The Seminole Tribe of Florida has sued DraftKings over the company’s launch of prediction markets. The tribe said the company is illegally offering sports betting products in a state where...
The prediction market industry is no longer just fighting its battles in court. As companies such as Kalshi and Polymarket face increasing pressure from state governments, they are spending millions...
The prediction market battle is moving into another state, and this time Missouri is putting multiple major operators to the test. Missouri Attorney General Catherine Hanaway has issued cease-and-desist letters...
Prediction markets have gone from a relatively niche corner of the internet to one of the fastest-growing areas of online trading. Kalshi and Polymarket have attracted billions of dollars in...
The San Francisco Giants may have found out just how quickly a prediction market partnership can become a public relations problem. The Giants recently became one of five MLB teams...