JPMorgan initiates Genius Sports coverage with USD8 target on prediction market potential
JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
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Reports
Prediction markets record USD8.5bn weekend volume during NFL Week 3
Sports and combo markets generated 86% of Sunday volume, highlighting their importance to prediction market operators.
Stock-linked prediction markets draw US scrutiny over regulatory jurisdiction
Polymarket and Kalshi face unresolved oversight questions as experts warn stock-linked contracts could affect share trading and complicate enforcement.
DraftKings considers more prediction market investment as shares fall nearly 22%
DraftKings is considering more prediction market investment as investors face a nearly 22% monthly share decline.
Prosecutors indict Las Vegas gambler over alleged illegal betting after arrest
Roberts’ indictment concerns allegedly continued wagering after arrest, including bets from an undercover investigator, highlighting the case for regulators.
ADM rules require predictive-risk tools for online gambling concessionaires
Online concessionaires face a stated compliance obligation and potential financial penalties for breaches.
CFTC seeks White House approval for two gambling and prediction market rules
Prediction market operators face proposed rules intended to secure CFTC authority over their sector.
European Lotteries urges harmonised rules for prediction markets
A coordinated framework could reduce fragmented oversight by assessing prediction products by legal features and risks.
Germany’s addiction commissioner calls for stronger action against illegal gambling
Proposed enforcement and criminal-law changes could affect how gambling operators are regulated and illegal offerings pursued.
Kalshi supplies prediction market data for CBS News midterm coverage
The agreement adds Kalshi’s election-market data to CBS News coverage and extends the operator’s media partnerships.
Prediction markets dominate G2E debate in Las Vegas
The dispute pits state gambling enforcement against the CFTC’s claim of exclusive jurisdiction over sports-event contracts.
Responsible-gambling advocates question prediction-market language at G2E
The reported relapses raise concerns about prediction-market use among people who have excluded themselves from legal gambling platforms.
Hendrik Streeck calls for stronger player protection and action against illegal operators
Germany's federal addiction commissioner has called for stronger player protection and action against illegal gambling operators.
NWGB runs responsible gambling campaign in Moses Kotane
The campaign signals continued provincial enforcement focus on unlicensed operators and self-exclusion uptake in North West gambling communities.
Gaming industry groups unite against prediction markets at G2E
Casinos, tribes, organised labour and lawmakers share opposition to prediction markets, bringing multiple stakeholder groups into alignment.
CFTC proposes rules on casino-style gambling and event contracts
The proposals could affect how prediction-market sports contracts are treated amid disputes between operators and state gambling authorities.
Tribal leaders and AGA coordinate opposition to US prediction markets
Tribal leaders and the AGA are coordinating against prediction markets as a California coalition prepares for possible sports betting changes.
CFTC submits proposals on casino games and event contracts for review
The proposals could shape whether CFTC-regulated prediction markets offer casino-style products or sports-related event contracts.
Kalshi, Polymarket and allies spend at least $3m amid US jurisdiction dispute
The US jurisdiction dispute comes alongside at least $3m in 2026 lobbying and campaign spending by prediction market companies and allies.
Novig reportedly targets $2bn valuation in planned funding round
The reported valuation target may inform investor assessments of funding in sports prediction markets.
CFTC proposes two rules on prediction market oversight
The proposals could affect how prediction market event contracts are treated in disputes with state authorities.
Casino executives and AGA intensify criticism of US prediction markets
Prediction markets face increased casino industry criticism alongside mounting scrutiny from courts, Congress and regulators.
MGA chief says Malta must adapt regulation as gaming evolves
Operators and suppliers in Malta face a regulatory discussion spanning AI use and the treatment of prediction markets.
Supreme Court may consider disputes over sports prediction contracts
A ruling could clarify whether states can apply gambling laws to sports event contracts.
Texas Senate committee hears views on prediction-market sports contracts
Any state restrictions could affect prediction-market platforms offering sports contracts in Texas.