By SectorWire desk ·
The report said a planned Fanatics purchase involving CX Clearinghouse and Water Street Labs. The businesses would broaden its Fanatics Markets offering, which currently uses Crypto.com infrastructure.
The planned acquisition would bring exchange and clearing infrastructure into Fanatics’ prediction-market offering.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
The planned acquisition would give Fanatics infrastructure for its own prediction market exchange.
The purchases would give Fanatics direct ownership of exchange and clearing infrastructure.
The agreement would bring prediction-market exchange and clearing infrastructure into Fanatics.
The acquisition would give Fanatics direct control over additional prediction market infrastructure.
Rubin’s forecast describes potential sportsbook marketing costs amid competition from prediction markets, rather than spending already committed.
Kalshi’s proposed rule would allow financial penalties, suspension or account deactivation for users harassing athletes or third parties over trading.