CFTC Sues Kentucky Over Prediction Market Authority Clash
CFTC sues Kentucky as the ninth state targeted in the regulator’s campaign to assert federal authority over prediction markets and limit state-level…
Zuckerberg Directs Meta to Launch Prediction Market Platform Like Kalshi
Meta’s Arena platform will initially use a points system before any real-money prediction markets, giving Zuckerberg a low-risk entry into the space…
Brightstar Lottery Secures Five-Year Oregon Lottery Extension to 2031
Brightstar Lottery wins a five-year Oregon Lottery extension through 2031, committing to central system upgrades and 2,200 new retail terminals that keep…
Meta Prediction Market App Arena Rivals Kalshi and Polymarket
Meta is building a points-based prediction market app called Arena to challenge Kalshi and Polymarket, potentially reshaping the prediction markets…
Meta Arena App Faces Regulatory Heat Over Predictions Platform
Meta’s new Arena app tests points-based predictions, signalling big tech’s next move into prediction markets and future real-money wagering.
DraftKings Predictions on Track for $1 Billion Annual Revenue by 2030
Citizens Equity Research projects DraftKings Predictions will exceed $1 billion in annual revenue by 2030 as prediction markets expand DraftKings’ revenue…
Giannis Antetokounmpo Trade Reshapes 2027 NBA Championship Odds
Giannis Antetokounmpo trade to Miami Heat slashes 2027 NBA Championship odds and vaults the Heat into top-five contention for prediction markets and…
MGM Resorts and BetMGM Extend Multi-Year MLB Partnership
MGM Resorts and BetMGM renew their long-term MLB deals, reinforcing exclusive resort and betting integrations while prioritizing responsible gaming and…
DraftKings Railbird Acquisition Could Drive $1B Prediction Markets Revenue by 2030
DraftKings’ Railbird acquisition and market-making strategy position the company to capture significant prediction markets revenue, with analysts…
Meta Prediction Markets Arena App Impact on Operators and Data Competition
Meta is testing Arena, a points-based prediction markets app that could reshape how operators compete on data accuracy and user engagement.