Timothée Chalamet Kalshi Ad Backlash Exposes Celebrity Risks in Prediction Markets
Timothée Chalamet’s Kalshi ad has triggered backlash that highlights how celebrity endorsements in prediction markets can quickly shift from visibility to…
Kalshi IPO at $22 Billion Valuation Signals First Prediction Markets Listing
Kalshi readies a potential IPO at a $22 billion valuation, marking the first prediction markets operator to reach public markets and opening new…
Kalshi Perpetuals Launch Redefines Regulated Prediction Markets
Kalshi launches the first regulated perpetual futures in the US, giving prediction markets continuous trading without expiry and new liquidity loops.
Polymarket Trader Turns $428K into $4.7M on Cape Verde Draw
A Polymarket trader turned a $428,000 bet into $4.7 million after Cape Verde held Spain to a 0-0 draw at the World Cup 2026.
Laila Mintas Seeks CFTC Approval for 365Prediction Event-Contract Exchange
Laila Mintas files for CFTC approval of 365Prediction as a federally regulated event-contract exchange, positioning prediction markets as exchange-traded…
Bitbank Polymarket Warning Puts Japanese Prediction Markets at Risk
Bitbank warns users that deposits tied to Polymarket and other prediction markets may trigger account suspension under Japan’s strict gambling rules.
New Jersey Gaming Revenue Hits $627.1 Million in May 2026 on iGaming Surge
New Jersey gaming revenue rose 2.0% to $627.1 million in May 2026, powered by strong iGaming growth that offset a sports wagering decline.
Playtech FanDuel Poker Network Launches Across Four North American Jurisdictions
Playtech launches its online poker network via FanDuel across Michigan, New Jersey, Pennsylvania, and Ontario, boosting liquidity for regulated iGaming…
New Jersey iGaming Revenue Hits Record May Total
New Jersey iGaming revenue hit a record $276.3 million in May, marking an 11.9% jump from prior year as top operators like FanDuel pull ahead.
Robinhood Class Action Lawsuit Targets Sports Event Contracts in Prediction Markets
Robinhood faces a class action lawsuit claiming its sports event contracts blur investing and gambling lines, exposing users to unregulated risks in…