Mike Breen

Focus Areas

Journalism

Background

Mike Breen has been a professional writer and editor covering a wide range of topics for more than 30 years. He’s been a freelance gaming industry writer since 2020, reporting on sports betting, online casinos, and more for various Catena Media sites, and he began reporting on prediction market industry news in 2025 for Prediction News. Prior to that, Mike was a founding editor at his hometown altweekly newspaper in Cincinnati, Ohio, where he extensively covered local arts, music and news.

Mike’s published writing has received recognition and several awards from organizations like the Society of Professional Journalists and the Association of Alternative Newsmedia.

When Mike is not working, he enjoys playing and listening to music, attending comedy shows, watching movies, and spending time with his family and three cats.

Experience

Journalism

Recent Articles

IG Group agreed to acquire Underdog in a deal worth up to $1.3 billion, announced just 12 days after the fantasy sports company launched prediction markets through its own federally regulated exchange.

Industry

IG Group to Acquire Underdog for Up to $1.3 Billion in Major US Prediction Market Push

The British global online trading company announced the deal just 12 days after Underdog launched prediction markets through its own federally regulated exchange

July 30, 2026

Rush Street Interactive is seeking federal approval to operate a prediction market exchange and clearinghouse, preserving a path into the sector without committing to launch.

Industry

Rush Street Hedges with Prediction Market Filings to Preserve ‘Strategic Flexibility’

On its Q2 earnings call, the BetRivers parent company outlined a distinct path into prediction markets, seeking exchange and clearinghouse approvals before deciding whether to launch a consumer product

July 30, 2026

nhood’s prediction market revenue surpassed crypto and equities in the second quarter as the company expanded activity through Rothera.

Finance & Earnings

Robinhood Reports $156M in Prediction Market Revenue Beating Crypto and Talks Perps

In its Q2 earnings release and call, Robinhood reported $156 million in prediction market revenue and said it plans to shift more flow to Rothera and eventually offer perpetual futures in the U.S.

July 29, 2026

Market-side comments on the CFTC’s proposed event contract rule backed clearer standards for prediction markets while exposing divisions over sports contracts, self-certification and the boundary between derivatives and gaming.

Regulation & Policy

Kalshi, Polymarket and Other Exchanges Push CFTC for Clearer Event Contract Rules

Comments on the CFTC’s proposed event contract rule show Kalshi, Polymarket and other market-side voices backing contract-by-contract review for prediction markets. The filings also exposed divisions over sports and combination contracts, self-certification and the boundary between federally regulated derivatives and gaming

July 29, 2026

Major sports leagues and player unions are asking the CFTC to add safeguards around sports event contracts, including limits on injury, officiating and certain player-specific markets.

Regulation & Policy

Sports Leagues And Player Unions Press CFTC For Prediction Market Safeguards

Comments on the CFTC’s public-interest rulemaking for prediction markets show leagues and player unions pushing for betting-style safeguards around sports event contracts, including limits on injury, officiating and certain player-specific markets

July 29, 2026