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Prediction Markets
58 stories mentioning this topic
CFTC Orders Prediction Markets to Lift State Geo-Blocks Within 30 Days
The Commodity Futures Trading Commission (CFTC) has told prediction market operators and exchanges that domestic geographic restrictions are generally inconsistent with federal market access rules, giving them 30 days to remove state-based access blocks or explain why compliance is not possible. The guidance was issue…
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7bet Launches Baltic Prediction Markets
Predictions Extend Beyond Sporting Events The operator’s Lithuanian website displays a dedicated predictions section alongside its sportsbook. The page lists categories… The post 7bet Launches Baltic Prediction Markets appeared first on iGaming Express.
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DraftKings Revenue Rises 16%, but Mounting Losses and Prediction Markets Spending Weigh on Outlook
DraftKings reported $1.33 billion in third-quarter revenue, but rising expenses, a widening quarterly loss and reduced annual guidance reveal the financial cost of its aggressive expansion into prediction markets. DraftKings generated more than $1.3 billion in revenue during the third quarter of 2026, yet the company’…
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BETBY wins Best Innovative Sportsbook Feature award at the SiGMA World Awards
The award recognises BETBY Predictions, the industry’s first fixed-odds prediction markets solution designed specifically for sportsbooks BETBY, the Tier 1 B2B sportsbook provider, has secured two industry accolades in Rome, winning the Best Innovative Sportsbook Feature award at the SiGMA World Awards 2026 for its gr…
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California Tribes Become First to Win Injunction Against Kalshi Sports Contracts
A group of California tribes has secured what appears to be the first preliminary injunction against Kalshi’s sports event contracts from a US tribe, marking a major development in the ongoing legal battle over prediction markets and sports-related contracts in the US. The order was issued by the US District Court for…
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7bet rolls out prediction markets in Latvia and Lithuania
Vilnius-based 7bet has announced that it is launching a prediction markets product in both Lithuania and Latvia. The online gambling operator, which is licensed in both countries as well as in the UK, will offer Latvian and Lithuanian players events contracts on elections, politics, weather, celebrity news, and all ot…
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Sportradar posts 47% US growth in Q3 as prediction markets gain ground ahead of Atrium exit
Freedom Capital Markets says prediction-market deals are becoming a growth driver, while Brazil’s betting ban and the planned sale of Atrium Sports weigh on its outlook.
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Genius Sports projects over $1bn in 2026 revenue
Genius Sports has raised its revenue and EBITDA expectations for 2026 after signing partnerships with the two biggest prediction markets companies in Q3 and chipping away at its net loss. The firm’s Q3 results showed that its net loss year-to-date remains much higher than last year at $147.9m (£131.8m), up 62% from $9…
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Prediction Markets Summit Europe 2026 to bring industry leaders and regulators to Gibraltar
November 9-10
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Super Group rules out prediction markets as Africa leads Q3 growth
The Betway and Spin owner is keeping its focus on sportsbook and casino, with Africa now its fastest-growing… The post Super Group rules out prediction markets as Africa leads Q3 growth appeared first on European Gaming Industry News.
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What Comes Next For Prediction Markets After Democrats Take Over?
The mid-term election brought some major changes to the political landscape with Democrats capturing control of the House and Senate at the federal level. While gambling issues weren’t directly on t...
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FanDuel Ponders Prediction Market Spending, Assesses Profit Potential
Flutter Entertainment has decided to reconsider just how much it is willing to inject into prediction markets, weighing their potential to generate standalone profits against their value in attracting future sportsbook customers. The announcement comes at a particularly important time for FanDuel as competition keeps …
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Kalshi Gets 479 Out of 487 – Does It Mean Prediction Markets Get It Right?
