Michael Burry, the investor who inspired the movie The Big Short, has bought shares in Flutter and DraftKings, expressing confidence that the sportsbooks can overcome the threat of prediction markets.
SOFTSWISS hosted a discussion on how fixed-odds betting models could bring prediction markets into regulated iGaming, with industry executives examining the commercial potential and regulatory challenges of the emerging category during a LinkedIn Live panel.
An association of doctors in Texas has raised concerns over the current form of prediction markets, arguing that these businesses are now actively contributing to gambling addiction, and that more needs to be done to safeguard consumers, mostly through tighter regulatory measures.
New Jersey lawmakers are expected to revisit a proposal to tax prediction markets when the legislature returns in the fall after the measure failed to reach floor votes before the summer recess.
New Jersey lawmakers are considering imposing a 9% tax on prediction markets.
Prospect Markets has signed a letter of intent with Crypto.com-backed OG Broker to launch a sports-focused prediction market.
The battle for control of the prediction markets space is heading to the Supreme Court, say US lawyers, with some claiming the Commodity Futures Trading Commission (CFTC) may have a key advantage over the states.
ADI Predictstreet, FIFA’s Official Prediction Market Partner, will expand beyond football into new regulated prediction markets after securing regulatory clearance to broaden its offering.
Top World Cup Prediction Market Promos for Mexico vs. England. Mexico and England collide in one of the most anticipated Round of 16 matchups of the 2026 World Cup on Sunday, July 5, at 8 p.m. ET on FOX from Estadio Banorte in Mexico City.
The World Cup continues on Sunday, July 5 with a matchup and you can sign up at top prediction markets today to make trades on any match.
More traditional financial (TradFi) firms will enter the $44 billion prediction market sector in the months ahead, say industry insiders.
DraftKings is cutting the cord with the launch of DKeX, its proprietary prediction market exchange, integrated into the DraftKings: Sports & Casino app.
