U.S. sports betting

DraftKings Broker Application Approved, Moving Towards Prediction Market Launch

DraftKings has gained approval from the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) to function as…

2 months ago

A significant judicial victory for Kalshi prediction markets is overturned by a federal judge in Nevada.

A Nevada ruling exacerbates the nation's courts' increasing disagreement over whether prediction markets are bets or financial products. A crucial…

2 months ago

Chris Christie: Maintain Legal Sports Betting

Major League Baseball and its sportsbook partners confirmed what many of us have long known when they announced prohibitions on…

2 months ago

Johnson Advances the Chicago Sports Betting Tax

Among a number of potential revenue legislations that will further enrage licensed Illinois sportsbooks, Chicago Mayor Brandon Johnson proposed a…

2 months ago

M.L.B. Bans Individual Pitch Bets Following Gambling Charges

Major League Baseball said that its betting industry partners will restrict this particular type of wager, which the league claims…

3 months ago

ProphetX is switching from sweepstakes to prediction markets.

ProphetX believes it has discovered a solution to the rapidly worsening financial issue, and it is wagering that the Commodity…

3 months ago