TLDR CFTC Chairman Michael Selig scrapped a 2024 proposal that would have banned sports and political event contracts Selig launched “Project Crypto” with the SEC to create joint rules and a shared crypto-asset taxonomy The CFTC is claiming exclusive federal…
TLDR Kalshi has partnered with XP International to launch regulated prediction markets…
TLDR Polymarket is partnering with Palantir (PLTR) and TWG AI to build…
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Prediction Market Funding Talks: What We Know About Polymarket and Kalshi’s $20B Plans
TLDR Polymarket and Kalshi are each in early talks to raise new…
Prediction Markets
TLDR CFTC Chairman Michael Selig scrapped a 2024 proposal that would have…
TLDR Kalshi has partnered with XP International to launch regulated prediction markets…
TLDR Polymarket is partnering with Palantir (PLTR) and TWG AI to build…
TLDR Benchmark reiterated a Buy rating on DKNG with a $29 price…
TLDR Polymarket has acquired Dome, a Y Combinator-backed startup building a unified…
TLDR The Trump administration’s CFTC is backing prediction markets Kalshi and Polymarket…
Novig Raises $75 Million to Take On Kalshi and Polymarket in Sports Prediction Markets
TLDR Novig raised $75M in a Series B round led by Pantera…
DraftKings (DKNG) Stock: Director Buys $2 Million in Shares as Wall Street Cuts Targets
TLDR Director Harry Sloan bought 100,000 DraftKings shares for ~$2.19 million at…
Regulation
View MoreKalshi Wins Tennessee Court Ruling as Prediction Market Legal Battle Spreads Across States
TLDR A federal judge in Tennessee granted Kalshi a preliminary injunction, blocking state officials from enforcing local sports betting laws against it. Judge Trauger…
Industry
DraftKings Launches Super App to Combine Sports Betting & Prediction Markets Nationwide
TLDR DraftKings announced a “Super App” that combines sports betting, prediction markets, casino, and lottery gaming in one mobile platform The app will launch…
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Finance
TLDR MarketBeat flagged seven casino stocks with the highest dollar trading volume, including DraftKings, MGM, and PENN Entertainment DraftKings analysts see roughly 30% upside potential tied to its prediction markets launch MGM posted record revenue of…