Kalshi secures $1bn investment at $11bn valuation
A LinkedIn post by CEO Tarek Mansour appears to confirm a $1bn investment in the prediction market.
A LinkedIn post by CEO Tarek Mansour appears to confirm a $1bn investment in the prediction market.
Casino revenue dips month-on-month in November.
The operator formed a multi-year partnership with the Kansas City Royals MLB franchise to gain market access in Missouri but was still under review for a sports betting license from the MGC.
Miami International Holdings has announced the sale of 90% of its MIAX Derivatives Exchange to Robinhood Markets in partnership with SIG, while retaining a 10% stake.
CEO Michael Rubin said the operator will be launching its new Fanatics Predicts offering within the next few weeks through a partnership formed with Crypto.com.
The Maryland Lottery and Gaming Control Commission stated offering a sporting event contract through a DCM without a valid sports wagering license would be deemed as an 'illegal activity.'
FanDuel and DraftKings have exited the American Gaming Association (AGA) amid prediction market dispute.
Lawmakers in the Empire State tabled a bill this week which could all but eliminate sports and events-related prediction markets.
PrizePicks has rolled out its new prediction markets offering through its federally approved subsidiary, Performance Predictions II, LLC.
MGC Executive Director Dean Serpa penned a letter to operators currently licensed in the state of integrating prediction markets, following efforts already made by FanDuel and DraftKings.