Michigan and Utah Hearings Test Federal Preemption Over Prediction Market Contracts
Michigan and Utah hearings examine whether CFTC authority preempts state enforcement against prediction market event contracts, shaping national rollout…
CFTC Official Questions Sports Event Contracts Economic Purpose Test
Former CFTC commissioner Dan Berkovitz questions whether sports event contracts meet the economic purpose test under the Commodity Exchange Act, creating…
Morgan Stanley Cuts Macau 2026 GGR Forecast to MOP260.6 Billion
Morgan Stanley has lowered its 2026 Macau GGR outlook to MOP260.6 billion, signaling slower growth and forcing operators to recalibrate plans.
CFTC Blocks Illinois Prediction Market Tax in Expanded Lawsuit
CFTC expands lawsuit to block Illinois prediction market tax, highlighting federal preemption risks for sports event contracts.
Trader Turns $9 Million Profit on Polymarket After Spain Draws Cape Verde
A single trader captured nearly $9 million on Polymarket after Spain drew Cape Verde in the World Cup group stage, exposing pricing gaps that prediction…
BetConstruct AI Partners With ADI Predictstreet to Expand Prediction Markets
BetConstruct AI integrates ADI Predictstreet’s prediction market solution with live streaming, giving operators in Europe and selected markets official…
Schwab Binary Options on S&P 500 Launch Prediction Markets With Cboe
Charles Schwab prepares binary options on the S&P 500 through a Cboe partnership, bringing focused prediction markets to brokerage accounts.
Predictstreet BetConstruct AI Partnership Adds FIFA Prediction Market Tools
Predictstreet and BetConstruct AI deliver FIFA-aligned prediction markets that operators can launch without building from scratch, driving engagement and…
Codere Online Spain World Cup Playbook Drives Regulated Market Gains
Codere Online leverages Spain’s World Cup momentum for customer acquisition while operating within strict regulatory and responsible gaming standards.
Polymarket $7.5 Million Payout Reveals Real Action for Sportsbook Operators
A record $7.5 million payout on Polymarket shows how prediction markets are reshaping high-stakes sports betting and World Cup engagement for operators.