Gambling News - 'Prediction markets'
Sports
December 19, 2025
Congressman Demands Investigation into CNN–Kalshi Agreement
A new partnership between a major US news outlet and a regulated prediction market has caught the eye of Capitol Hill, with an Arizona lawmaker warning that the deal could cross ethical boundaries and put the country at risk. Hamadeh Warns CNN–Kalshi Tie-Up Could Threaten Market Fairness Rep. Abe Hamadeh has asked the Commodity Futures […]
Business
December 18, 2025
Kalshi Faces Rising Risk in Nevada as Court Ruling Clears Way for Enforcement
Kalshi’s push to secure a nationwide presence is clashing with Nevada’s historic view of gambling regulation. The ongoing legal tension in the state could soon extend beyond civil litigation. After a federal judge refused to give the prediction market a stay, Kalshi is now facing potential enforcement action in the state, including the risk of […]
Business
December 18, 2025
Possible Future for Prediction Markets Presented in EKG Analysis
An industry analysis on changes in the US prediction market was submitted by Eilers and Krejcik Gaming (EKG). In their report, they describe how prediction markets are becoming a large-scale tool for trading. Prediction markets are designed to reach the entire nation from the get-go. Sportsbooks, on the other hand, need a licence from every […]
Industry
December 16, 2025
Analyst Examines Underdog’s Arizona License Loss, Says DraftKings & FanDuel Are Safe
An analyst for Citizens has examined the recent revocation of Underdog’s fantasy sports license in Arizona and weighed in on a pressing industry question – Could other operators also be in danger? Underdog Lost Its License Due to Prediction Markets Deal For context, Underdog was recently deprived of its fantasy license in Arizona due to […]
Sports
December 16, 2025
Prediction Markets Pose Threat to Businesses from Inside Traders
Short of being a pain in the backside for gaming regulators, prediction markets are now posing new threats to the integrity of not just sports, but also business. This is the surmise of a new warning issued by Steve Silver of labor law firm Littler, who argued that the rise of Kalshi and Polymarket and […]
Industry
December 15, 2025
Prediction Markets Yearly Revenue to Reach $10B by 2030, Citizens Says
According to a new report by Citizens Financial Group, an American bank holding company, prediction markets revenue could reach more than $10 billion in annual revenue by 2030, as institutional capital enters the scene. Citizens Says Prediction Markets Will See Significant Growth Devin Ryan, managing director at Citizens, observed that prediction markets appear poised to […]
Sports
December 15, 2025
Coinbase Global Set to Drop the Curtain on Prediction Markets
Coinbase Global is ready to send waves in the United States, with the company now planning to push forward with prediction market entry, along with tokenized stocks. According to Blomberg, which did the original reporting, the company will do so on Wednesday, December 17, 2025. Essentially, Coinbase Global wants a share of the market that […]
Industry
December 12, 2025
Prediction Markets Band Together to Protect the Sector’s Interests
Some of America’s biggest prediction markets companies have joined forces to create a new coalition that will protect the sector’s interests amid continued pushback against event contracts. The so-called Coalition for Prediction Markets will provide the industry with a voice, allowing it to dispute claims it believes to be wrongful. The Coalition for Prediction Markets […]
Industry
December 12, 2025
Event-Based Predictions Not Welcome in Washington and Louisiana
A significant number of US states have been taking action against prediction markets. Some states have passed bills outlawing prediction markets, while others have simply demanded that they cease operations within their state. Recently, the Louisiana Gaming Control Board (LGCB) and Washington State Gambling Commission issued statements regarding their stance on prediction markets. Both institutions […]
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, […]