Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Industry
Polymarket CEO Slams DraftKings and FanDuel, Calls Regulatory System a Scam
Polymarket Founder and CEO Shayne Coplan attacked sportsbooks on Tuesday, saying that regulated sports betting is a scam, and called DraftKings and FanDuel a...
Industry
Tarek Mansour Says Growth Outpacing Early Projections for Prediction Markets
Tarek Mansour, Kalshi’s Chief Executive Officer, said on Tuesday that he expected it would take a decade for prediction markets to reach the levels of stock trading, but it’s coming...
Industry
PrizePicks Adds Kalshi Deal To Just-Announced Polymarket Partnership
Just days after announcing a deal with Polymarket, PrizePicks has launched prediction markets through a partnership with Kalshi, Polymarket’s main adversary. Kalshi prediction markets are...
Regulation & Policy
Massachusetts Issues Stern Warning To Sportsbooks About Prediction Market Plans
Massachusetts has become the latest to state to warn sports betting licensees about getting too deep into the prediction markets business. In a letter to operators, Massachusetts Gaming...
Regulation & Policy
Polymarket Returns to U.S. with Beta Launch for Select Users
Polymarket has relaunched in a limited beta in the U.S., announcing that it is letting a small number of American users trade contracts on outcomes for sports, politics, pop culture, and...
Featured News and Analysis
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...
Regulation & Policy
California Judge Rules Kalshi Operates Under Federal Oversight, Not Tribal Gaming Law
Kalshi has scored another win in its fight to define the future of sports prediction markets. On Monday, a California federal judge refused to block the platform’s contracts in...
Industry
PrizePicks Entering Prediction Markets with Polymarket Partnership
PrizePicks and Polymarket are teaming up to launch a new prediction markets platform. The news follows an announcement by PrizePicks in September that its Performance Predictions II...
Featured News and Analysis
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...
Industry
ProphetX Seeks CFTC Approval to Become First Sports-Focused Prediction Exchange
ProphetX, a sports prediction platform currently operating under a sweepstakes model, has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) to register as both a...
