Prediction Markets – Page 11 | Global Gaming Insider

IG Group acquires Underdog for $1.3bn to ‘accelerate’ US prediction market entry

IG Group CEO Breon Corcoran believes prediction markets represent ‘one of the most significant opportunities across trading and entertainment' in the US.

2 min read • Jul 30 • By Kirk Geller

Novig launches inaugural MLB partnership with New York Mets

As part of the multi-year collaboration, Novig will receive in-stadium signage across Citi Field, in-game moments, broadcast branding and original digital and social content.

1 min read • Jul 30 • By Kirk Geller

Legal & Regulatory Online + 2 more

Wisconsin Federal Court denies CFTC’s motion for preliminary injunction

The loss comes just days after a federal judge in Minnesota approved the CFTC’s request to block the state’s ban on prediction markets, which was set to go into effect on August 1.

1 min read • Jul 29 • By Kirk Geller

Financial Casino + 3 more

White House aide exits after $100,000+ Kalshi betting allegations

Gabriel Perez allegedly used advance knowledge of presidential speeches to profit from prediction market bets.

2 min read • Jul 29 • By Keih Ma

Legal & Regulatory Marketing + 3 more

Polymarket branding removed from FC Lazio channels after Italy ban

The Lazio sponsorship, reportedly worth around €22m, had already faced political scrutiny, while Polymarket’s wider Serie A partnership could now face further questions.

2 min read • Jul 28 • By Marieta Lezaic

Legal & Regulatory Online + 2 more

Minnesota judge approves CFTC request to block state’s ban on prediction markets

Governor Tim Walz signed a bill to prohibit prediction markets after the legislation was approved by the Minnesota government in May, having been set to go into effect by August 1.

1 min read • Jul 27 • By Kirk Geller

Legal & Regulatory CSR + 2 more

NFL sends letter to CFTC, believes new draft rules fall ‘significantly short’ of betting integrity

The CFTC proposed amendments to its event contract derivatives rules on June 12, providing its first-ever definition of gaming and opening a 45-day public commentary period.

2 min read • Jul 27 • By Kirk Geller

Financial Mergers & Acquisition + 4 more

Fanatics acquires CFTC-registered Water Street Labs and CX Clearinghouse from BGC

The operator will also partner with BGC to enable the development of new client data products which combine prediction market sentiment with traditional financial market data.

2 min read • Jul 27 • By Kirk Geller

Legal & Regulatory Trade Associations + 4 more

NCLGS supports US states having ‘primary authority’ over prediction market regulation

The Council unanimously approved a prediction markets resolution during a July meeting in San Diego, which states the NCLGS ‘opposes the expansion of unregulated’ event contract trading.

1 min read • Jul 27 • By Kirk Geller

Legal & Regulatory Online + 2 more

NGCB orders Kalshi to conclude its Nevada operations

The regulator has reportedly reached an agreement with Kalshi to eliminate the prediction market operator’s product in the region.

1 min read • Jul 27 • By Will Underwood