Prediction Market

Kalshi, Catalist Sports Reannounce Live-Streaming Partnership
Richard JanvrinBy: Richard Janvrin

Kalshi, Catalist Sports Reannounce Live-Streaming Partnership

Kalshi and Catalist Sports have reannounced their streaming deal with new language addressing regulatory requirements.
Industry
Robinhood to Stop Offering Sports Prediction Markets in Michigan
Richard JanvrinBy: Richard Janvrin

Robinhood to Stop Offering Sports Prediction Markets in Michigan

Robinhood will pause sports prediction markets in Michigan while its legal challenge over state regulatory authority continues.
Legal
NFL Warns Prediction Markets to Stop Offering 'Objectionable' Contracts
Richard JanvrinBy: Richard Janvrin

NFL Warns Prediction Markets to Stop Offering 'Objectionable' Contracts

The NFL is urging prediction markets to remove contracts it says could threaten the integrity of its games.
Legal
Michigan Judge Blocks Kalshi Sports Prediction Markets
Richard JanvrinBy: Richard Janvrin

Michigan Judge Blocks Kalshi Sports Prediction Markets

Kalshi must block Michigan users from its sports prediction markets under a new preliminary injunction.
Legal
Laptop displaying a colorful data graph with a hand typing on the keyboard, symbolizing financial analysis and prediction markets
Lucas DunnBy: Lucas Dunn

Canadian Lottery Coalition Pushes Back on Prediction Markets

Canada's securities regulators cleared prediction markets on sports outcomes, but provincial lottery corporations say the guidance doesn't go far enough.
Industry
Congress Demands More Answers From FanDuel Over VIP Program
Richard JanvrinBy: Richard Janvrin

Congress Demands More Answers From FanDuel Over VIP Program

Congress is pressing FanDuel for more answers about its VIP program after criticizing the company's initial response.
Legal
Kalshi, CEO Donated $12K to Texas AG Ken Paxton Amid Prediction Market Scrutiny
Richard JanvrinBy: Richard Janvrin

Kalshi, CEO Donated $12K to Texas AG Ken Paxton Amid Prediction Market Scrutiny

Kalshi and its CEO donated $12,000 to Texas AG Ken Paxton as other states pushed back against prediction markets.
Legal
Oklahoma Tribal Gaming Leaders Warn Prediction Markets Threaten Sovereignty
Richard JanvrinBy: Richard Janvrin

Oklahoma Tribal Gaming Leaders Warn Prediction Markets Threaten Sovereignty

Oklahoma tribal gaming leaders warn prediction markets could threaten tribal sovereignty and gaming protections.
Legal
New Jersey Asks Supreme Court to Decide Kalshi Prediction Market Dispute
Richard JanvrinBy: Richard Janvrin

New Jersey Asks Supreme Court to Decide Kalshi Prediction Market Dispute

New Jersey wants the Supreme Court to settle a growing legal divide over whether states can apply their gambling laws to Kalshi's sports event contracts.
Legal
Canadian Regulators Say Sports Prediction Markets Aren't Securities or Derivatives
Richard JanvrinBy: Richard Janvrin

Canadian Regulators Say Sports Prediction Markets Aren't Securities or Derivatives

Canadian securities regulators have clarified that sports and entertainment event contracts fall outside the country's securities and derivatives framework.
Legal