Chalky March Madness Slams Sportsbooks but Spares Kalshi
The spending gap between sportsbooks and the new kids on the block—sports prediction markets—shrunk over the past month, while March Madness results continued a sour…
The spending gap between sportsbooks and the new kids on the block—sports prediction markets—shrunk over the past month, while March Madness results continued a sour…
Kalshi has continued its full-throttle response to regulatory action regarding its event futures contracts, which this year expanded to include trading based on…
Massachusetts subpoenaed financial technology company Robinhood last week seeking information about its new sports event futures trading product available in 49 states…
Financial technology company Kalshi says it will increase user guardrails on its platform amid concerns expressed by MLB and other critics about its sports event futures…
Robinhood resumed offering sports event futures contracts this week because it received assurance it wouldn’t suffer a repeat of last month’s embarrassing…
Nevada became the first state to take legal action against event-based sports futures contracts, sending the financial technology company Kalshi a cease-and-desist…
At least 10 groups representing tribal gaming interests have sent letters to the Commodity Futures Trading Commission (CFTC) calling the emergence of sports event…
The American Gaming Association filed a formal letter to the Commodities Futures Trading Commission (CFTC) on Thursday afternoon requesting to attend next month’s…
DraftKings would consider offering futures contracts on sports outcomes—gambling-adjacent markets that have gained popularity recently at fintech companies—should the…
Sports futures contracts, among the hottest topics in the financial technology and gambling industries, showed potential during the 2025 Super Bowl to compete directly…
When financial technology upstart Kalshi facilitated more than $200 million worth of U.S. presidential election futures market trades last October and November despite…