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Novig seeks funding at up to $2 billion valuation
Sports prediction-market platform is discussing a round that would quadruple its February valuation, though the deal has not yet closed.
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CFTC sends duelling prediction-market definitions to White House review
One proposal would class event contracts as swaps, while an interim rule would exclude casino-style products.
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Kalshi traders flip to October Fed hold after softer core PCE reading
The implied odds of a quarter-point October rate rise fell from 65% on Sept. 25 to 33%, while a hold became the leading outcome.
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CFTC investigates Kinzinger’s Kalshi bets on his Biden pardon
The former congressman says he had no inside information and made $823 on trades tied to whether Biden would grant clemency.
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Bell Buckle debuts Prediction Vegas on Las Vegas Boulevard
The 10,000-square-foot venue displays prediction-market odds as Nevada’s legal fight with Kalshi continues.
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ProphetX embeds its regulated exchange in Plaee’s operator platform
The beta integration is designed to spare distribution partners a custom technology build and the need for their own exchange registrations.
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Cboe and Robinhood target October launch for KPI binary options
The SEC-regulated contracts would let investors trade on whether company metrics meet earnings-related thresholds
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Polymarket adds self-exclusion and deposit limits as regulatory pressure grows
The prediction-market operator is pairing sportsbook-style safeguards with Birches Health support and new platform-wide moderation standards.
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Horsford presses Congress at G2E to curb prediction-market gambling
The Nevada congressman’s bill would bar federally regulated platforms from packaging sports betting and casino-style games as financial products.
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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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Wyoming governor primary draws nearly $420,000 in Polymarket trading
The figure reflects contracts on one Republican primary, not campaign money, as trackers follow state election and sports markets.
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House Oversight broadens prediction-market insider-trading inquiry to three platforms
Hyperliquid, Crypto.com and PredictIt’s owner face requests on identity checks, location controls and suspicious trading