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 […]
Industry
September 11, 2025
Americans Say Prediction Markets Should Be Regulated, AGA Research Finds
According to a report by the American Gaming Association (AGA), research shows strong public support for regulating sports event contracts offered through prediction markets, similarly to other forms of legal, state-regulated sports betting. Americans Say Prediction Markets Should Be Regulated by State Authorities YouGov conducted an online survey on behalf of the AGA from August […]
Industry
September 8, 2025
Kalshi’s NFL Debut Reveals Pricing Disadvantage Against Sportsbooks
Prediction-market operator Kalshi entered the NFL season with promises of sharper pricing, thanks to its novel exchange-based model. However, recent data from Citizens JMP Securities suggests that retail bettors may not be enjoying the price advantage they expected when signing up with the platform. Even so, Kalshi’s other features may be enough to win over […]
Industry
September 3, 2025
JP Morgan Analyst Says OSB Operators Shouldn’t Miss Prediction Markets
According to JP Morgan analyst Daniel Politzer, prediction markets may serve as a practical alternative to online sports betting (OSB), paving the way for the further expansion of the sector. Online Sports Betting Operators Could Win a Lot from Prediction Markets, Analyst Says Politzer identified exchange-traded wagers as a promising market expansion opportunity that he […]
