Prediction Markets Face Casino License Concerns
ReadWriteby ReadWrite·8d ago
Wynn Resorts’ Craig Billings, MGM Resorts International’s Bill Hornbuckle and Caesars Entertainment’s Tom Reeg used their G2E main-stage discussion to challenge the growth of prediction markets and...
DKeX Prediction Market: DraftKings Faces Kalshi Gap
ReadWriteby ReadWrite·8d ago
DraftKings plans to invest more in its DKeX prediction market, where Bernstein estimates consumer trading volume could reach $1 billion by December, even as Kalshi led reported NFL opening-week...
Stock Contracts Draw Regulatory Scrutiny
ReadWriteby ReadWrite·9d ago
Polymarket International and Kalshi have pushed their event-contract platforms deeper into stock-linked and corporate-metric wagers, with Polymarket traders placing more than $220 million across...
Prediction Markets Split NCPG Over Kalshi Membership
ReadWriteby ReadWrite·9d ago
National Council on Problem Gambling President Derek Longmeier said prediction markets are functionally gambling, even as the organization defends the membership of Kalshi, which donated $2 million...
Prediction Market Volume Hits $19.46B
ReadWriteby ReadWrite·9d ago
Kalshi, Polymarket US and Polymarket International combined for approximately $19.46 billion in trading volume from Sept.
OmniStream Kiosk Brings Casino Cash Access Together
ReadWriteby ReadWrite·10d ago
Passport Technology is bringing OmniStream™ to the Global Gaming Expo, positioning the full-service redemption kiosk as a single touchpoint meant to consolidate a casino guest’s entire cash-access...
Kalshi Prediction Markets Face Appeals Court Split
ReadWriteby ReadWrite·10d ago
The Sixth US Circuit Court of Appeals ruled on Friday 25 September that Ohio and Tennessee can regulate Kalshi‘s event contracts under their own gambling laws, rejecting the company’s bid to have...
DraftKings VIP Program and Problem Gambling
ReadWriteby ReadWrite·11d ago
It was late May, the French Open was underway, and a ProPublica reporter had just ripped 64 wagers on the clay courts of Paris in a single two-hour session from his office chair in New York City.
Polymarket Lawsuit: New York Gambling Case
ReadWriteby ReadWrite·12d ago
New York has sued Polymarket over its event contracts, alleging the company runs an illegal gambling business without a state gaming license, and Polymarket answered by pulling the case into...
Prediction Markets Face New Federal Safety Push
ReadWriteby ReadWrite·12d ago
Sen. Richard Blumenthal (D-CT) and Rep. Paul Tonko (D-NY) are widening a congressional campaign to force federal oversight and consumer protections onto prediction markets, aligning with...
Kalshi Event Contracts Face State Gambling Laws
ReadWriteby ReadWrite·12d ago
The 6th U.S. Circuit Court of Appeals in Cincinnati ruled on Friday that Ohio and Tennessee can regulate Kalshi‘s event contracts under their state gambling laws, handing the prediction-market...
Polymarket Lawsuit Tests New York Gambling Law
ReadWriteby ReadWrite·13d ago
New York Attorney General Letitia James sued Polymarket on Thursday in state court in Manhattan, alleging the prediction market platform ran an unlicensed gambling operation.
Prediction Markets: Robinhood Hits $156M Revenue
ReadWriteby ReadWrite·13d ago
Robinhood is widening its prediction-market lineup beyond sports, with crypto-linked event contracts already commanding an outsized share of activity on the platform.
Prediction Markets Lead NFL App Downloads
ReadWriteby ReadWrite·13d ago
Kalshi and Polymarket combined for 1.33 million of the 2.8 million NFL betting app downloads recorded in Week 2, extending prediction markets’ early lead over sportsbook apps.
Prediction Markets and Gambling Safeguards
ReadWriteby ReadWrite·14d ago
Prediction-market platforms are pushing to be governed only by federal swaps rules, displacing the state gambling laws that regulate casinos in Nevada and New Jersey, according to a Roosevelt...
Robinhood Prediction Markets: Revenue Hits $156M
ReadWriteby ReadWrite·14d ago
Robinhood is pushing its prediction-market business beyond sports into crypto, economic and other non-sports event contracts, a shift that comes as the segment’s revenue jumped more than tenfold...
California Tribes Challenge Kalshi: Legal Strategy
ReadWriteby ReadWrite·14d ago
Gaming attorney Daniel Wallach is urging California tribes to recruit city and county attorneys into their fight against Kalshi, arguing that tribal litigation alone won’t force the...
Kalshi Trading Volume Hits $6B Weekend Record
ReadWriteby ReadWrite·15d ago
Kalshi recorded more than $6 billion in combined trade volume over the weekend, with the NFL driving the bulk of the activity, according to data shared by TickerTracker.
Kalshi NCPG Membership Sparks Regulator Exits
ReadWriteby ReadWrite·15d ago
The Ohio Casino Control Commission quietly withdrew its membership from the National Council on Problem Gambling in June, the commission confirmed to Sports Betting Dime, becoming the third state...
New York Sports Betting Bill Awaits Hochul
ReadWriteby ReadWrite·15d ago
Both chambers of the New York Legislature have approved bill A10329, sending it to Gov. Kathy Hochul for review.
Your filters hide everything on this page. Adjust them in preferences.