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Category: Featured

$35 million in open interest on Kalshi and Polymarket
Featured

Will the Fed Cut Rates? 94% Say Yes with $35 Million on the Line

Polymarket and Kalshi show near-unanimous consensus ahead of Wednesday's decision, with $14 million traded in the past 24...
Author Cheryle Shepstone
Cheryle Shepstone
December 8, 2025
Some pro bettors plan to choose prediction markets over sportsbooks in 2026.
Featured

Will Gambling Tax Deduction Cap Spur Migration To Prediction Markets?

Unless it’s repealed, a new tax provision capping the losses gamblers can deduct at 90% takes effect on Jan. 1, 2026. Meanwhile, prediction markets are rising in prominence. A potential...
Marcus DiNitto
November 19, 2025
FanDuel's prediction markets entry puts all 50 states in play.
Featured

Sports Event Contracts Included In FanDuel/CME Group’s Prediction Markets Play

FanDuel’s move into prediction markets is official, as Flutter Entertainment, the sports betting operator’s parent company, and CME Group have announced the launch of the FanDuel...
Marcus DiNitto
November 12, 2025
Anti-prediction markets legislation has been filed in New York State.
Featured

Sen. Addabbo: New York State Can’t ‘Wait on Sidelines’ To Address Prediction Markets

While a bill has been filed in the New York State Assembly to restrict prediction markets on multiple fronts, Senator Joseph Addabbo’s support is critical to its passage. Assemblyman...
Marcus DiNitto
November 11, 2025
Schwab CEO Rick Wurster is sounding the alarm on prediction markets' sports offerings.
Featured

Schwab CEO Warns: Prediction Markets Are Making Gambling Look Like Investing

Prediction markets are dangerously blurring the line separating gambling and investing, Schwab CEO Rick Wurster cautioned this week. CFTC-approved prediction markets can certainly be used...
Marcus DiNitto
November 6, 2025
Featured

When Words Become a Market: The Problem With Turning Speech Into Something You Can Bet On

Brian Armstrong didn’t break the financial system. He didn’t crash Coinbase’s stock, he didn’t announce a surprise acquisition, and he didn’t reveal a new token launch. All he did...
Avatar photo
Brett Collson
November 4, 2025
Kalshi, Polymarket represented at SEC/CFTC joint roundtable.
Featured

Regulatory Inconsistencies, Not Sports, Drive SEC/CFTC Roundtable Discussion

As prediction markets rise in prominence, Polymarket CEO Shayne Coplan and Kalshi’s Tarek Mansour represented a new generation of financial exchanges on Monday’s SEC-CFTC joint...
Marcus DiNitto
October 1, 2025
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