Industry
CME Group Waiting On Government’s Greenlight To Offer Sports Event Contracts With FanDuel
CME Group CEO Terry Duffy shed light on the company’s potential foray into sports event contracts during its Q3 2025 earnings call. If the federal government ultimately gives the nod for...
Marcus DiNitto
October 23, 2025
Industry
NHL’s Partnerships With Kalshi, Polymarket Raise Eyebrows Around Sports, Gambling Industries
In the latest validation of prediction markets, the NHL announced Tuesday that it has struck licensing agreements with both Kalshi and Polymarket. The NHL becomes the first major US sports...
Marcus DiNitto
October 22, 2025
Investments
DraftKings’ Railbird Acquisition Forges Path To Prediction Markets
This has been percolating for a few months, but DraftKings is getting into prediction markets. News of the sports betting operator’s interest in acquiring Railbird Exchange, a...
Marcus DiNitto
October 22, 2025
Industry
CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to...
Brett Collson
October 17, 2025
Finance & Earnings
Kalshi’s Tarek Mansour: Embrace Crypto or Be Left Behind
While Kalshi continues to make inroads on the blockchain, the prediction market has no intention of becoming crypto-centric. Yes, Kalshi sees crypto as critical to its growth, but the...
Marcus DiNitto
October 14, 2025
Investments
Kalshi Announces $300 Million Investment, Massive Global Expansion
Investment keeps flowing into prediction markets. Kalshi announced today, Friday, Oct. 10, that it has “recently raised” $300 million at a valuation of $5 billion, a figure consistent...
Marcus DiNitto
October 10, 2025
Industry
Polymarket-ICE Deal Revolutionary for Crypto, Validating for Prediction Markets
News of Intercontinental Exchange’s potential $2 billion investment in Polymarket is reverberating through the financial and gambling communities, with execs proclaiming the deal as...
Marcus DiNitto
October 8, 2025
Investments
Polymarket Lands Potential $2 Billion Investment from NYSE Owner Intercontinental Exchange
Prediction markets may be in a precarious regulatory situation, but that’s not stopping the companies from attracting major financial investments. Polymarket announced today that...
Marcus DiNitto
October 7, 2025
Finance & Earnings
Kalshi Surpasses Polymarket In Trading Volume As John Wang Eyes Crypto Push
Kalshi has surpassed Polymarket in weekly trading volume, according to multiple reports. Boosted by its US presence as football season has kicked off, Kalshi saw $871.8 million in trades...
Marcus DiNitto
October 6, 2025
Featured News and Analysis
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
Industry
Kalshi, Polymarket Make Moves To Inject Crypto Into US Prediction Markets
In a step to bolster liquidity and ease transactional friction, Kalshi Klear, the clearing house for the prediction market, has filed with the Commodity Futures Trading Commission to...
Marcus DiNitto
September 26, 2025
Finance & Earnings
Kelp Launches “Gain” Yield Optimizer
Restaking protocol Kelp has just launched “Gain” – an automated optimizer for yield farming and airdrop points participation across Layer 2 networks. Gain provides users with a...
Alejandro Miguel
August 13, 2024