Survey finds 75% of Americans view prediction markets as gambling
The reported public view and opposition to several types of betting inform the debate over prediction market oversight.
The reported public view and opposition to several types of betting inform the debate over prediction market oversight.
Ganime’s assessment points to concerns over how the prohibition affects operators’ existing contracts with football clubs and broadcasters.
Macquarie’s reduced prediction market volume forecast still implies growth of 8.5 times last year’s volume.
Prediction market operators face voter opposition to election betting across both Democratic and Republican voters.
Las Vegas Sands will prioritise its core business and international growth, including Macau, while ruling out prediction markets.
The proposed approach could shape how gambling rules and safeguards apply to prediction-market products across European jurisdictions.
The poll gives investors divided expectations for DraftKings and Flutter, including adaptation, displacement and consolidation with prediction markets.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
Gaming operators can factor the report’s projected annual revenue losses into their assessment of prediction markets.
Sands remains committed to Macau despite slowing gaming revenue, while ruling out expansion into prediction markets.
Operators could face separate state disputes over sports event contracts if Supreme Court review leaves conflicting appeals decisions unresolved.
The case could determine whether prediction markets must meet state gambling requirements when competing with licensed sportsbooks.
Acquisition
ARK Invest’s purchase backs Kalshi’s US prediction market business through three actively managed ETFs.
Licence
The licence could increase FanDuel’s control over its prediction market business without authorising it to operate its own designated exchange.
Acquisition
Bank of America’s upgrade highlights potentially bottoming earnings expectations and reduced prediction market cannibalisation risk for DraftKings investors.
The NFL’s request supports state regulation of prediction markets and challenges federal treatment of sports-linked contracts.
Conflicting state rulings underpin calls for Supreme Court intervention in New Jersey’s prediction-market appeal involving Kalshi.
The dispute could determine whether sports prediction market operators must comply with state gambling laws or federal oversight.
IG Group says it is prepared for a potential adverse Supreme Court ruling on sports event contracts.
Shtun identifies people who avoid traditional betting as potential customers for prediction market products.
The proposed acquisition could diversify IG Group’s revenue beyond its UK and CFD focus if completed.
The appeal concerns whether Polymarket’s prediction markets fall under Dutch gambling rules.
The annulment highlights how inspection-based gaming-revenue estimates can be challenged in tax assessments.
Licence
Operators cannot currently apply for a licence to open a new gaming arcade in Gouda.
The reported acquisition and conversion figures offer operators and suppliers data on a Prediction Markets marketing channel.