Prediction markets notched one other all-time high week, with complete notional quantity throughout main platforms reaching $6.18 billion, up 3.1% from the prior week’s file. Kalshi led the way in which once more with $2.26 billion in quantity (+4.9% WoW), extending its streak to 15 consecutive weeks of outperforming Polymarket on notional quantity. Top-line numbers…
CME Group and Kalshi have self-certified a recent batch of occasion contracts with the CFTC this week, increasing their sports activities and financial choices because the prediction market house continues its fast evolution. As CME Group is the market supplier for DraftKings Predictions and FanDuel Predicts, the brand new additions will seemingly be showing on…
Efforts in Washington to repeal a cap on the federal playing loss tax deduction have struggled to realize traction in current months. With earlier legislative efforts in Congress stalling and more moderen proposals simply getting off the bottom, prediction markets have mirrored a corresponding lack of momentum for a 2026 repeal. The tax provision, enacted…
Commodity Futures Trading Commission Chairman Michael S. Selig desires to run the fee with “minimal” regulation on prediction markets. But getting it won’t be that simple. Selig laid out the way forward for the company in an op-ed for the Washington Post on Jan. 20. With bombastic, expansionist language that linked blockchain and prediction markets…
Portugal’s gaming regulators are shifting ahead with plans to order the nation’s web service suppliers to dam entry to crypto-native prediction market platform Polymarket. The order got here following reviews of enormous buying and selling quantity in Polymarket’s Portuguese presidential election markets. Two days earlier than the Jan. 18 election, Portugal’s playing regulatory physique, Serviço…
The New York Stock Exchange introduced right this moment that it’s constructing a brand new platform that may let buyers commerce tokenized shares and ETFs 24 hours a day, seven days per week. The system will permit buyers to purchase fractional shares in greenback quantities and settle trades immediately utilizing digital tokens and stablecoins, quite…
After a busy weekend for NFL buying and selling on Kalshi and Polymarket, each platforms noticed week-over-week will increase in notional quantity to attain new weekly all-time highs. Top prediction market exchanges total reached a brand new high level as nicely, totaling simply shy of $6 billion in notional quantity for the week of Jan….
FanDuel unveiled its prediction market platform, FanDuel Predicts, simply earlier than Christmas, following the launches of comparable prediction merchandise from a few of its largest sports activities betting and fantasy sports activities rivals. This week, FanDuel Predicts grew to become out there in all 50 states, making FanDuel the primary sports activities gaming operator to…
Las Vegas-based High Roller Technologies is transferring into the U.S. prediction market area with a devoted new product, following two partnership bulletins signaling how the corporate plans to construct, distribute and market the providing. This week, High Roller introduced a partnership with Crypto.com | Derivatives North America, the CFTC‑registered alternate and clearinghouse affiliate of Crypto.com,…
Bryson DeChambeau is a Kalshi man now. Top CFTC-regulated prediction trade Kalshi has teamed with skilled golfer Bryson DeChambeau for its first athletic endorsement deal. As a part of the association, DeChambeau will seem in “a TV industrial, social media posts, reside appearances and promotions, branded content material, and extra.” “Kalshi is constructing one thing…