North American Lotteries Raise Concerns Over Prediction Markets
The ongoing debate regarding prediction markets in the United States has been recently joined by one of North America’s largest lottery organizations.
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The ongoing debate regarding prediction markets in the United States has been recently joined by one of North America’s largest lottery organizations.
Prediction markets have grown exponentially since they began offering sports-event contracts last year. A new tool, Ticker Tracker, allows users to chart the rise, and the expectation is that the numbers will continue to grow.
The Polymarket MLB promo code HANDLE gives new users a fast way to jump into prediction markets this week.
Australian multinational investment banking and financial services group Macquarie is optimistic about the prediction markets sector, expecting it to reach $1.5 trillion in trading volume by 2030.
This week has been busier than most in the world of prediction markets, from the CLARITY Act to the World Lottery Association’s warning to the furor over election betting in Wisconsin, and more.
CME Group is signaling that prediction markets are going to stay on the gambling side of the line, while the meteoric rise of prediction markets is drawing a sharper line between financial derivatives and gambling.
With less than two months remaining until LiGA Summit 2026, gaming operators, regulators, affiliates, suppliers and technology providers are preparing to gather in Lima, Peru, on September 17-18 to discuss regulatory developments, compliance and emerging opportunities in Latin America's gaming indus
Multinational investment bank and financial services company Morgan Stanley has predicted second-quarter EBITDA of approximately $150 million for DraftKings. This is significantly below the sell-side consensus estimate of around $175 million, putting DraftKing’s price target down to $36 from $39.
Wisconsin is ramping up its battle against prediction markets, warning residents that they could lose their right to vote if they wager on elections on the platforms.
The Wisconsin Elections Commission (WEC) issued a public notice warning against election trading, leading to backlash from prediction markets.
The American Gaming Association has urged Congress to prevent prediction market platforms from offering nationwide sports betting through contracts regulated by the Commodity Futures Trading Commission.
Kalshi has launched a new hub for tracking the US midterm elections that gives users a market-based view of election races.