DraftKings adds Crypto.com sports event contracts to US prediction markets
The partnership expands DraftKings Predictions’ sports contracts and adds a route to further event-contract categories.
The partnership expands DraftKings Predictions’ sports contracts and adds a route to further event-contract categories.
Appointment
Maguire will oversee platform development aimed at sportsbook operators and prediction-market partners.
The proposals could affect government gambling-promotion spending and the design of voluntary self-exclusion measures.
Operators would still face illegal gambling promotions on social media even if advertising by licensed businesses were banned.
The restriction limits NFL players’ potential financial ties to prediction-market operators, while its scope for the players’ union is unresolved.
The reported arrangements would give both prediction-market operators an external liquidity provider in exchange for equity.
Appointment
Maguire’s appointment assigns a named executive responsibility for developing LuckBox’s sports trading platform.
The dispute tests whether prediction-market operators can offer sports contracts without state gambling licences.
Prediction-market operators face potential restrictions in the Netherlands, where political-event betting is prohibited.
The investment brings an active NBA player into a prediction-market company while restricting his access to NBA contracts.
The claims add to debate over consumer protections for skill-game machines in Pennsylvania.
The NFL’s integrity concerns and measured approach may influence how prediction-market platforms engage with sports leagues.
Prediction-market providers could face restrictions on event contracts and substantial daily penalties if the proposal becomes law.
The partnership expands DraftKings Predictions’ sports event-contract offering in states where the product is available.
The dispute challenges comparisons of user losses across prediction markets and traditional sports betting.
Operators considering prediction markets in Great Britain may need a betting intermediary licence and must meet UKGC standards.
Betsson’s stated approach may affect which jurisdictions it serves as it evaluates market entries.
Operators considering Great Britain need to account for the regulator’s stated view that these services may fall within licensing requirements.
The figures show a marked slowdown in China’s lottery growth and differing trends across product categories.
pre-Series A
The funding gives Opinion Labs new capital as it competes in prediction markets outside the US and China.
The Commission’s position signals that UK-facing prediction markets may fall within an existing licensing framework.
The case challenges whether Coinbase can offer event contracts to Nevada residents without state gaming licences.
Appointment
CFTC certification is a condition for OG’s planned margin trading in prediction contracts.
The requested court orders could prevent Coinbase from offering sports event contracts to Nevada residents.
Operators and suppliers may face a new US platform offering sports event contracts and margin trading.