Tag: Prediction Markets

DraftKings acquires Railbird Technologies

24 October 2025 at 8:25am UTC-4
DraftKings is moving toward entry in prediction markets, having announced the acquisition of Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, a federally ...

NHL signs multi-year deals with Kalshi and Polymarket

24 October 2025 at 5:41am UTC-4
The NHL has signed multi-year partnerships with prediction markets Kalshi and Polymarket. The deal, announced on Wednesday, gives both Kalshi and Polymarket access to the NHL ...

California’s tribal gaming leaders target prediction market apps

21 October 2025 at 2:35am UTC-4
California’s tribal gaming leaders say online prediction market platforms, not daily fantasy sports apps, pose the biggest threat to their sovereignty and revenue base ...

CME Group prepares sports-linked contracts to rival Kalshi and Polymarket

20 October 2025 at 7:15am UTC-4
Chicago-based derivatives exchange CME Group plans to launch financial contracts linked to sports events and economic indicators before the end of the year, competing with ...

Kraken eyes prediction market launch with acquisition of CFTC-licensed Small Exchange

17 October 2025 at 6:53am UTC-4
Cryptocurrency exchange Kraken has confirmed its US$100 million acquisition of Commodity Futures Trading Commission-licensed contract market Small Exchange signals an interest in ...

Nevada Gaming Control Board warns licensees that sports event contracts are wagers

17 October 2025 at 6:28am UTC-4
The Nevada Gaming Control Board has circulated a notice to licensees clarifying that it regards sports event contracts as wagers. Sent on Wednesday, Notice 2025-77 acknowledged ...

Market overreacted to Kalshi’s NFL parlay launch

16 October 2025 at 8:14am UTC-4
The stock market shock after the launch of prediction market Kalshi’s NFL parlay product may have been an overreaction, according to Sportico. At the end of September, the ...

Robinhood vice president mulls prediction platform growth via acquisition or JV

14 October 2025 at 8:02am UTC-4
Robinhood Vice President and General Manager of Futures and International JB Mackenzie has said that Robinhood's prediction market platform is keeping its options open regarding ...

Kalshi eyes expansion in China and India

14 October 2025 at 7:26am UTC-4
US-regulated prediction market Kalshi has revealed that China and India are among the list of nations it hopes to target. According to Sportico the group, which plans to expand ...

Kalshi hits US$5 billion valuation after latest financing round

13 October 2025 at 7:25am UTC-4
Prediction market Kalshi has raised US$300 million during a Series D funding round, valuing the prediction platform at US$5 billion, according to The New York Times. The ...