Truth Social announced a partnership with Crypto.com to offer its Truth Predict product. The company said users will be able to trade on event contracts offered through Crypto Derivatives North America, including markets on politics, economics, finance and sports; the announcement described access as federally compliant.
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The Michigan Gaming Control Board said it partnered with Gamban to offer Michigan residents a free licence for the gambling-blocking service. Residents can claim access for up to five years, and Gamban said its app will direct users to support services available in the state.
Galaxy Gaming said it has agreed a content partnership with Ruby Seven Studios. Ruby Seven will develop, publish, market and distribute digital social casino versions of Galaxy Gaming table games through its apps and partner-operated platforms.
DraftKings chief executive Jason Robins said the company will not offer prediction markets in states where it holds sports-betting licences. Robins told the Next Predict Summit in New York that the approach protects its gaming licences and leaves it well placed whatever courts decide on sports event contracts.
DraftKings will not offer prediction markets in states where it holds sports-betting licences, chief executive Jason Robins said at the Next Predict Summit in New York. Robins said the approach protects the company's gaming licences and leaves it positioned for either outcome in litigation over sports event contracts.
Blockchain.com announced it has applied to the CFTC for Futures Commission Merchant and Designated Contract Market licences in the US. The company said the applications are a step towards bringing prediction markets and regulated trading to US users; it manages perpetual futures and event contracts for international clients. Separately, an IPO valued at $4 billion to $6 billion, with a reported $500 million raise, is reportedly in preparation.
Blockchain.com has filed applications with the Commodity Futures Trading Commission (CFTC) for Futures Commission Merchant (FCM) and Designated Contract Market (DCM) licences, the company announced. The Dallas-based company said the filings are intended to support offering prediction markets and regulated trading to users in the United States. The applications are pending before the regulator.
The NBA announced partnerships with Kalshi and Polymarket on 26 October, alongside an agreement with the CFTC to develop a framework for NBA-related prediction markets. It also expanded its DraftKings deal to cover sports event contracts nationwide, while the league and regulator said they would share information to support integrity and oversight.