Gambling News - 'Prediction markets'
Sports
December 11, 2025
Matchbook Eyes Prediction Market Platform Launch in the UK
Matchbook, a prediction market platform, is planning to introduce its product and services in the United Kingdom early next year, with the news confirmed by interim CEO Ronan McDonagh. The launch could happen as early as January 2026 and serve as a test of the company’s operational capacity before it ventures into the United States, […]
Industry
December 11, 2025
California Tribes Rally as Prediction Markets Spread in the State
California’s tribal leaders are stepping up their efforts to tackle the quick growth of prediction markets, meeting this week in San Diego to plan their legal and political moves to slow down, or maybe even halt, the prediction markets’ growth. These talks happen just after Fanatics launched its prediction market in the state, with FanDuel […]
Industry
December 10, 2025
Prediction Markets Linked to Fake Sports Insiders
A handful of major prediction markets found themselves in an awkward spot this week after it came out that some of the “sports insiders” they’d been associated with weren’t real people at all. Made-Up Reporters Awful Announcing, the platform that describes itself as the “invaluable source of news and commentary related to the sports media […]
Sports
December 10, 2025
SCOTUS Will Have to Weigh in on Ongoing Prediction Market Debate
Kalshi is facing pressure in multiple states, and fellow companies such as Crypto.com and Robinhood – potentially Polymarket before long – are unlikely to avoid the same fate. Kalshi’s rapid growth, however, has made it a prime target for gambling regulators and attorneys general who are continuing to push back against its expansion. Local Lawsuits […]
Casino
December 10, 2025
Massachusetts Doubles Down on Anti-Prediction Markets Rhetoric
Suffolk County Superior Court Judge Christopher Barry-Smith has become the latest legal expert in Massachusetts to question whether prediction market platforms, such as Kalshi, could be allowed to operate legally in the Bay State. Kalshi Faces New Pressure in Massachusetts as State Presses On Commenting on the matter, Judge Barry-Smith explored a familiar argument, arguing […]
Sports
December 8, 2025
Prediction Markets Turn Tragic Conflict Into Casino
As the war in Ukraine continues, prediction markets have begun to profit from the suffering. Prediction markets are offering people the opportunity to make bets on how territories will shift, when ceasefires might be announced, and even if things will go nuclear. The pools of these bets have become worth millions. Prediction markets are undermining […]
Industry
December 4, 2025
Fanatics Enters Event Contracts Space, Launches Fanatics Markets in 10 States
Fanatics has surpassed many of its gaming competitors by launching a prediction markets platform ahead of many operators interested in the space. The launch comes only a few weeks after the company confirmed that it was in talks with Crypto.com. Fanatics Markets Is Now Available in 10 States Fanatics’ event contracts division, Fanatics Markets, has […]
Legal
December 1, 2025
NGCB Again Warns Operators Who Offer Sports Event Contracts
Earlier this month, US District Judge Andrew Gordon ruled in favor of the Nevada Gaming Control Board (NGCB), finding that companies such as Kalshi, Robinhood, and Crypto.com engage in illegal gambling when they sell shares tied to the outcomes of sporting events. Following this landmark decision, the NGCB issued an additional notice to casinos, sportsbooks, and […]
Business
November 26, 2025
Robinhood & Susquehanna to Launch New Exchange
Robinhood has unveiled a new partnership with Susquehanna International Group that will expand the two companies’ presence in the prediction markets space. The tie-up comes amid rapidly increasing demand for event contracts and other betting alternatives. Robinhood Expands Its Prediction Markets Presence According to the official announcement, Robinhood and Susquehanna will launch a CFTC-Licensed exchange […]
Industry
November 25, 2025
CFTC Signals Support for Prediction Markets as State Pushback Intensifies
As the debate over prediction markets in the United States intensifies, the Commodity Futures Trading Commission (CFTC) finds itself under increasing pressure to issue a definitive statement on the sector’s legal boundaries. While state regulators are taking an increasingly harsher stance against event-based contracts, the CFTS recently endorsed the tokenized financial infrastructure that underpins modern […]