Federal Court Sends Massachusetts Case Against Kalshi Back To State Court
The ruling is a legal setback for the prediction market. Roundup: Polymarket's US launch is just weeks away, per Bloomberg.| Event Horizon
The ruling is a legal setback for the prediction market. Roundup: Polymarket's US launch is just weeks away, per Bloomberg.| Event Horizon
The deal will apparently allow for sports betting embedded on the social media platform.| nexteventhorizon.substack.com
It's the fifth known state to tell gaming licensees that offering prediction markets could impact their suitability.| nexteventhorizon.substack.com
Roundup: CFTC has a new nominee for chairman; The Atlantic digs into the legality of sports betting via prediction markets in 50 states.| nexteventhorizon.substack.com
And more news: Trump picks a new nominee to lead the Commodity Futures Trading Commission.| Event Horizon
Plus the Closing Bell roundup: Polymarket confirms token and airdrop are coming; analysts maintain buy rating on DraftKings after Railbird acquisition.| Event Horizon
Prediction markets roundup: Front Office Sports reported on the price DraftKings paid for Railbird; how is Kalshi's international launch going?| Event Horizon
Breaking down the NHL's deals with Kalshi and Polymarket, and DraftKings' entrance into the prediction markets industry.| Event Horizon
Roundup: Limitless raises $10 million; Underdog plans to lay off risk with prediction markets; you can trade on the Louvre heist.| Event Horizon
Roundup: Robinhood plans to launch 100 new prediction markets; analyst notes Kalshi is mostly making in-roads in states without regulated sports betting.| Event Horizon
Kalshi had some technical issues during a busy college football Saturday, causing some users to have their trades filled while they were unable to access the platform to cancel them.| Event Horizon
Cryptocurrency exchange Kraken announced Thursday it bought Small Exchange, a designated contract market licensed by the Commodity Futures Trading Commission, from IG Group for $100 million.| Event Horizon
Roundup: Kalshi files opening brief in Maryland appeal; Polymarket launches markets for stock prices; Kalshi had a slow Wednesday.| Event Horizon
Roundup: Metamask is integrating Polymarket; Kalshi volume was down this weekend; you can bet on the next football coach at Penn State at Kalshi| Event Horizon
Roundup: Robinhood eyes M&A in prediction markets| Event Horizon
Roundup: Polymarket token is coming, but after US launch; where exactly can you use Kalshi after its international expansion last week?| Event Horizon
Kalshi had some issues with two NBA preseason games, resolving the markets before they ended while also determining that the wrong team won.| Event Horizon
Kalshi is launching internationally and just raised $300M at a $5B valuation after Polymarket's raise and valuation in a deal with NYSE's owner earlier this week.| Event Horizon
Roundup: The latest on prediction markets from G2E; Bloomberg says Polymarket CEO Shayne Coplan is the youngest self-made billionaire.| Event Horizon
Add another state to the list where Kalshi is involved in a lawsuit about whether its prediction market offerings constitute illegal sports betting.| Event Horizon
Roundup: Former NFL player placed a big bet on Monday night game at Polymarket| Event Horizon
Listen now | Roundup: NYT's Upshot tackles prediction markets as sports betting; short-seller targets DraftKings on growth of Kalshi.| Event Horizon
Prediction markets roundup: Could Polymarket launch today, or before the weekend? And will Kalshi be on every crypto app within a year?| nexteventhorizon.substack.com
A newsletter about the nascent prediction markets industry, including news, analysis and legal insights at Kalshi, Polymarket, PredictIt and beyond. Click to read Event Horizon, by Dustin Gouker, a Substack publication with thousands of subscribers.| nexteventhorizon.substack.com
The prediction market platform is also targeting Georgia, Florida, Ohio, Minnesota, and Washington. Roundup: Arizona sent a letter to operators warning them about offering sports event contracts.| nexteventhorizon.substack.com
