Business
November 14, 2025
AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand
AQR Capital Management, one of the leading global quantitative hedge funds, is carefully evaluating whether sports betting could be its next frontier. Co-founder and CIO Cliff Asness discussed this possibility during a special 10th anniversary episode of the Odd Lots podcast, noting that the firm is examining what such a move would entail. Prediction Markets […]
Industry
November 14, 2025
No-Go: MGC Warns Operators on Prediction Markets
The Massachusetts Gaming Commission (MGC) issued a strong warning to operators on Thursday, making it clear that prediction markets are off-limits in the state. License Revocation, on the Table Unlike some other regulators, Massachusetts didn’t clearly explain what would happen to operators who choose to partner with prediction markets in other states, as the focus […]
Business
November 13, 2025
Flutter & CME Group Unveil FanDuel Predicts Platform
Gambling powerhouse Flutter Entertainment is preparing to foray into the hot prediction markets space via a partnership between its FanDuel brand and CME Group. The arrangement will result in the launch of the FanDuel Predicts app, allowing Flutter to tap into the growing demand for event contracts. FanDuel Predicts to Hit the Market in December […]
Industry
November 13, 2025
Tribes Unite Against Unregulated Sweepstakes and Prediction Platforms
Native American gaming leaders are intensifying their resistance to what they perceive as a growing wave of unlicensed online operators. During the United Indian Nations of Oklahoma (UINO) Annual Meeting last week in Oklahoma City, tribal representatives and industry leaders from across the USA pledged to defend tribal sovereignty and the integrity of regulated gambling […]
Industry
November 11, 2025
Kalshi-Backed Survey Finds 90% of People Support Prediction Markets
According to a recent study by Kalshi, nearly 90% of Americans believe they should have access to prediction markets. The surveyed respondents see prediction markets as financial investments rather than gambling, which is a view that enjoys strong bipartisan support. Survey Results Show Overwhelming Support for Prediction Markets Axis Research, the company that made the […]
Industry
November 11, 2025
ProphetX Files for DCM, DCO Status in the US
ProphetX, a user-driven sports prediction market, announced that it has submitted Commodity Futures Trading Commission (CFTC) applications to be registered as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). ProphetX Is in the Perfect Spot to Create a Vertically Integrated Marketplace In its official announcement, ProphetX announced that, if approved, it will […]
Industry
November 10, 2025
New York’s New Bill Targets Prediction Markets with Strict Restrictions
New York’s Assembly Bill 9251, referred to as the Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act, aims to establish definitions, regulations, and limitations for the operation of prediction markets. AB 9251 Aims to Heavily Restrict Prediction Markets The bill’s key provision explicitly prohibits certain types of markets for users in […]
Business
November 5, 2025
MyPrize Becomes the First Sweepstakes Company Entering the Prediction Markets Space
Trusted crypto-asset service provider Crypto.com announced yet another partnership, this time with sweepstakes specialist MyPrize. The agreement will turn the latter company into the first sweepstakes business to enter the hot prediction markets space. MyPrize Enters the Prediction Markets Space MyPrize is a fast-growing sweepstakes operator that has long enjoyed a significant presence in the […]
Business
November 4, 2025
Crypto.com & Hollywood.com Team Up for Entertainment-Themed Prediction Markets
Entertainment website Hollywood.com unveiled a new partnership agreement with leading crypto asset service provider Crypto.com. The two parties will join forces to penetrate the fast-growing prediction markets sector with a new product. A New Way to Engage with Entertainment Despite some regulatory pushback, prediction markets continue to take the USA by storm, cementing themselves as […]
Industry
October 31, 2025
US Struggles to Rein In Prediction Markets as State Frustration Mounts
The United States is entering uncharted territory as it struggles to resolve the discrepancies surrounding prediction markets. What began as a niche segment of the financial market has now evolved into a multi-billion-dollar sector that is testing the limits of federal oversight and state gambling laws. At the forefront of this dispute is Kalshi, a […]
