DraftKings Predictions for Q1 Earnings
DraftKings does not possess a crystal ball that shows how the CFTC or Supreme Court will settle the long-term future of prediction markets in the United States.
Prediction Markets
Prediction Markets Weekly: Kalshi and JPMorgan in the Spotlight
The prediction market sector got off to a hot start in May. Each Friday at SBC Americas, we highlight some of the biggest headlines and stories you may have missed involving prediction markets.
Flutter Increases Prediction Market Investment Amid Q1 Profit Decline
Flutter Entertainment is raising its investment in prediction markets and doubling down on expansion in Brazil, even as first-quarter profit fell sharply and the betting group lowered its full-year earnings forecast amid mounting costs in the United States.
Polymarket Promo Code Offers $20 for 76ers vs. Knicks Prediction
The post Polymarket Promo Code HANDLE: Issues $20 for 76ers vs. Knicks Prediction
Senate sports betting hearing on integrity concerns
A U.S. Senate subcommittee plans to discuss the integrity of sports betting and prediction markets, marking another Congressional hearing related to gaming amid scandals and pending legislation.
Minnesota Moves Closer to Banning Prediction Markets & Sweepstakes
Two bills are advancing in Minnesota that would prohibit sweepstakes casinos and prediction markets on a wide range of events, including sports.
Minnesota Senate Passes Ban on Prediction Markets
The Minnesota Senate voted to ban prediction market platforms from operating in the state.
Ohio Bill to Regulate Prediction Markets
Ohio lawmakers are considering regulating prediction markets to allow them to obtain sports betting licenses.
Coalition for Prediction Markets Addresses CFTC on Swaps Definition
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.
Brazil Issues Public Warning on Prediction Markets' Illegal Status
Brazil’s PT government has launched a new campaign which has warned the public that “betting will never be an investment or income”.