Prediction Markets – Page 24 | Global Gaming Insider

Portugal gives Polymarket 48 hours to exit after election betting surge

Portugal’s gambling regulator has ordered Polymarket to cease operations after the platform recorded more than €100m ($116m) in bets tied to the country’s presidential election.

3 min read • Jan 22 • By Layla Victoria

High Roller closes direct offering of 1.9m shares

The operator received approximately $25m of net proceeds from offering shares of High Roller common stock, prior to deducting fees for the placement agent and offering expenses.

3 min read • Jan 21 • By Kirk Geller

Legal & Regulatory Land Based + 2 more

Nevada regulator files civil enforcement action against Polymarket

The NGCB requested the court grant a declaration and injunction to prohibit the prediction markets operator from offering ‘unlicensed wagering’ in violation of Nevada law.

3 min read • Jan 20 • By Kirk Geller

Responsible Gambling Legal & Regulatory + 3 more

Kalshi appoints Blake Bee as Director of State Government Relations

Bee brings extensive experience in public policy, government relations and consumer protection.

3 min read • Jan 20 • By Jack Found

Marketing Online + 2 more

High Roller to ‘accelerate’ prediction markets launch with Lines.com partnership

The sports media platform is currently owned by Spike Up Media and will look to grow customer acquisition and brand awareness of High Roller’s prediction markets product in the US.

3 min read • Jan 15 • By Kirk Geller

Responsible Gambling Legal & Regulatory + 2 more

NCAA calls on CFTC to pause college sports prediction markets

NCAA President Charlie Baker has urged the Commodity Futures Trading Commission to immediately suspend all college sports offerings in prediction markets until appropriate regulatory safeguards are established.

3 min read • Jan 15 • By Jack Found

Online Partnerships + 1 more

High Roller to enter prediction markets following Crypto.com partnership

The event contracts made available to consumers on the High Roller platform will be offered by CDNA, a CFTC-registered exchange and clearinghouse as well as an affiliate of Crypto.com.

3 min read • Jan 14 • By Kirk Geller

Legal & Regulatory Online + 1 more

Kalshi faces second New York class action as Tennessee court grants restraining order

A second federal class action case has been filed in the District Court of Southern New York, while a temporary restraining order will allow Kalshi to continue trading in Tennessee.

4 min read • Jan 14 • By Rory Calland

Legal & Regulatory CSR + 1 more

AGA and IGA issue joint letter to US legislators regarding prediction markets

Both organizations stated the ‘congressional consideration’ of crypto market structures provide an ‘important, bipartisan opportunity’ to prevent unregulated prediction market activity.

3 min read • Jan 13 • By Kirk Geller

coalition for prediction markets appoints two former politicians as leaders

Appointments Personnel + 1 more

Two ex-congressmen to lead the Coalition for Prediction Markets

A Kalshi spokesperson has confirmed the appointments of Sean Maloney and Patrick McHenry to the helm of the recently formed trade association.

3 min read • Jan 13 • By Rory Calland