Kalshi adds crypto payments rail through Mesh partnership
The rollout comes as prediction markets face rising state-level scrutiny over sports event contracts in the US.
2 min read • May 6 • By
Shaan Khan
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Imagine Live
OMNIPLAY
GR8_TECH
ONLYPLAY
Titans
GammaStack
GammaPlus
SPAYZ.io
DATA.BET
N1 Partners
Euro Games Technology
Bally’s Intralot
Logifuture
Makeberry Affiliates
ReferOn
Galaxsys
Linebet
GammaSweep
Z-Gaming
1spin4win
Global Gaming Awards
DYG
AMATIC Online
BetConstruct
JDB Gaming
Vegangster
SmartSoft
bet365 Partners
The rollout comes as prediction markets face rising state-level scrutiny over sports event contracts in the US.
The operator also generated a quarterly record for adjusted EBITDA, which increased 8.6% to nearly $53.8m, as well as 0.3% net income growth for a total of $14.7m.
Kevin O’Toole stated prediction markets have ‘perfected a wildly addictive formula’ to target ‘young, inexperienced bettors’ as part of his comments issued to CFTC Secretary Christopher Kirkpatrick.
The Ohio Casino Control Commission reported slot revenue increased 1.1% to account for $69.6m of the state’s total gaming revenue, while table games produced $25.3m and fell 1%.
Some companies invest heavily in product innovations, but the New Jersey Lottery shows how keeping it simple can sometimes be just as impactful.
Eminence manages around $6bn and is expected to return at least 75% of investor capital by the summer as it winds down operations.
The Yuhaaviatam of San Manuel Nation has confirmed the transaction, which could close by the end of the month.
The merged platform will combine daily fantasy contests and best ball formats across 38 US states and Canada.
As part of the hearing, the Senate Commerce Subcommittee on Consumer Protection, Technology and Data Privacy will speak on gameplay manipulation and potential insider trading.
The Texas Tech quarterback will enter a gambling addiction treatment program and take a leave of absence from the team after it was found he placed over 10,000 sports wagers since 2022.