Tag: Prediction Markets
Kalshi announces partnership with Elon Musk’s xAI
28 July 2025 at 6:52am UTC-4
Online prediction platform Kalshi has confirmed a partnership with Elon Musk’s artificial intelligence startup xAI, bringing the Grok chatbox to Kalshi’s trading platform ...
DraftKings mulls acquisition of prediction market Railbird Exchange
16 July 2025 at 6:12am UTC-4
DraftKings is in talks to acquire Railbird Exchange, a federally licensed prediction market platform, as reported by Front Office Sports.
According to a Front Office Sports ...
Mescalero tribe urges crackdown on online sports betting in New Mexico
10 July 2025 at 5:34am UTC-4
The Mescalero Apache Tribe is urging the New Mexico legislature and the Attorney General’s Office to help stop online gambling platforms that it claims are violating tribal ...
Higher taxes to crimp DraftKings earnings but not Rush Street’s, Jefferies analyst says
3 July 2025 at 12:15pm UTC-4
New, state-level tax increases and the cost of entering the prediction markets will be a squeeze on DraftKings’ revenue in the near future. That’s the forecast of Jefferies ...
Kalshi hits US$2 billion valuation after latest funding round
27 June 2025 at 7:14am UTC-4
Tarek Mansour, CEO of prediction platform Kalshi, announced in an X post that the company has closed a US$185 million funding round and is valued at US$2 billion.
Paradigm, a ...
Polymarket close to finalizing US$200 million funding round
25 June 2025 at 6:26am UTC-4
Blockchain-based prediction market company Polymarket is reportedly close to finalizing a US$200 million funding round that would value the company at more than US$1 billion ...
Kalshi director and CFTC nominee advocates for prediction markets
12 June 2025 at 8:19am UTC-4
President Donald Trump’s nominee to lead the Commodity Futures Trading Commission, Brian Quintez, was questioned about his links to trading platform Kalshi in front of a Senate ...
Polymarket ties up with X as official prediction market partner
9 June 2025 at 7:42am UTC-4
Prediction markets operator Polymarket has joined forces with social media giant X, as its official prediction market partner.
As part of the deal, Polymarket and X will ...
Prediction markets are gaming’s next big shortcut to 50-state access
31 May 2025 at 11:28am UTC-4
Prediction markets are creeping into the national spotlight and depending who you ask, they're either the future of federally regulated gambling or a dressed-up loophole designed ...
Court to rule over Nevada Resort Association joining Kalshi case
28 May 2025 at 7:25am UTC-4
A US District Court judge will have to decide whether to allow the Nevada Resort Association to intervene in a case over the legality of prediction markets.
The New York-based ...
