Novig relaunches as prediction markets platform in 47 states
Novig completed its latest transformation on Tuesday, this time to a sports-focused prediction market platform by launching its federally regulated exchange across the U.S.Around...
George Santos trades $35,000 to end CFTC probe into Kalshi activity
Former Congressman George Santos agreed to a fine of more than $35,000 to settle allegations that he illegally profited from gaming a Kalshi market...
Kalshi faces stunning $36 billion suit from New York AG James
Ohio regulators captured industry attention in April when they announced plans to fine Kalshi $5 million for "conducting sports gaming without a license." On...
How Underdog went from DFS startup to $1.3B prediction markets acquisition
Timing and agility dictate the success of most mergers and acquisitions, as Underdog Sports showed clearly in selling Thursday to IG Group for $1.3bn.After...
Is Kalshi in trouble after oral arguments at Sixth Circuit court?
A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states...
Prediction Markets Weekly: Appeals judge clears New York to pursue Kalshi
This week in prediction markets saw more litigation updates than most weeks, with significant court updates from Nevada, Minnesota, Wisconsin, and more, as well...
Rush Street Interactive: prediction markets filing just contingency plan
Rush Street Interactive's CEO confirmed Wednesday that the company applied for designated contract market (DCM) registration with the Commodity Futures Trading Commission (CFTC).However, Richard...
CFTC denied preliminary injunction in Wisconsin, judge says case ‘makes no sense’
The Commodity Futures Trading Commission (CFTC) failed in its initial attempt to block Wisconsin's efforts to shut down prediction market platforms in the state.The...
Minnesota prediction markets injunction: 3 key takeaways from order
Friday's preliminary injunction barring Minnesota from implementing its unique law banning all prediction markets chalks another tally for Kalshi, Polymarket and the Commodity Futures...
Why Kalshi finally gave up its fight to stay in Nevada
Kalshi agreed Friday to fully shut down its operations in Nevada after admitting that people in the state were still able to access its...
Event News
SBC Summit Europe builds on Amsterdam move with regulated markets focus
SBC Summit Europe will bring together the businesses, regulators and policymakers shaping the future of regulated gambling across the continent when it takes place...
SBC signs long-term agreement to keep SBC Summit in Lisbon until 2030
SBC has signed a new long-term agreement confirming Lisbon as the host city of SBC Summit through 2030, formalizing the company’s commitment to the...
SBC Summit Live Blog: Snoop Dogg reveal highlights final day
LISBON, Portugal — We’re back to wrap up SBC Summit on the third and final day of the biggest show in in the industry....
SBC Summit Live Blog: Michael Jordan leads Day 1 in Lisbon
LISBON, Portugal -- Welcome to SBC Summit, the biggest show in town headlined by the biggest name in sports, Michael Jordan.SBC Americas Editor Adam...