report comes at a time when the sector is facing […]
Prediction Markets
September 14, 2026
Harsh Measures: Connecticut Asks 9 Prediction Markets to Stop Sports Bets
The US state of Connecticut is taking its battle against prediction markets one step forward. In a recent development, state officials asked nine companies to stop offering sports event contracts to residents. They also warned about the fast-paced growth of these platforms that could put certain categories of individuals at risk. The list includes young […]
Prediction Markets
September 11, 2026
Massachusetts to Keep Working with NCPG For Now
The Massachusetts Gaming Commission has not been overly happy with the National Council on Problem Gambling’s (NCPG) decision to admit Kalshi as an organizational member. Yet, the regulator has stopped short of actually severing ties with the NCPG over the issue, with a recent discussion between commissioners shedding some light on what the mood was […]
Prediction Markets
September 10, 2026
Iowa Federal Judge Deals Another Blow to Kalshi as State Allowed to Apply Gaming Laws
Kalshi has been battling on all fronts, with gaming regulators insisting the platform has been offering unauthorized markets on sports event outcomes. The platform – and regulators – have been duking it out in courts, with a federal judge in Iowa now dealing the prediction market behemoth another setback. Iowa’s Federal Judge Won’t Block the […]
Prediction Markets
September 10, 2026
Citizens Argue Sports Betting Cannibalization from Prediction Markets May Be Slowing Down
Citizens Equity Research analyst Jordan Bender has taken a look at the current relationship between traditional sports betting and prediction markets, arguing that the previously feared cannibalization may be overestimated. Prediction Markets Are Not the End of Sports Betting Companies In fact, Bender argues in a new report to clients that cannibalization, i.e., the practice […]
Prediction Markets
September 9, 2026
Polymarket Launches Ad Starring LeBron James & Other Celebrities
Polymarket, the global leader in prediction markets, has launched a new ad featuring multiple sports personalities and other celebrities. The protagonist of this ad is none other than the sports legend LeBron James. Polymarket Launches a Star-Studded Ad The new ad shows LeBron James entering Polymarket’s headquarters. When in the elevator, LeBron picks among several […]
Prediction Markets
September 9, 2026
Court Denies Kalshi’s Emergency Bid, Clears Way for Utah Regulators
The US 10th Circuit Court of Appeals denied Kalshi’s emergency motion for an injunction pending appeal in Utah. This effectively clears the way for the state to enforce its gambling laws against the company. Court Rejects Kalshi’s Appeal Kalshi initially sued Utah in early 2026 as the state moved to tighten restrictions on prediction markets. […]
Prediction Markets
September 8, 2026
UK Regulator Considers Loosening Prediction Market Restrictions
The rapid spread of prediction markets across the USA has drawn the attention of several other countries. While the UK has previously opposed companies like Kalshi and Polymarket, its stance might soon shift, according to a recent report by The Times. Despite these promising signs, legalizing prediction markets will be far from simple and could […]