DraftKings to Launch Microbetting Prediction Markets
DraftKings is set to launch microbetting on its prediction market platform.
DraftKings is set to launch microbetting on its prediction market platform.
A U.S. Senate subcommittee held a highly anticipated hearing Wednesday to discuss the impact of legal sports betting, though much of the discussion turned to the rise of prediction markets in the space.
Kalshi has launched a new category of fine art trading, an important step in the evolution of prediction markets.
Another busy week in the prediction market has closed, with major players in the space working to bolster their operations and counter pushback against event contracts.
The US financial regulator, the Commodity Futures Trading Commission, has sealed a prediction markets-related Memorandum of Understanding deal with the National Hockey League (NHL). The agreement comes as US pro sports leagues look to prevent insider trading on prediction markets.
The undisputed growth of prediction markets has attracted the attention of South Korean authorities, who will now review the Polymarket platform to determine whether its products violate the local law.
The National Hockey League (NHL) has signed an information-sharing agreement with the U.S. Commodity Futures Trading Commission (CFTC) to help protect the integrity of prediction markets linked to professional hockey.
Thursday’s MoffettNathanson fireside chat with DraftKings CFO Alan Ellingson provided a handful of intriguing insights into the planned next evolution of the U.S. online gaming giant.
After lawmakers passed a bill outlawing prediction markets with a strong majority last week, Minnesota Gov. Tim Walz finally did his bit and signed the draft into law.
In a recent report by Reuters, prediction markets were highlighted once again, and specifically over suspicious trades that could be pointing to insider trading, the practise of obtaining and then using private and non-public information to influence outcomes of real-world events.
Minnesota is a governor’s signature away from becoming the first U.S. jurisdiction to explicitly ban the operation of prediction markets through legislation.
According to a new report from Gaming Compliance International (GCI), unregulated online gambling generated an estimated $5.9 trillion in global wagers in 2025.