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The panel ruled US District Court Judge Andrew Gordon did not abuse his discretion when he dismissed Kalshi’s preliminary injunction against the NGCB and Nevada Gaming Commission.
The Weather Company will be responsible for providing authoritative observation data used to settle Kalshi’s weather-related markets with a ‘consistent, documented methodology’ for each.
Tribal casinos are still growing revenue every year but facing profitability pressure, according to Wipfli's recent report exploring Tribal gaming. Grant Eve, a Partner at the company, discusses margin trends, floor optimization and technology, as well as the impact of AI... and prediction markets.
The CSA and CIRO have clarified that prediction-market contracts based on sports and entertainment outcomes should not fall within Canadian securities and derivatives regulation.
The public notice follows recent awareness raised by the Canadian Securities Administrators, while Loto-Québec also believes prediction markets have ‘grown significantly’ in North America.
The agreement adds official data, streaming and integrity services for events including the Bundesliga, Grand Slams and the Chinese Basketball Association.
The Norwegian Lottery Authority is assessing whether Polymarket constitutes illegal gambling, with DNS blocking and payment restrictions among the potential enforcement measures.
The new agreements follow Novig’s inaugural prediction market-MLB collaboration with the New York Mets in July, as well as Polymarket’s partnership with the New York Yankees on August 7.
The move follows Prospect’s July agreement with Crypto.com-backed OG Broker and comes as institutional participation in US event contracts begins to increase.
Despite US lawmakers advocating for stricter enforcement on player promotions, MLB continues to expand its collaborations with operators, specifically in the prediction market space.
