Michael Selig, chair of the Commodity Futures Trading Commission (CFTC), recently withdrew a pending rulemaking on prediction markets, opening the door for exclusive jursidiction by the CFTC. His ...
Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question. By Ian ...
After an analyst found that users are losing money faster on sites like Polymarket than on traditional sports gambling platforms, the US’s largest prediction market Kalshi hit back with a decidedly ...
There’s no legal sports betting in California, though Super Bowl-sized loopholes — in the form of new “prediction market” platforms — are allowing anyone across America to wager on games anyway.
The top two teams in the Western Conference will meet on Wednesday's NBA schedule as the Oklahoma City Thunder visit the San Antonio Spurs. The Thunder (40-11) are 18-6 on the road and are coming off ...
The U.S. government is formally reversing its previous stance on banning certain activities at prediction market firms such as Kalshi and Polymarket, with U.S. Commodity Futures Trading Commission ...
Two teams going in opposite directions will meet as part of Tuesday's NBA schedule as the Boston Celtics visit the Dallas Mavericks. The Celtics (31-18) have won three of their last four, including a ...
Crypto.com CEO Kris Marszalek said the firm saw roughly 40-fold week-over-week growth in its event contracts business over the past six months. The news comes as prediction market rivals Kalshi and ...
The cold front will continue! New York City’s resident groundhog, Staten Island Chuck, saw his shadow early Monday — meaning six more weeks of dreaded wintry weather. The famed prognosticating rodent ...
Two teams currently residing inside the West’s play-in picture collide tonight, when the Los Angeles Clippers visit the Phoenix Suns. With both sides ranked inside the Top 9 in scoring defense, the ...
Punxsutawney Phil, the groundhog weather icon, saw his shadow when he was plucked from his warm burrow and thrust out into the frigid air Monday morning. According to Phil, that means six more weeks ...
As if an SEC game between Alabama and defending national champion Florida needed any more heat, the two coaches found it. The Tide and Gators are both ranked and looking to move up in the league ...