Tag: Kalshi
Robinhood to Offer Sports Event Contracts Nationwide, Could Pave The Way For Crypto
Robinhood has announced the launch of a prediction markets hub that will offer events contracts on economics, politics, culture, and, notably, sports. The prediction markets hub, and corresponding contracts will be
Prediction Market Giant Kalshi Offers NCAA Single Match Sports Events Contracts
Prediction market exchange Kalshi is now offering events contracts akin to single-event sports contracts ahead of March Madness. March Madness is America’s largest single-elimination tournament, and Kalshi has
DraftKings Eyes Prediction Markets with NFA Filing for ‘DraftKings Predict’
Sports betting operator DraftKings has filed to register ‘DraftKings Predict’ with the National Futures Association (NFA). The filing is for Gus II LLC, trading as DraftKings Predicts. If it gains regulatory
Kalshi versus Nevada: The Fight Over Event-Based Betting
The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto sportsbooks, and online
Battle Over Sports Event Contracts: Tribes Urge CFTC to Reconsider Proposal
The U.S. Commodity Futures Trading Commission (CFTC) has received several strongly worded letters of opposition to sports events contracts from tribal associations and federally recognized tribes. Sports events, offered
Kalshi Hires Donald Trump Jr. As Strategic Advisor For Betting Markets
Donald Trump Jr. has been announced as a strategic advisor to Kalshi, a prediction market exchange. Kalshi’s name was often mentioned in the build-up to last year’s American election after the company won a court