Tag: Prediction Markets
Jefferies analyst defends Flutter
6 March 2026 at 1:52pm UTC-5
Despite slashing his price target on Flutter Entertainment, one analyst stood by the embattled stock. James Wheatcroft of Jefferies Equity Research cut his per-share target on ...
Michigan Attorney General sues Kalshi over legality of prediction markets
6 March 2026 at 7:37am UTC-5
Michigan’s Attorney General Dana Nessel has filed a lawsuit seeking to block prediction platform Kalshi from operating in the state.
The lawsuit, which has been filed in ...
Underdog lays off employees as it expands into prediction markets
5 March 2026 at 7:16am UTC-5
Daily fantasy sports operator Underdog Fantasy has laid off at least 125 employees, which is more than 20% of its workforce, as it shifts its business strategy toward prediction ...
Kalshi lobbying in New York as state lawmakers seek to regulate event contracts
2 March 2026 at 7:24am UTC-5
Kalshi has increased its lobbying efforts in the state of New York as lawmakers advance proposals to regulate the fast-growing prediction market sector, according to Bloomberg Law ...
Flutter execs blame the NFL for quarterly results
26 February 2026 at 7:12pm UTC-5
Football — the American kind — was on the minds of Flutter Entertainment leadership in their fourth-quarter earnings call. NFL results and offerings, they argued, dampened the ...
CFTC reaffirms authority to police prediction markets after Kalshi uncovered insider trading
26 February 2026 at 7:03am UTC-5
The Commodity Futures Trading Commission’s has restated its enforcement capabilities in relation to allegations of insider trading and fraud in markets offered by the prediction ...
Kalshi files preemptive lawsuit against Utah officials
25 February 2026 at 6:07am UTC-5
Prediction market Kalshi has taken legal action against state officials in Utah, filing a federal lawsuit to block what it says are imminent efforts to enforce the state’s anti ...
Kalshi removes affiliate badges from X as platform cracks down on gambling-related advertising
25 February 2026 at 5:51am UTC-5
Prediction market Kalshi has removed promotional markers from social media platform X after a policy shift tightened oversight of gambling-related advertising.
Kalshi confirmed ...
Tennessee judge grants Kalshi a preliminary injunction
20 February 2026 at 7:08am UTC-5
A federal judge in Tennessee has delivered a significant early victory to prediction market Kalshi by issuing a preliminary injunction that temporarily blocks state officials from ...
Connecticut continues crack down on prediction markets by raising age limit
19 February 2026 at 6:27am UTC-5
Connecticut lawmakers are turning their attention to the rapidly expanding world of prediction market platforms with a proposal that would impose stricter age limits and ...
