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...
Cheryle Shepstone
November 19, 2025
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...
Marcus DiNitto
November 14, 2025
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...
Marcus DiNitto
November 13, 2025
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...
Brett Collson
November 13, 2025
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...
Marcus DiNitto
November 12, 2025
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, siding...
Brett Collson
November 11, 2025
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...
Marcus DiNitto
November 11, 2025
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...
Marcus DiNitto
November 11, 2025
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...
Brett Collson
November 10, 2025
Industry
Despite Regulatory Risk, DraftKings To Launch Sports Contracts on Prediction Markets Platform
DraftKings is done waiting for California and Texas to legalize sports betting, announcing in advance of its Q3 earnings call that it plans to launch a predictions markets platform that...
Marcus DiNitto
November 7, 2025
Featured News and Analysis
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
Industry
Kalshi, Polymarket Align Simultaneously With Google Finance
Prediction market rivals Polymarket and Kalshi have both struck partnerships with search engine behemoth Google. The deals are part of a broader announcement by Google that it is upgrading...
Marcus DiNitto
November 6, 2025