Tag: Prediction Markets
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 ...
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 ...