The midterms are over, and Kalshi has plenty to show for it- the platform said that 479 out of 487 predictions by traders on its platforms were correct – and they were correct even prior to any votes being cast, once again demonstrating these platforms’ ability to call future outcomes and highlighting the danger of […]
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Appeals Court Denies Kalshi and Coinbase Temporary Protection
Kalshi and Coinbase face another legal setback in their battle against state-level regulation of prediction markets. The US Court of Appeals for the Second Circuit refused their requests to temporarily block New York and Connecticut officials from enforcing gambling laws on their contracts for sports events. Kalshi an…
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Apple Banned Employees from Using Company Info for Prediction Markets
This week, Apple published its fiscal 2026 Form 10-K, which gives a detailed look at the company’s finances, business, and risks. However, the filing also included a revised insider trading policy that explicitly bans employees from trading on prediction markets and using confidential information to do so. Apple Annou…
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Dems sweep may complicate SCOTUS composition, potential landmark decision on sports event contracts
If a Supreme Court justice announces intentions to retire before the 2028 elections, Democrats could be reminded of the Merrick Garland controversy one that oddly may impact prediction markets
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Sportradar US Revenue Jumps 47% Driven By Prediction Markets
Sportradar reported a 47% increase in US revenue during the third quarter, as its expanding prediction market business began contributing to the sports data provider’s financial results....
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ASIC Comes For Prediction Markets Again, Questions Public Benefit
Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has renewed its criticism of prediction markets, announcing that it remains unconvinced retail customers should be trading these products. The latest comments from Sarah Court, chair of ASIC, come just months after the regula…
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New Record: Prediction Markets Up 55% in October, $4.13B in Daily Trading
Prediction markets recorded their strongest month on record in October, as the return of college football and the NFL helped drive a sharp increase in trading activity. Whopping 55% YoT Rise Average daily volume (ADV) across yes-or-no exchanges climbed 55% month over month to $4.13 billion, according to a report by Je…
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“All the features of a bet” – ASIC says no to Australian prediction markets
Prediction markets are finding more and more global acceptance, but not in Australia where the country’s securities regulator has drawn explicit parallels between the products and betting. In a blog post last Friday, Sarah Court, Chair of the Australian Securities and Investments Commission (ASIC), made it clear that …
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Nebraska Voters Say No to Legalizing Online Sports Gambling in the State
The midterms have definitely brought a lot of excitement for prediction markets and for voters, with most pushing back against the current administration and dealing it a sweeping defeat. They not only gained control of the House of Representatives, but they (in all likelihood) secured the Senate as well. Nebraskans U…
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Nevis launches dedicated prediction markets licensing framework
Covers B2C and B2B operators
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DraftKings, FanDuel, Fanatics scale back Utah prediction markets after Kalshi charges
Utah files 14 criminal charges against Kalshi
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Q3 2026: betting growth drives revenue up 24% at Sportradar
Sportradar's acquisition of IMG Arena last November and its expansion in the prediction markets sector helped drive growth in Q3 The post Q3 2026: betting growth drives revenue up 24% at Sportradar appeared first on NEXT.io.
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ASIC questions whether retail prediction markets serve the public interest
The commission originally issued a ban on distributing binary option products to retail customers in 2021.
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In New Regulatory Framework Liberia Offers License for Prediction Markets at $80000
Liberia has formally included prediction markets under its gaming regulatory framework with the introduction of licensing regulations that will allow authorized operators to offer contracts linked to future occurrences and verifiable results. Resolution No. 005 of 2026’s requirements define prediction markets as a sep…
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Kalshi’s Valuation Continues to Soar, Reaches $40B
The popularity of prediction markets has been indisputable, despite the continued regulatory headwinds faced by the sector. This has once again been proven by Kalshi, one of the leaders in this sector, as the company’s valuation reached a staggering $40 billion. Kalshi Hits a New Milestone Prediction market platform K…
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NEXT.io founder discusses Prediction Markets on Bet It Drives
Pierre Lindh, founder of NEXT.io, is the latest guest on GR8_TECH’s Bet It Drives podcast, joining host and GR8_TECH CSO Yevhen Krazhan in Lisbon for a discussion covering industry politics, media independence, prediction markets and entrepreneurship. Drawing on two decades in gaming media and events, Lindh reflects o…
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NEXT.io’s Pierre Lindh joins Bet It Drives to talk about prediction markets, industry politics, and staying independent
Bet It Drives Season 5 continues in Lisbon with Pierre Lindh, one of iGaming’s most connected media personalities, joining Yevhen Krazhan, CSO at GR8_TECH, for a conversation spanning industry friendships, editorial independence, prediction markets, entrepreneurship, and a couple of unexpected phone calls. Lindh has s…
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Codere Online CEO ‘keeping an eye’ on prediction markets
Prediction markets remain on Codere Online’s radar as the operator explores opportunities to expand its offering and reach.
