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01.tech
The collaboration anoints Philadelphia as the first NBA franchise to partner with a prediction market operator, set to feature new content, experiences and integrations for 76ers fans.
Revenue from mobile operations accounted for just over $15m of the state’s September total and decreased 7.6%, as DraftKings led all online operators in Missouri with $8.4m.
Experts from all over the world and across the whole industry will gather in November to discuss some of the biggest topics in gambling.
The operator chose to halt trading across its international exchange on October 29, eventually resuming activity at 3pm PT and confirming the issue had been resolved.
The latest funding round was led by Wellington and Sequoia, placing Kalshi well above fellow prediction market operators such as Polymarket ($12-15bn) and Crypto.com ($20bn).
The request comes less than 24 hours after Utah became just the second US state to file criminal charges against Kalshi, as well as Co-Founder Luana Lopes Lara and Tarek Mansour.
Barkley claimed he is ‘not allowed to be in that’ when referring to prediction markets, as the NFL currently forbids players from investing in or promoting sports betting operators.
The company is adding prediction markets to its solutions.
The criminal charges were filed against Kalshi Co-Founders Luana Lopes Lara and Tarek Mansour, who could face over 15 years in prison if convicted of the second- and third-degree crimes.
The decision by Polymarket followed similar choices made by both Robinhood and Coinbase, as each restricted sports event contract trading amid ongoing legal disputes involving Kalshi.
