Fanatics plans to acquire BGC exchange and clearinghouse for prediction markets
The planned acquisition would give Fanatics control of exchange and clearing infrastructure for its prediction-market platform.
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Reports
CFTC issues prediction-market self-certification advisory
Operators should note the CFTC advisory says some platforms were not following core principles when introducing contracts.
tastytrade launches event contracts using Apex infrastructure
Investors should note tastytrade launched CFTC-regulated prediction contracts using Apex Fintech Solutions' clearing infrastructure.
Pennsylvania refers prediction market bill to consumer protection committee
Regulators should note Pennsylvania referred a bill permitting sports event contracts within a regulated prediction market framework to committee.
Acquisition
Fanatics acquires Water Street Labs and CX Clearinghouse
The acquisitions give Fanatics additional exchange and clearing-house assets for its prediction markets business.
Fanatics agrees exchange and clearinghouse purchases from BGC Group
Investors should note Fanatics is acquiring a regulated exchange and clearinghouse from BGC Group for its prediction-market business.
IRS yet to issue prediction market tax guidance for 2026
Absent IRS guidance, prediction market winnings could fall under gambling income, capital gains or Section 1256 treatment.
Acquisition
Fanatics buys Water Street Labs and CX Clearinghouse for prediction markets
The deal gives Fanatics its own exchange and clearing infrastructure, reducing reliance on Crypto.com as it competes in prediction markets.
Acquisition
Fanatics agrees to acquire BGC Group prediction market businesses
The proposed acquisition would give Fanatics ownership of exchange and clearing infrastructure for its prediction market offering.
Flutter falls 4.98% as European gambling stocks end week mixed
Flutter's slide shows investors weighing prediction-market competition against sportsbook guidance, a valuation question for listed operators and suppliers.
Madrid awards €120,000 for youth addiction prevention including gambling
The grant funds prevention activities covering youth online gambling alongside other risks.
Robinhood discusses event contract distribution with Crypto.com
A completed deal would add another contract supplier to Robinhood’s prediction market offering.
Tarik Khan proposes Pennsylvania prediction-market framework
The bill creates a framework for platforms including Kalshi and Polymarket rather than banning them.
ProphetX and Players' Lounge launch sports prediction markets in the US
The partnership adds exchange-based sports contracts to Players' Lounge for eligible users in supported US jurisdictions.
Pennsylvania lawmakers propose prediction-market rules that retain sports contracts
Prediction-market providers may face new state rules, restrictions and penalties if Pennsylvania passes the bill.
Robinhood reportedly discusses adding Crypto.com prediction markets
A deal could add another prediction-market provider to Robinhood's platform, alongside its existing exchange partners.
Fertitta counsel questions Texas legalisation prospects and predicts state oversight
Investors should note Scheinthal doubted Texas legalisation and predicted the Supreme Court would keep prediction markets within state regulation.
Robinhood discusses Crypto.com prediction market integration
Investors should note Robinhood and Crypto.com are discussing bringing Crypto.com event contracts onto Robinhood's platform.
LeBron James decision triggers $273m prediction market repricing
Prediction markets repriced more than $273m in contracts on a single sports decision, showing operators and investors how quickly event-driven liquidity can move.
Netflix premieres prediction markets documentary after $5.6bn World Cup final trading
Prediction markets are drawing large trading volumes on major sports events, a development relevant to operators and regulators weighing their overlap with betting.
Pennsylvania representatives back bill to ban prediction market insider trading
The bill would add civil penalties for insider trading on prediction markets, a market segment drawing regulatory scrutiny in US states.
North American lottery association seeks clarity on sports event contracts
Regulators face pressure from lotteries to clarify rules for sports-related event contracts.
Nevada lawmakers plan federal bill restricting sports-event contracts
Operators face potential federal restrictions on sports event contracts under the planned bipartisan bill.
Las Vegas culinary union backs federal bill to ban sports prediction markets
A federal ban on sports and casino-style prediction-market contracts would remove a trading channel competing with Nevada's licensed sportsbooks and casinos.
Multi-event prediction markets emerge as potential rival to sportsbook accumulators
The format could draw bettors away from accumulators, a core product for sportsbook operators weighing prediction-market competition.