Industry

Blanket is a new AI-powered tool designed to help small businesses find Kalshi prediction market contracts that could offset real-world financial risks.

Industry

Blanket Aims to Bring Kalshi Prediction Market Hedging to Small Businesses

The AI-powered tool grew out of an earlier prototype as bars, brands and other businesses experiment with event contracts to offset real-world...

Mike Breen

August 7, 2026

DraftKings plans to shift more prediction market activity onto its proprietary DKeX exchange as Predictions customer and trading volume grows ahead of football season.

Finance & Earnings

DraftKings Predictions Volume Hits $11B Run Rate as DKeX Takes Bigger Role

Rapid customer and trading-volume growth is pushing DraftKings toward a more vertically integrated Predictions business, with its own proprietary exchange, new FCM and market making...

Mike Breen

August 7, 2026

Polymarket became an official prediction market partner of the New York Yankees as legal battles over sports event contracts continue in New York

Industry

Polymarket Becomes Official Prediction Market Partner of Yankees as New York Legal Battles Heat Up

The Yankees deal comes as New York pursues a potential $36 billion case against Kalshi that could help determine whether sports event contracts can continue to be offered in the...

Mike Breen

August 6, 2026

Genius Polymarket Kalshi soccer prediction markets

Industry

Genius Sports Deepens Prediction Market Push With Kalshi, Polymarket US Deals

Back-to-back agreements expand Genius Sports’ role in soccer prediction markets, giving Kalshi access to its full soccer data portfolio while Polymarket expands data, integrity and...

Mike Breen

August 5, 2026

Flutter is moving FanDuel Predicts’ sports and novelty contracts to Crypto.com while expanding its market making business

Finance & Earnings

Flutter Moves All FanDuel Predicts Sports Contracts to Crypto.com as Market Making Ramps Up

Flutter’s Q2 earnings release and call revealed a reshaping of FanDuel Predicts, with sports contracts moving to Crypto.com, CME retaining financial markets and a fast-growing market...

Mike Breen

August 5, 2026

Novig has launched its federally regulated sports prediction market platform nationwide through Ludlow Exchange.

Industry

Novig Launches Federally Regulated Sports Prediction Market Platform Through Ludlow Exchange

A Tuesday app update told users Novig is now a federally regulated exchange, required acceptance of Ludlow Exchange terms and opened nationwide access to a broad lineup of sports...

Mike Breen

August 4, 2026

Polymarket is reportedly seeking new funding at a valuation of more than $20 billion.

Industry

Polymarket Reportedly in Talks for Funding at $20B-Plus Valuation

A potential $20 billion-plus valuation would narrow the gap with Kalshi, which was valued at $22 billion in May, as Polymarket’s revenue and U.S. trading volume continue to...

Mike Breen

August 4, 2026

Polymarket will allow U.S. users to watch live ATP Tour matches alongside related prediction markets.

Industry

Polymarket Secures ATP Tour Video Streaming Rights, a First Among Major U.S. Prediction Market Platforms

The exclusive deal will let Polymarket US users watch roughly 20,000 ATP and Challenger Tour matches per season directly alongside related prediction...

Mike Breen

August 3, 2026

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...

Mike Breen

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...

Mike Breen

July 30, 2026

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