Gambling News - 'Prediction markets'
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 […]
Industry
November 25, 2025
Prediction Markets Talks Take Center Stage at Truist GLL Summit
Truist held its 13th annual GLL Summit in Boston last week, which saw ten gaming companies attend to discuss various topics about the gambling scene, with prediction markets taking center stage. DraftKings Spearheads Discussion at Truist GLL Summit DraftKings was one of the most highly talked about companies, as it is expected to launch its prediction-market product […]
Industry
November 21, 2025
Maryland Cracks Down on Sweepstakes Casinos and Prediction Markets
The Maryland Lottery and Gaming Control Agency (MLGCA) has intensified its scrutiny of unlicensed sweepstakes casinos, signaling that the state is ready to confront operators that skirt the boundaries of gambling law. The regulator also sent an official letter to the state’s regulated sportsbooks, warning that any expansion into prediction markets could result in the […]
Casino
November 21, 2025
MGM Chief Backs Nevada’s Hard Line on Prediction Markets
A split in the US gambling world got bigger this week when MGM Resorts International CEO Bill Hornbuckle repeated his view that the growing prediction market field should be handled just like regular sports betting. Hornbuckle Praises Regulators as Casino–Tech Divide Widens Over Event Trading Hornbuckle made these comments during a regular meeting with the […]
Sports
November 20, 2025
Saudi Arabia’s Crown Prince Makes a Joke About Prediction Markets During Speech
A black suit event was recently held at the White House. One of the attending guests was the Crown Prince of Saudi Arabia, Mohammed bin Salman. A prediction had been running on prediction markets platforms, where people were betting on whether the Crown would wear a black suit. Those who put their money on yes […]
Sports
November 18, 2025
Fanatics Eyes Early-Stage Talks on Prediction Market Expansion
Fanatics is thinking about getting more involved in digital betting. They are in early talks with Crypto.com to create a joint platform for betting on future events. From Jerseys to Events Contracts: Fanatics Eyes Crypto.com Collaboration People who know about these discussions say they are still in the initial stage, but the idea shows that […]
Industry
November 17, 2025
PrizePicks to Launch Prediction Markets with Kalshi
PrizePicks has minted a new partnership with prediction markets powerhouse Kalshi. As a result, the latter company is now delivering event contracts via PrizePicks. PrizePicks Secured a Major Agreement with Kalshi PrizePicks, which has been looking to tap into the rapidly growing prediction markets sector, has confirmed a new arrangement with Kalshi that will allow […]