Tag: betting

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City of Baltimore Goes After Prediction Markets for Sports Betting

The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws.In...

Kraken launches crypto options, betting simpler products can expand the market

Derivatives account for the vast majority of crypto trading volumes, but options remain a relatively small corner of the market, dominated by a handful...

Massachusetts AG Files Amended Lawsuit Against Kalshi over Sports Betting after Court Ruling

Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over...

Stoked.bet Brings a Proven $30M+ Sports Betting OnChain

Stoked.bet is bringing a proven sportsbook into Web3 with an on-chain sports and prediction market ecosystem built around non-custodial infrastructure, transparent settlement, Marketplace utility,...

Prediction market consolidation could spark wave of M&A across sports betting, Bernstein says

The rapid consolidation of the prediction market technology stack is raising the odds of a new wave of mergers and acquisitions across sports betting...

Organizations Urge Congress to Ban Sports Betting on Prediction Markets in CLARITY Act

Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts...

The U.S. government is betting $2 Billion on quantum computing, and the defense side can’t keep up

This is why the most exposed institutional holders have been waiting. They are waiting for the coordination work to happen, which a research grant...

House GOP Moves to Limit Lawmakers’ Prediction Market Betting

Republicans in the US House of Representatives are moving to add prediction market restrictions to a stalled congressional stock trading ban, as lawmakers scrutinize...

Argentina Bill Targets Crypto Payments for Online Betting

Argentina’s government is moving to restrict banks, payment firms and crypto providers from serving unauthorized online gambling platforms as part of a broader crackdown...

A crypto betting platform may have leaked U.S. military secrets before a surprise attack on Iran, experts warn

An in-depth investigation into insider trading by Bubblemaps analysts reveal how accurate bets on U.S. attacks on Iran were, exposing a trend that experts...

Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most

Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday.Appearing...