Betting

Senator Murphy Alleges White House Insiders Profited From Iran Strike Bets, Pushes to Ban Prediction Markets on Government Actions

U.S. Senator Chris Murphy (D-Conn.) is calling for legislation to ban prediction markets that allow traders to bet on government actions, after alleging…

2 days ago

Kalshi Makes “Death Rule” Official After Controversial Khamenei Prediction Market

Prediction market platform Kalshi has formally introduced a new “Death Rule” following controversy surrounding a high-profile market tied to the fate of Iran’s Supreme…

5 days ago

Polymarket and Substack Forge Strategic Partnership to Embed Live Prediction Markets in Newsletters

Prediction market platform Polymarket has announced a strategic integration with independent publishing platform Substack, enabling newsletter authors to embed live prediction market data directly into…

2 weeks ago

Polymarket Partners with Circle to Switch to Native USDC for Fully Dollar-Backed Settlements

Polymarket, one of the world’s largest on-chain prediction markets, announced a strategic partnership with Circle Internet Group to transition from bridged USDC (USDC.e) to native…

1 month ago

Polymarket Faces First State-Level Cease-and-Desist From Tennessee, Weeks After US Relaunch

Tennessee's sports betting regulator has issued cease-and-desist letters to three major prediction market platforms, escalating the nationwide clash between state…

2 months ago

Ex-House Speaker Nancy Pelosi, Other Democrats Back Bill to Ban Elected Officials From Political Prediction Market Bets

Thirty Democrats, including former House Speaker Nancy Pelosi, are rallying behind legislation that would block elected officials from waging politically…

2 months ago

Drake Accused of Using STAKE Gambling Platform to Inflate Play Counts of His Music

A new class-action lawsuit filed by two consumers in Virginia accuses music superstar Drake, streamer Adin Ross, and a third man based…

2 months ago

DraftKings Enters Prediction Markets With CFTC-Approved App For Real-World Events

DraftKings has unveiled a new standalone app for real-money prediction markets, becoming the latest major player to enter a field…

3 months ago

Gemini Wins CFTC Approval For Prediction Market, May Expand into Crypto Futures, Options and Perps

Crypto exchange Gemini Space Station, Inc. (ticker GEMI) has been cleared to enter the prediction market arena, having received approval…

3 months ago

Connecticut Halts Robinhood, Crypto.com, and Kalshi for ‘Unlicensed’ Sports Gambling

Connecticut’s Department of Consumer Protection has ordered Robinhood, Crypto.com, and prediction market Kalshi to halt operations over what it has…

3 months ago