Moon Intelligence appointed Stephen Shaw as chief operations officer and Enda Kendrick as chief customer officer on 19 November 2025, saying it aims to expand in US prediction markets. The company said the appointments support its plans to bring its market-making model to the sector.
The appointments support Moon Intelligence’s stated plan to expand its prediction-markets activity in the USA.
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US President Donald Trump plans to meet prediction market and cryptocurrency company executives at the White House on 19 August, citing Bloomberg. Expected attendees include executives from Polymarket and Kalshi, alongside Commodity Futures Trading Commission chairman Michael Selig.
Nevada sportsbooks handled about $249 million less in wagers in the first five months of 2026 than in the same period of 2025, according to state wagering reports. At a Nevada Gaming Control Board meeting, sportsbook executives said prediction markets may be diverting customers, although Joe Asher said the effect could not be measured precisely; Kalshi maintains it operates lawfully under federal oversight.
Boomer’s Sportsbook CEO Joe Asher and Caesars Digital head Eric Hession discussed prediction markets before Nevada’s Gaming Control Board on 8 July. Asher said their impact could not be quantified, while Hession agreed they were affecting sportsbook profits; the board has asked a court to hold Kalshi in contempt over alleged non-compliance with an order restricting sports betting in Nevada, which Kalshi says it has complied with.
Gaming executives raised concerns about prediction markets at the East Coast Gaming Congress in Atlantic City, according to an analyst's account of the event. PCI Gaming CEO Jay Dorris cited $143 million in suspicious transactions, numbering at least 200,000, over two years. Executives also debated competition with licensed gambling and whether event contracts require different oversight.
Polymarket is reported to be targeting a $20bn valuation in a fundraising. The report links the target to growth in its regulated US business while European authorities tighten rules on prediction markets.