Polymarket targets $20bn valuation amid European prediction market crackdown
A reported $20bn valuation target offers investors a benchmark amid tightening European prediction market rules.
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Reports
Genius Sports chief explains new prediction-market partnerships
The deals show official data underpins Genius Sports' prediction-market strategy, relevant to suppliers and operators.
Results
DraftKings misses second-quarter revenue and earnings expectations
DraftKings fell short of revenue and earnings expectations while its prediction-market business grew.
Polymarket becomes ATP Tour's official prediction market provider
The tie-up gives Polymarket a foothold in licensed sports content in the US, where prediction markets face growing regulatory scrutiny.
Schneider says Wire Act should lead prediction markets debate
Schneider argues the Wire Act should be central to prediction markets discussion, shaping regulatory-risk assessment.
FanDuel moves sports event contracts to Crypto.com as CME keeps financial derivatives
The switch moves FanDuel's prediction-market distribution to a crypto exchange while leaving CME with financial contracts, reshaping supplier relationships in the sector.
Novig launches CFTC-regulated sports prediction market in 47 states
The launch adds a federally regulated exchange to the US sports prediction market, giving operators and investors a new licensed competitor across 47 states.
Federal judge permits Utah gambling-law enforcement against prediction markets
A federal judge ruled Utah can enforce its gambling laws against platforms including Kalshi and Polymarket.
Survey finds over half of prediction traders used borrowed money
A survey found more than half of respondents traded on prediction markets using borrowed money.
FGS Global survey finds most US sports fans shun prediction markets
The findings suggest prediction markets have yet to draw most US sports fans, a signal for operators and suppliers weighing entry into event contracts.
Sportradar says prediction-market deals to lift revenue from 2027
Sportradar's timeline shows prediction-market revenue depends on US regulation and league approvals, affecting supplier growth forecasts.
CFTC chair warns against state-level prediction-market rules
The CFTC chairman said state regulation of prediction markets would undermine federal market integrity.
Russia's Federal Antimonopoly Service sanctions Fonbet over Pirlo advertising
The action adds a second jurisdiction to advertising enforcement against Fonbet, exposing operators using celebrity endorsements to sanction risk in Russia and Italy.
Kalshi executive criticises New York lawsuit and defends regulation record
A Kalshi executive said the product is heavily regulated while discussing the New York lawsuit and integrity work.
Novig launches nationwide sports prediction market under CFTC oversight
The launch adds a federally regulated sports prediction venue to the US market, expanding competition for operators and suppliers.
Genius Sports agrees data and integrity deals with Kalshi and Polymarket
The deals give Genius Sports official settlement data and integrity services roles with two prediction market exchanges.
US senators urge CFTC to restrict wildfire event contracts
The request presses the CFTC to set limits on wildfire contracts offered by prediction-market platforms.
Tribal leaders urge Congress to protect gaming authority from prediction markets
Regulators and operators should note tribal representatives asking Congress to restrict sports prediction markets as bypassing safeguards.
Novig sues New York following prediction-market launch
The lawsuit shows operators that prediction-market launches may face state legal challenges.
Novig sues New York as sports trading platform launches nationwide
Operators should note Novig sued to pre-empt enforcement like New York's actions against other prediction-market operators.
Genius Sports agrees prediction-market partnerships with Polymarket and Kalshi
The agreements add two prediction-market partners for Genius Sports, following similar Sportradar partnerships.
Mexico City deputy proposes federal gambling safeguards
The proposal would impose health warnings, identity checks, advertising restrictions and prediction-contract prohibitions on Mexican gambling.
Polymarket secures ATP Tour prediction market rights
The agreement gives Polymarket exclusive prediction-market streaming rights, supported by official match data and odds.
Novig launches nationwide US sports prediction platform
CFTC designation as a contract market enabled Novig to launch its sports prediction platform nationwide across the US.
Novig launches prediction market platform across the United States
Novig’s launch as a CFTC-registered designated contract market makes its event contracts available nationwide to eligible users.