CFTC Collaborates with MLB and Top US Sports Leagues to Prevent
The Commodity Futures Trading Commission (CFTC) is partnering with Major League Baseball and other sports leagues to combat insider trading on prediction markets.
The Commodity Futures Trading Commission (CFTC) is partnering with Major League Baseball and other sports leagues to combat insider trading on prediction markets.
Minnesota lawmakers approved legislation on Tuesday that would ban prediction market operations in the state, potentially making it the first explicit state-level prohibition on the fast-growing industry and setting up a legal clash over federal authority.
The N1 Partners team has launched a new Prediction Markets vertical on the N1 Bet product.
The American Gaming Association (AGA) expressed concerns over the impact of prediction markets on U.S. commercial gaming in their recent industry report.
Staff working on political campaigns are using data they receive from polls to wager on prediction markets and win thousands of dollars.
Saturday’s NBA Playoffs schedule features two major Game 3 matchups, beginning with Pistons vs. Cavs at 3 p.m. ET on NBC, followed by Thunder vs. Lakers at 8:30 p.m. ET on ABC.
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.
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 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.
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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.
Two bills are advancing in Minnesota that would prohibit sweepstakes casinos and prediction markets on a wide range of events, including sports.