Prediction Market Combo Users Have Lower ROI than Parlay Bettors
Yet another analysis, this time from Citizens JMP Securities, has suggested that prediction market users lose more than their traditional sports betting counterparts.
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Yet another analysis, this time from Citizens JMP Securities, has suggested that prediction market users lose more than their traditional sports betting counterparts.
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Users in India have lost access to Polymarket after government authorities restricted entry to prediction market platforms classified as prohibited online money gaming services under local law.
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Sporttrade announced the closure of its US online sports betting operations on June 26. This move follows a failed attempt to obtain CFTC approval for prediction market products.
Kalshi and the National Council on Problem Gambling (NCPG) have agreed to a landmark deal, making Kalshi the first prediction market to join the non-profit organization.
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Two of the most influential voices in US gaming have issued a fresh warning to Congress as lawmakers weigh a significant shift in financial regulation.
While some states are moving to ban prediction market platforms, Pennsylvania lawmakers are proposing to cash in on the craze.
Kalshi received a favorable ruling in Arizona after a district court judge reversed a decision to deny the prediction market an injunction against the state’s attorney general.