Financial Giants Implement Stricter Policies on Prediction Markets
Major financial institutions like Goldman Sachs and Morgan Stanley are introducing new internal rules to govern employee participation in prediction markets, citing…
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Soldier Accused of Insider Trading on Maduro Capture Seeks Dismissal of CFTC Case
A U.S. Army Special Forces soldier embroiled in a case involving alleged insider trading on prediction market contracts related to Venezuelan leader…
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Federal Judge Denies Kalshi Preliminary Injunction in New York
A federal judge has ruled against Kalshi's request for a preliminary injunction in New York, siding with the state's argument that prediction…
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Prediction Markets Poised for Massive Growth, ARK Investment Management Predicts
ARK Investment Management forecasts a tenfold increase in prediction market volume, potentially reaching $5 trillion within five years, driven by mainstream adoption…
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Prediction Markets Weekly: MLBPA Seeks Prop Contract Ban Amidst Regulatory Shifts
The latest Prediction Markets Weekly roundup highlights the MLB Players Association's call to ban player prop contracts, alongside regulatory actions by the…
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New Mexico Tribes Sue Prediction Market, Seek Online Sports Betting Rights
Four New Mexico tribes are taking legal action against online prediction market Kalshi, alleging violations of federal and tribal gaming laws. They…
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Meta Explores Prediction Market Entry with “Arena” App
Social media giant Meta is reportedly developing a new prediction market application, codenamed "Arena," signaling a renewed interest in the sector despite…
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Americans Favor Sports Betting Over Political Prediction Markets, Poll Reveals
A new survey indicates a significant public preference for sports-related prediction markets over those focused on political outcomes, highlighting a growing divide…
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Former CFTC Official Questions Legitimacy of Sports Event Contracts
Dan Berkovitz, a former CFTC commissioner, is scrutinizing whether sports-linked event contracts qualify as legitimate financial instruments, raising questions about their economic…
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iGaming Industry Faces Regulatory Hurdles Amidst Continued Market Expansion
A new report from NyesteCasino.com highlights how online gambling operators are balancing increasing regulatory scrutiny with aggressive growth strategies, particularly in the…
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