News page 19 of 30

Operators Tags

3 Oct Opinion column invokes George Santos ban in warning on prediction markets The Florida State University commentary argues that personal knowledge, aggressive marketing and concentrated gains expose risks beneath the industry’s financial-exchange claims.
3 Oct MGM and Caesars shun prediction markets over licence risks At G2E in Las Vegas, the casino groups said state regulatory exposure outweighed the appeal of event contracts.
3 Oct Polymarket’s HSBC and Lloyds failure contracts prompt UK regulatory concerns About $77,500 has been traded on binary bets over major banks, while the FCA discusses prediction-market risks with overseas regulators
3 Oct Novig says Sweeney campaign coincided with surge in trading and deposits The sports prediction-market platform reported nearly doubled trading volume and more than tripled first-time depositors in 20-day periods around the Sept. 9 launch.
3 Oct Verdx seeks Canadian licence for prediction-market-only dealer Former Vanguard Canada head Atul Tiwari’s venture would execute trades in approved event contracts but not run an exchange or offer advice.
3 Oct DeWine says Ohio will enforce gambling laws against Kalshi sports contracts Governor’s pledge follows a Sixth Circuit ruling that let the state proceed while Kalshi’s federal-law challenge continues
3 Oct Illinois judge blocks key sports-wagering rules for Kalshi title-game contracts The preliminary order finds certain championship-outcome contracts likely qualify as federally regulated swaps, but leaves Illinois’s new transaction fees for later review.
2 Oct Kalshi builds a 41-state lobbying network amid prediction-market battles The exchange has concentrated spending in California and New York while giving more than $500,000 to attorneys general and governors’ political groups.
2 Oct Victor Wembanyama rejects prediction-market endorsements The Spurs star says money no longer drives his sponsorship decisions and he wants to promote positive messages.
2 Oct European Lotteries calls for coherent prediction-market rules The lottery association wants existing financial and national gambling rules applied consistently, rather than a technology-based carve-out.
2 Oct Kalshi sees no near-term EU setup despite ESMA talks Chief risk officer Udesh Jha says Europe’s fragmented rules make regulatory clarity a gradual process, not a one-step launch
1 Oct Low-odds trades on Polymarket’s international exchange draw scrutiny World Cup and Ethiopian-election contracts recorded heavier activity in long-shot outcomes than in leading ones