Matchbook has partnered with ADI PredictStreet to bring regulated prediction markets to major jurisdictions – it could be a game-changer. We spoke exclusively to company insiders. Matchbook has partnered with ADI PredictStreet to bring regulated prediction markets to major jurisdictions – it could be a game-changer We spoke exclusively to company insiders. Prediction markets are…
Rules governing prediction markets in Gibraltar distinguish the exchanges from gambling and do not allow self-certification. Rules governing prediction markets in Gibraltar distinguish the exchanges from gambling and do not allow self-certification. Gibraltar took its next step toward becoming a validating force in Europe’s fledgling licensed prediction market industry with the release of its first…
Judges repeatedly challenged Kalshi's attempt to distinguish its sports-event contracts from conventional wagers as California tribes seek to revive their bid for an injunction. Judges repeatedly challenged Kalshi's attempt to distinguish its sports-event contracts from conventional wagers as California tribes seek to revive their bid for an injunction. A Ninth Circuit panel repeatedly compared Kalshi‘s…
Alberta's iGaming debut, escalating prediction market disputes and a key IRS hearing set the stage for another consequential week for the gambling industry. Alberta's iGaming debut, escalating prediction market disputes and a key IRS hearing set the stage for another consequential week for the gambling industry. This week in the gambling industry is highlighted by…
Video from 2024 comes to light as FanDuel, DraftKings face Pennsylvania lawsuit Video from 2024 comes to light as FanDuel, DraftKings face Pennsylvania lawsuit The big news in sports betting Thursday was an article that appeared in The Philadelphia Inquirer revealing Phillies star Bryce Harper recorded a video for a FanDuel VIP bettor who has…
Illegal online gambling surfaced repeatedly during Interpol's latest global anti-fraud operation, which resulted in 5,811 arrests and nearly $300 million in seized assets across 97 countries. Illegal online gambling surfaced repeatedly during Interpol's latest global anti-fraud operation, which resulted in 5,811 arrests and nearly $300 million in seized assets across 97 countries. Interpol’s latest global…
Some of North America's biggest betting brands are preparing to enter Alberta as the province launches its long-awaited regulated online gambling market on July 13. Some of North America's biggest betting brands are preparing to enter Alberta as the province launches its long-awaited regulated online gambling market on July 13. Alberta’s regulated online gambling market…
Kalshi's loss in New York, new taxes, record trading volumes and fresh policy initiatives marked another eventful week for prediction markets. Kalshi's loss in New York, new taxes, record trading volumes and fresh policy initiatives marked another eventful week for prediction markets. A federal court’s rejection of Kalshi‘s preemption arguments in New York became the…
The inquiry marks a new turn in the Brendan Sorsby saga. It shifts attention to whether Cincinnati knew about his gambling activity while he was with the program. The inquiry marks a new turn in the Brendan Sorsby saga. It shifts attention to whether Cincinnati knew about his gambling activity while he was with the…
Despite reports of a potentially higher offer from Carl Icahn, Caesars shares continue to trade below Tilman Fertitta's bid, suggesting investors remain skeptical of a competing takeover. Despite reports of a potentially higher offer from Carl Icahn, Caesars shares continue to trade below Tilman Fertitta's bid, suggesting investors remain skeptical of a competing takeover. Carl…
