Tag: Prediction Markets
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 ...
Pennsylvania gambling regulator asks lawmakers to act against proliferation of prediction markets
9 October 2025 at 5:59am UTC-4
Pennsylvania Gaming Control Board Executive Director Kevin F. O’Toole has called on lawmakers to press the Commodity Futures Trading Commission over the growth of sports ...
Flutter bosses unfazed by prediction markets
8 October 2025 at 2:25pm UTC-4
“Unsurprisingly, prediction markets dominated the discussion,” J.P. Morgan analysts reported of their Global Gaming Expo meeting with Flutter Entertainment. The latter was ...
Kalshi sues Ohio in a bid to prevent being blocked from operating
8 October 2025 at 7:23am UTC-4
Prediction market Kalshi has filed a federal lawsuit against the Ohio Casino Control Commission and Attorney General Dave Yost’s office, claiming the state is overreaching in ...
Prediction-market fears overhyped, analyst says
3 October 2025 at 1:50pm UTC-4
The stock market has a “shoot first, ask later” attitude toward digital-gaming companies, opined J.P. Morgan analyst Daniel Politzer, pointing to the recent 18% plunge in ...
Polymarket set to relaunch in US as early as Friday
2 October 2025 at 7:41am UTC-4
Four years after being banned by the Commodity Futures Trading Commission, prediction market Polymarket is set to reopen to US customers, according to filings submitted by the ...
Robinhood eyes overseas expansion for prediction markets
2 October 2025 at 6:40am UTC-4
Trading platform Robinhood Markets is extending an international rollout of its prediction markets business, a step that would push the fast-growing product beyond the US ...
Analyst sticks by DraftKings, despite dip
1 October 2025 at 12:36pm UTC-4
Evidently unconcerned by record levels of Kalshi trading volume around a Monday Night Football doubleheader, one analyst was placing a “Buy” rating on DraftKings. Jefferies ...
Flutter selloff prompts analyst rebuke
1 October 2025 at 12:09pm UTC-4
Jefferies Equity Research analyst James Wheatcroft placed a “Buy” rating on Flutter Entertainment stock after a slump in the share price. “Today’s weakness in Flutter’s ...
Colombia’s gambling regulator orders ISPs to block Polymarket
30 September 2025 at 7:15am UTC-4
Colombia’s gambling regulator, Coljuegos, has requested that internet service providers block access to prediction market platform Polymarket for operating unauthorized betting ...
