Industry
October 6, 2025
MGCB: Participation in Prediction Markets Will Carry Risks for Licensees
The Michigan Gaming Control Board (MGCB) has warned that gambling operators and other parties seeking to get into the fast-growing prediction markets space that their licenses could be revoked. This comes as regulators and regulated industry stakeholders continue to argue that prediction markets constitute unregulated sports betting. Prediction Markets Have Continued to Grow Despite the […]
Industry
October 3, 2025
Prediction Markets Won’t Hurt Sportsbooks’ Earnings, Macquarie Analyst Says
Prediction market products are not competitive with traditional sportsbook operators, Macquarie senior gaming, lodging & theatres analyst Chad Beynon said, so they shouldn’t have a significant financial impact on their earnings in 2025. Prediction Markets Gain Ground but That Won’t Negatively Impact 2025 Earnings, Beynon Claims Beynon stated that the threat appears genuine, especially in newly regulated states where […]
Business
October 3, 2025
Polymarket Set for US Relaunch After Regulatory Clearance
Prediction platform Polymarket is preparing to reopen in the USA nearly four years after regulators forced it to suspend its operations in the country. Documents filed in September and statements from company officials suggest that the relaunch could be imminent. This move will likely serve as a test for the broader prediction sector as it […]
Business
September 23, 2025
PrizePicks Secures CFTC Approval as FCM, Eyes Prediction Markets
North America-facing daily fantasy sports operator PrizePicks has just secured approval to make a foray into the prediction markets space. The significant development comes just after Czech lottery giant Allwyn set out to acquire a majority stake in the company. PrizePicks Could Enter the Prediction Markets Space PrizePicks just secured approval from the Commodity Futures […]
Industry
September 19, 2025
Kalshi Surpasses $1B in Monthly Trading Volume, Establishes Global Dominance
Over the past year, prediction markets giant Kalshi has experienced a significant transformation, topping $1 billion in monthly traded volume, firmly establishing itself as the clear leader in the industry. Kalshi Establishes Global Prediction Markets Dominance The company reports that newly released data, drawn from publicly available metrics, shows Kalshi now controls 62.2% of the […]
Legal
September 16, 2025
Robinhood Challenges Massachusetts Over Sports Prediction Market Enforcement
Robinhood Derivatives, а partner of predictions markets operator Kalshi, filed a federal lawsuit on Monday, aiming to prevent Massachusetts regulators from applying state gambling laws to its sports prediction market activities. Robinhood Files Lawsuit Against Massachusetts Regulators In its September 15 filing in the US District Court for the District of Massachusetts, Robinhood requested an […]
Sports
September 16, 2025
Prediction Markets Face Legal Uncertainty as US States and Courts Weigh In
The debate continues about whether prediction markets should have permission to offer contracts linked to sports events. This issue might need Congress, the US Supreme Court, or coordinated state-level decisions to step in and resolve it. For now, the legal scene remains unclear. This creates both risks and chances for companies in this field. Legal […]
Industry
September 15, 2025
Rumors Say Polymarket Considers $9B Valuation While Kalshi Targets $5B
Polymarket and Kalshi, two leading platforms in the prediction market space, are reportedly pursuing new funding rounds at valuations of $9 billion and $5 billion, respectively, marking a huge growth compared to just relatively recently. Polymarket and Kalshi Eye Multi-Billion-Dollar Valuations According to The Information, Polymarket has received offers valuing the company as high as […]
Industry
September 15, 2025
AI-Powered Prediction Markets Slips Hits the Market at a Crucial Juncture
Despite pushback against the sector, Slips, a platform best known for running social gaming peer-to-peer wagering, has now expanded its reach with the arrival of a prediction market platform that will be powered by Artificial Intelligence and join an industry that is facing unprecedented pressure in the United States and beyond. Operating out of Los […]
Sports
September 15, 2025
Death of Charlie Kirk Sees Kalshi Withdraw Markets, Polymarket Question the Possibility of Civil War
The shooting of Charlie Kirk on Wednesday, September 17, at Utah Valley University was the latest act of political violence that has shocked the United States and sent ripple effects across the political spectrum, adding to an already yawning divide. Prominent Activist Fatal Shooting Sees Prediction Markets Scurrying Kirk, an outspoken activist who has espoused conservative values […]
