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Introduction DraftKings’ second-quarter financial performance in 2026 painted a complex picture. Despite a notable decrease in profitability, the company’s burgeoning prediction market showed impressive growth.
The CFTC’s Stance on Sportsbook-Style Odds The Commodity Futures Trading Commission (CFTC) has taken a definitive stance against the use of sportsbook-style American odds in
Kalshi Geofencing Deadlines: A New Regulatory Challenge This week, the gambling industry has turned its attention to Kalshi, a notable player in the prediction market
Sam Schwartz: From Investment Banking to Prediction Markets Pioneer Sam Schwartz’s journey from investment banking to becoming a key figure in the prediction markets is
Utah’s Landmark Victory: Federal Court Upholds State Gambling Laws In a groundbreaking decision, Utah has become the first state to secure a final federal judgment
Introduction: Spotlight on Prediction Markets Sportradar, a leader in sports technology, is charting a new path in the gambling industry by focusing heavily on prediction
Introduction: CFTC’s Decision on George Santos The Commodity Futures Trading Commission (CFTC) has ordered former U.S. Representative George Santos to pay a $35,000 fine due
Introduction to Kalshi’s Penny Parlay Kalshi’s penny parlay has become a topic of intense discussion within the regulated gambling industry. Characterized by small-stake bets with
Introduction to Key Gambling Developments This week is shaping up to be significant for the gambling industry, with critical developments in prediction market litigation, major
Legal Challenges in Prediction Markets Prediction markets, a rapidly evolving financial and gaming segment, have confronted numerous legal hurdles this past week. The industry, often
CFTC Proposes New Market Maker Rules The Commodity Futures Trading Commission (CFTC) has proposed a significant change in its regulations concerning market maker ownership. This
New York Targets Kalshi in Gambling Lawsuit The ongoing legal battle between New York State and prediction market platform Kalshi underscores the complex regulatory environment