Read summary →New licensing home opens up for prediction markets
Nevis, a federal state part of the Caribbean nation of Saint Kitts and Nevis, has launched its own prediction markets licensing regime. The news was announced by the Nevis Online Gaming Authority (NOGA), which controls the domestic gambling landscape through strict regulations that bar locals from participating in iGa…
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Canada First Nation launches first-ever indigenous prediction markets framework
A First Nation community in New Brunswick, Canada has become the latest jurisdiction to set up its own prediction markets regulations, perhaps taking a cue from Gibraltar over in Europe. The Tobique First Nation, which has a population of less than 3,000 community members according to a 2025 census, has its own indepe…
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U.S. Senators John Coplan, Elizabeth Warren probe election event contracts
With the midterm elections on Tuesday, a bipartisan pair of senators are expressing concerns to Kalshi and Polymarket executives over the potential for market manipulation on contracts tied to the election. “We write to express concerns about election related prediction markets and to request specific information abou…
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Kalshi Sues Missouri Over the State’s Regulatory Attempts
Earlier this week, Kalshi filed a lawsuit against the Missouri Gaming Commission and several state officials, arguing that the regulation of prediction markets falls exclusively under the Commodity Futures Trading Commission (CFTC), a federal entity, not state authority. What Kalshi Argues? The lawsuit marks yet anoth…
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Coinbase prediction markets top $200M annualized revenue while Q3 net revenue falls 34%
Daily traders up 60%+
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GR8_TECH adds prediction markets functionality to turnkey platforms
Integration now available
Read summary →Kalshi hits its $40bn mark amidst even more state litigation
Prediction markets giant Kalshi has hit its $40bn valuation target, a milestone the company has had its sights set on for much of 2026. The firm’s meteoric growth is continuing at pace in the latter months of 2026, despite the still-fractured regulatory conditions and highly-litigious environment around prediction mar…
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GR8_TECH taps into prediction markets with new offer
Prediction markets have been taking over the news over the last 12 months, so it is no surprise that GR8_TECH has decided to tap into the billion-dollar market and introduce a tech stack of its own. The iGaming technology and software provider is adding prediction markets to its GREAT_TURNKEY and GREAT_CRYPTO TURNKEY …
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Ohio Lawmakers Move to Ban Election Betting and Prediction Markets With New Bill
Ohio lawmakers are once again targeting prediction markets, this time with legislation that would prohibit betting on elections and other political contests in the state. The measure, Senate Bill 479, introduced by Bill DeMora this month, would prohibit wagers on election outcomes and extend the restriction to predict…
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GR8_TECH boosts its turnkey solutions with prediction markets
Markets cover politics, crypto, finance, science and tech, culture, business, and news with same-day events GR8_TECH is adding prediction markets to GREAT_TURNKEY and GREAT_CRYPTO TURNKEY solutions, giving operators a new way to acquire high-value and crypto players and a monthly GGR growth from five per cent. Yevhen …
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Gambling Regulatory Authority of Kenya Plans to Introduce License for Prediction Markets
Kenya’s Gambling Regulatory Authority (GRA) plans to establish a special license category for prediction markets in order to create a more precise structure for platforms that offer contracts on future events. The proposed license raises concerns about the regulation of prediction markets related to sports, elections,…
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Kenya Considers Dedicated Licence for Prediction Market Operators
Kenya could become one of the first African markets to introduce a licence category designed specifically for prediction markets, as the country’s gambling regulator explores how to regulate the growing sector. According to reports by Global Gaming Insider, citing comments made by Peter Karimi to Business Daily, the G…
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New York Gambling Revenues Remain Steady in September
Recent data from the New York State Gaming Commission revealed that the state’s gambling industry remains healthy. While some feared that prediction markets would siphon customers away from the regulated market, state sportsbooks recorded a sizeable increase in betting handle. Meanwhile, casino gambling profits decrea…
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DOJ and CFTC Sue Utah to Stop Gambling Enforcement Against Prediction Markets
The federal government wants a court to stop Utah from enforcing its gambling laws against prediction markets that trade on CFTC-supervised exchanges. The post DOJ and CFTC Sue Utah to Stop Gambling Enforcement Against Prediction Markets appeared first on iGaming Express.
