Kalshi Partners With Genius Sports for Official Sports Data
Genius Sports has struck a deal with Kalshi to provide official sports data and integrity services shortly after partnering with Polymarket.
Polymarket Partners With Genius Sports for Live Streaming and Official Data
Genius Sports will provide Polymarket with official sports data, live streaming rights, and integrity services for its U.S. platform.
IG Group to Acquire Underdog in $1.3 Billion Deal
The London-based fintech company will acquire Underdog in a deal designed to expand its U.S. prediction markets business.
NCLGS Urges Congress to Classify Prediction Markets as Illegal Gambling
State gaming lawmakers adopted a resolution calling on Congress to clarify that prediction markets should be regulated as gambling.
Federal Judge Blocks Minnesota's Prediction Market Ban
The ruling pauses Minnesota's first-in-the-nation prediction market ban while the legal challenge moves forward.
Kalshi Agrees Cease Sports Event Contracts and More in Nevada
A settlement with Nevada regulators requires Kalshi to stop offering several prediction markets in the state by Aug. 12.
Bipartisan Bill Would Ban Sports Event Contracts on Prediction Markets
Nevada lawmakers have introduced legislation to ban sports event contracts on prediction market platforms.
Netflix Short-Turn Documentary to Reveal Prediction Markets’ Rise in Gambling
They brand themselves as financial instruments, which allow users to compete in a peer-to-peer system without house-imposed vigs.
Underdog Launches Its Own CFTC-Regulated Prediction Market Exchange
The DFS operator has transitioned from third-party exchanges to operating its own prediction market platform.
Washington Judge Blocks Kalshi Sports Event Contracts
The ruling marks another legal setback for Kalshi as states challenge sports event contracts.