The National Football League (NFL) has advised all players and staff in the game that it considers trading on sports event contracts to be sports betting. It is a move that will have raised a few eyebrows among executives at Kalshi and Robinhood, the two event contract platforms that offer such services. Both are presently […] The post NFL Declares That Prediction Market Sport Contracts Count As Betting appeared first on Gambling Industry News.| Regulation Archives - Gambling Industry News
There has been a big play in the prediction market arena with the news that Donald Trump Jr. has joined the board of Polymarket as an advisor. The move followed a ‘multi-million dollar’ investment in the company by 1789 Capital, where Trump Jr. is a partner with a focus on new investment, capital raising and […] The post 1789 Capital Invests In Polymarket With Donald Trump Jr. Joining Advisory Board appeared first on Gambling Industry News.| USA Casino & Gambling Industry News Archives - Gambling Industry News
FanDuel has become the first of the big-name sportsbooks in the US to take a step into the world of prediction markets. The popular sports betting app has announced a partnership with derivatives marketplace CME Group, which will see the launch of a new platform for events contracts. The joint venture will operate as a […] The post FanDuel Enters Prediction Markets Arena With CME Group Partnership appeared first on Gambling Industry News.| USA Casino & Gambling Industry News Archives - Gambling Industry News
The lines between the gamification of money and the monetization of gaming are increasingly blurring. At the heart of this blurring lies a fundamental| PYMNTS.com
Since first launching prediction markets at the end of last year there have been more than 2 billion contracts traded The post Robinhood Launches Pro and College Football Prediction Markets appeared first on Robinhood Newsroom.| Robinhood Newsroom
Rounds of funding for prediction market sites Kalshi and Polymarket value the two platforms at $2 billion and $1 billion, respectively.| Gambling Industry News
Thanks to Jesse Richardson for discussion. Polymarket asks: will Jesus Christ return in 2025? In the three days since the market opened, traders have wagered over $100,000 on this question. The market traded as high as 5%, and is now stably trading at 3%. Right now, if you wanted to, you could place a bet … Continue reading Will Jesus Christ return in an election year?→| Unexpected Values
I spent most of my election day — 3pm to 11pm Pacific time — trading on Manifold Markets. That went about as well as it could have gone. I doubled the money I was trading with, jumping to 10th place on Manifold’s all-time leaderboard. Spending my time trading instead of just nervously watching results come … Continue reading Seven lessons I didn’t learn from election day→| Unexpected Values
Last night was a big win for Trump, but it was also a big win for prediction markets. In January 2024, I suggested that one of the best ways to follow the election was by following prediction marke…| Economist Writing Every Day
Loading the Elevenlabs Text to Speech AudioNative Player... "Is Biden fit for office? Was the Trump assassination attempt staged?". As these sensational headlines flood social media feeds, millions of Americans struggle to separate fact from fiction. In an age where algorithms amplify the most engaging—often the most outrageous—content,| Kleros