Prediction Markets Articles

CFTC Receives Thousands Of Comments On Prediction Markets

The final days of the Commodity Futures Trading Commission’s comment period on prediction markets saw a rush of filings as industry groups, state regulators, academics, tribal gaming groups, politicians, and ordinary citizens raced to get their views on the record. The final comment docket contains over 3,500 documents. The CFTC, which regulates the derivatives markets, […]

Kalshi Drops Gambling Terms From Patent Application

In its most recent federal filings, Kalshi began explicitly reframing how it describes its core prediction markets and event contracts business. The company is now emphasizing traditional financial language and moving away from gambling-related terms as prediction markets try to differentiate themselves from sports betting. The shift is most noticeable in Kalshi‘s latest submissions to […]

BetRivers Parent Linked To Prediction Markets Applications

Rush Street Interactive appears to be preparing a path into prediction markets, adding the BetRivers parent to the growing list of gambling companies exploring event-contract trading. Commodity Futures Trading Commission filings point to a company linked to RSI laying the groundwork for a prediction markets platform. Public CFTC records show Eventive III, LLC has a […]

Prediction Markets A Popular Topic In Washington, DC

Prediction markets are now at the center of a fight involving the White House, Congress, and several state governments. The three-way clash escalated this week as three Democrats in the U.S. House of Representatives called for an investigation into the Commodity Futures Trading Commission‘s assertion that it should be the sole regulator of predictions.Across the […]

FanDuel Expands Sports Prediction Markets With Crypto.com Partnership

FanDuel Predicts announced an expansion to its event contract lineup through a new partnership with Crypto.com’s OG Prediction Markets. The company added sports, entertainment, and combination contracts to its platform with a lineup that previously primarily offered contracts on financial benchmarks and economic indicators. Announced earlier this month, the move marks the first major product […]