Prediction Markets

Stay up to date with the latest prediction markets news, trends and developments. Explore coverage of prediction market platforms, event contracts, sports prediction markets, regulation, market growth and the evolving relationship between prediction markets and the betting industry.

Fanatics logo as the company acquires a prediction market exchange.

Fanatics acquires its own CFTC-approved prediction market exchange

Fanatics is bringing its prediction market technology in-house by acquiring a trading exchange and clearinghouse that is registered with the Commodity Futures Trading Commission...
insider trading

Pennsylvania bill to ban prediction market insider trading features daily $1M penalty

Two dozen Pennsylvania state representatives are endorsing the latest legislative effort to ban insider trading on prediction markets following high-profile cases alleging ill-gotten profits.House...
Prediction Markets Weekly banner image

Prediction Markets Weekly: Netflix documentary sparks Kalshi pushback

This week has been busier than most in the world of prediction markets, from the CLARITY Act to the World Lottery Association's warning to...
A person playing a video game

ProphetX to offer sports prediction markets to Players’ Lounge gamers

As it continues to rapidly ramp up its sports-focused prediction markets approach, ProphetX has partnered with skill-based gaming platform Players' Lounge to launch event...
U.S. President Donald Trump dances on stage

Senators urge sports, casino prediction markets ban in CLARITY Act bill

A dozen Democratic Senators are imploring members of two key committees to ban "prediction contracts that resemble sports bets or casino-style gaming products" in...
A branding sign for Crypto.com

Crypto.com’s OG sues Washington state after Kalshi injunction

Two days after a Washington state court judge issued a preliminary injunction against Kalshi to stop the prediction market platform from offering sports event...
A California Lottery terminal

Treat prediction markets as gambling, lottery associations urge

The swell of gaming-style prediction market contracts is catching the attention of lotteries around the world, as two prominent trade associations are urging legislators...
The U.S. Capitol building

CFTC ‘extraordinary’ order to Kalshi highlights Congressional hearing

At a Congressional hearing on Tuesday, two former Commodity Futures Trading Commission (CFTC) counsels agreed that the commission took an "extraordinary" and unprecedented step...
Seattle, Washington, where Kalshi has suffered a court loss

Washington state latest to win preliminary injunction against Kalshi

A Washington court judge granted state officials a preliminary injunction against Kalshi on Monday, the latest court win for state authorities versus the prediction...
A person unclipping a leash from their dog

Underdog unleashes in-house prediction market exchange with sports focus

Underdog was one of the first gaming operators to begin offering access to prediction markets trading on its platform. Almost a year later, it...

Event News

SBC Summit Europe Amsterdam announcement

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 Summit Lisbon

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...
Snoop Dogg revealed as SBC Summit 2027 headliner

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

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...