Bitnomial gains CFTC no-action letter for prediction markets
Regulatory guidance supports next steps towards a new product launch.
Regulatory guidance supports next steps towards a new product launch.
A federal judge has agreed to reopen Robinhood’s legal challenge against Massachusetts regulators, allowing the company to amend its complaint after securing a second regulated exchange partner for its sports-related event contracts.
The lawsuit invokes Illinois’ loss recovery statute and follows a series of regulatory challenges facing the prediction markets operator across multiple US states.
Governor Janet Mills signed LD 1164 into law on January 8, allowing the Wabanaki Nations to operate online gambling to support Tribal communities and economic development.
COFA has estimated a potential VGT market in Chicago could generate approximately $64m in incremental tax revenue, as well as a total GGR of $1bn annually.
The contest will be hosted by Siegel’s Bagelmania in Las Vegas on January 31, where contestants will compete for a championship belt and title as well as $10,000 in prize money.
The prediction marketplace agreed to a new exclusive partnership with Madison Square Garden, which also serves as the current home arena of the NHL franchise.
Clinical outcomes data from the addiction treatment provider highlight a significant reduction in addiction symptoms.
VIP Play will enter the US Daily Fantasy Sports (DFS) market, targeting a segment valued at $10bn to $13bn and focused on high-engagement, short-format contests.
Project advances as community prepares for multi-year construction period.