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Jefferies puts October prediction-market daily volume at record $4.13 billion
Sports contracts supplied 78% of daily trading as open interest reached $3.27 billion
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NBA gives Kalshi and Polymarket formal prediction-market roles
The league secured approval rights over NBA contracts and a CFTC information-sharing pact as it moves into a contested market.
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DraftKings says DKeX reached third place in U.S. prediction markets
Aldrin Research put the late-June entrant at $1.04 billion in weekly notional trades, though Kalshi and Polymarket remain well ahead.
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STA conference puts prediction markets on market-structure agenda
Kalshi, DraftKings and Robinhood participants will join a Washington panel as more than 900 professionals register for the meeting.
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Football drives Kalshi and Polymarket to record $22.2 billion week
NFL and college games produced $8.56 billion in two days as sports contracts deepen the industry’s regulatory fight.
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Seminole Tribe sues DraftKings over Florida prediction-market offerings
The Tribe says Pick6 and DraftKings’ Super App amount to an unlicensed sportsbook that breaches its exclusive gaming compact.
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Prediction markets push NFL customer spending close to sportsbook levels
Eilers & Krejcik says acquisition costs are approaching $200 per trader, raising the prospect of a more expensive fight for bettors.
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Kalshi falls outside Pennsylvania’s self-exclusion system, NPR profile finds
A man who had excluded himself from DraftKings and FanDuel lost more than $25,000 on the federally supervised prediction-market platform.
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Bloomberg video examines prediction markets’ challenge to sportsbooks
Romaine Bostick’s two-minute segment brought betting and trading executives into a widening debate over sports contracts and federal oversight.
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Genius Sports says prediction-market demand will survive regulatory change
Chief executive Mark Locke says the company can earn from exchanges, market makers and sportsbooks even if today’s model is reshaped.
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Novig and Underdog take share in prediction-market combos
Eilers & Krejcik data show multi-leg trades reached half of August volume, with DraftKings arriving late and still generating a burst of activity.
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DraftKings targets California, Texas, Georgia and Florida with prediction ads
The company is pitching DraftKings Predictions as available in California, Texas, Georgia and Florida, with a $200 bonus for a first $5 trade, just before the NFL season.