Prediction Markets

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  1. DraftKings looks to expand prediction market parlay offering ahead of NFL season

    According to recent filings with the CFTC, DraftKings self-certified nine football event contracts for its in-house prediction market DKeX, as well as multi-leg event contract wagers.

    11 Aug 2026 · 1 min read · By Kirk Geller
  2. Kalshi sued by flight tracking service platform over cancellation markets

    FlightAware stated Kalshi named the service as its primary source agency for settling flight cancellation markets but had not been granted use of the platform's name, ​data or trademarks.

    11 Aug 2026 · 2 min read · By Kirk Geller
  3. Q2: DoubleDown revenue grows 11.2%, High Roller advancing prediction markets strategy

    DoubleDown’s adjusted EBITDA for Q2 increased 17.3% to $39.3m, while profit for the period rose 50.9% to $32.9m. High Roller’s Q2 revenue fell 51.6% to $2.8m, reports $2.4m net loss.

    11 Aug 2026 · 2 min read · By Kirk Geller
  4. Federal court in Connecticut denies Kalshi’s preliminary injunction motion

    Kalshi previously filed a lawsuit against the Connecticut Department of Consumer Protection in December 2025 after receiving a cease-and-desist order from the regulator.

    10 Aug 2026 · 1 min read · By Kirk Geller
  5. ProphetX and Pikkit form new partnership to offer CFTC-regulated prediction markets

    The collaboration will first offer Pikkit users prediction markets on the NFL, NBA and international soccer, with additional contracts set to be introduced on a ‘rolling basis.’

    10 Aug 2026 · 2 min read · By Kirk Geller
  6. CFTC issues warning to prediction market operators regarding use of American-style odds

    The CFTC warned operators about the use of traditional US gambling odds when offering sports-event contracts, such as +100 or -100, amid growing legal scrutiny over prediction markets.

    7 Aug 2026 · 2 min read · By Kirk Geller
  7. Clarity Act vote delayed until September by US Senate

    Senate Majority Leader John Thune stated the vote will take place once lawmakers return from an August recess, with 60 votes required to advance the legislation prior to Midterm elections.

    7 Aug 2026 · 2 min read · By Kirk Geller
  8. Polymarket adds Yankees partnership to US sports expansion

    The deal follows Polymarket’s league-level agreement with MLB and adds Yankee Stadium inventory as prediction markets face continued scrutiny over sports event contracts in the US.

    7 Aug 2026 · 2 min read · By Shaan Khan
  9. The rise and rise of Dan Taylor: What’s next for Flutter’s new CEO?

    Taylor's promotion to Flutter Group CEO caps a six-year climb through the operator's International arm. But he inherits the top job at the most difficult possible time...

    7 Aug 2026 · 5 min read · By Jack Found
  10. DraftKings Q2 revenue falls 4.6% to $1.44bn, witnesses net loss of $67.6m

    For H1 2026, the operator’s revenue increased 5.8% to $3.09bn, although DraftKings still reported a net loss of $46.5m during the period, following a $124.1m net income for H1 2025.

    6 Aug 2026 · 3 min read · By Kirk Geller