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Prediction markets hit $1.4 billion in midterms trading as forecasting credibility faces test
A CNN analysis
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Liberia Sets $80,000 Online Casino Licence Fee and Creates Prediction Market Rules in New Gaming Framework
Liberia has introduced a wide-ranging overhaul of its gambling regulations, bringing new licensing fees, stricter advertising rules, and a formal framework for prediction markets under a single regulatory structure. The changes were adopted through Regulation No. 005 of 2026 by the National Lottery Authority (NLA) and…
Read summary →NBA moves into predictions space with CFTC, Kalshi and Polymarket agreements
The National Basketball Association (NBA) has agreed deals with Kalshi and Polymarket, firmly making the jump into the prediction markets scene. A set of agreements were announced yesterday, forming a comprehensive framework for NBA-related prediction markets. The deal also includes an extension to its relationship wi…
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NBA signs prediction market deals with Kalshi and Polymarket
The league has also signed an information-sharing agreement with the CFTC and extended its DraftKings deal to cover prediction markets across the US. The National Basketball Association (NBA) has named Kalshi and Polymarket as its ‘Preferred Prediction Market Exchanges’. It has also become the third league, after the …
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Four Leagues Have Signed With Prediction Markets. The NFL Has Gone to the Supreme Court Instead
The NBA signed agreements with Kalshi, Polymarket and DraftKings on October 26, making it the fourth North American league with… The post Four Leagues Have Signed With Prediction Markets. The NFL Has Gone to the Supreme Court Instead appeared first on iGaming Express.
Read summary →Election prediction markets hit $1.4 billion in trading as forecasting credibility faces test
A CNN analysis
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NBA signs MOU with CFTC and partners with prediction markets
A week into the 2026-27 season, the NBA is getting off the sidelines with regard to prediction markets.
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CFTC warns insider trading in prediction markets is an enforcement priority
David Miller, director of enforcement with the Commodity Futures Trading Commission (CFTC), has made it clear that insider trading in prediction markets is an enforcement priority at the agency. “I’ve said publicly that our priority at the Division of Enforcement is policing fraud, abuse, and manipulation,” said Mille…
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NBA takes sides in prediction market fight with Kalshi and Polymarket deals
The National Basketball Association (NBA) on Monday announced a series of agreements to establish a comprehensive framework for NBA-related prediction markets, including a memorandum of understanding with the Commodity Futures Trading Commission (CFTC). Under the agreements, the NBA has also designated Kalshi and Poly…
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Argentina’s securities chief says prediction market approach remains undecided
Argentina has not decided how to approach prediction markets, and authorities must first establish whether the National Securities Commission (CNV) has jurisdiction, its president Roberto Silva said, according to news agency Nuevas Palabras. In a report published on 22 October, the agency quoted Silva as saying that, …
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NBA names Kalshi and Polymarket as preferred prediction market partners
The National Basketball Association (NBA) has announced a series of agreements designed to establish a comprehensive framework for NBA-related prediction markets, including partnerships with Kalshi and Polymarket and a Memorandum of Understanding (MOU) with the United States Commodity Futures Trading Commission (CFTC)…
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SOFTSWISS: prediction markets vs sportsbook – a match made in heaven or intense competition?
Prediction markets have undoubtedly attracted a much wider audience and expanded the boundaries of how players can forecast future events. Despite this, intense scrutiny continues to be placed on the sector. As Kalshi and Polymarket continue to lead the way, obstacles persist in the form of regulators and authorities …
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US Defense Secretary Warns Pentagon Staff Against Insider Trading
The US Defense Secretary has issued an unusual warning aimed at military personnel and Department of Defense employees. Namely, Pete Hegseth has urged against the use of confidential information for trading on prediction markets, saying these types of activities could expose sensitive military plans to foreign adversa…
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DraftKings CEO Robins says company in win-win position in prediction market legal battle
DraftKings has been offering sports event contracts through its app for almost a year now, but CEO Jason Robins has made it clear they will not offer prediction markets in states where they are licensed to offer sports betting. But was that decision the right move for the company to make? Robins explained that it... R…
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