Prediction markets: The fine line between entertainment and insider trading
Both Kalshi and Polymarket have seen insider trading scandals emanating from their platforms.
Both Kalshi and Polymarket have seen insider trading scandals emanating from their platforms.
Questions were posed of Selig around the stark similarities between sports gambling and sports events contracts.
The partnership seeks to develop new approaches to fan engagement and enhance the club’s international profile through initiatives that combine advanced analytics, predictive tools and digital content.
A leaked government inflation figure, a crypto prediction market and a court order to block a global platform. Argentina's chronic price instability has now moved into new territory.
Talks between the NBA and both operators advanced once CFTC Chairman Michael Selig confirmed the Commission would propose rules to help maintain betting integrity.
The launch of TRUEiGTECH’s unified API creates a clear entry point for operators looking to participate in the next phase of prediction market growth.
Former Chicago Mayor Rahm Emanuel has proposed a 10% federal tax on online sports betting and prediction markets, framing it as a way to fund American innovation and compete with China.
On April 14, the Ohio Casino Control Commission proposed a $5m fine against Kalshi, believing the operator has been conducting business in the state without a license since January 2025.
Despite the choice to resign from both positions, Lundgren stated he has ‘full confidence’ in Crypto.com’s legal team, citing the leadership of Group General Counsel Chloe Young.
A Member of Parliament is pushing to restrict prediction markets before they take hold, warning of a spillover effect from the United States.