Prediction Markets Face Insider Trading Challenge
Sportradar’s agreement with Kalshi highlights a shift in the gambling industry’s stance on prediction markets, challenging the American Gaming Association’s zero-tolerance policy. #Update #Legal
Sportradar’s agreement with Kalshi highlights a shift in the gambling industry’s stance on prediction markets, challenging the American Gaming Association’s zero-tolerance policy. #Update #Legal
DAZN and ADI Predictstreet launched a free-to-play prediction game for the FIFA World Cup 2026, available outside the US, expanding DAZN’s sports lineup. #Update #Sports
@Polymarket defends against CFTC’s regulatory claims on prediction markets, supported by Trump, as the agency counters lawsuits from eight states including New Mexico. #Update #Legal $USDT
@Polymarket’s operator fined €420,000 by KSA for halting Dutch service a day late. Polymarket contests the decision, highlighting EU-US regulatory differences on prediction markets. #Update #Legal
Polymarket logs $2.54B in World Cup bets with France at 18% odds; Kalshi shows France at 19.2%, Portugal third at 11%. #Update #Crypto
The Nevada Gaming Control Board seeks $120,000 daily fines against @Kalshi for violating a geofencing order, allowing Nevada users to buy banned contracts. #Breaking #Legal
Polymarket and Kalshi traders predict low odds for $BTC hitting $100K by 2026, with a strong bearish sentiment below $50K. #Update #Crypto $BTC
@Aerodrome introduces Predictive Allocation, enabling liquidity providers to anticipate market demand and earn revenue, enhancing its DEX model on Base. #Update #DeFi $ETH
Anthropic halts Claude Fable 5 access after U.S. export control directive; traders predict 71% chance of restoration by July 2026. Amazon CEO flagged jailbreak issues to Trump officials. #Update #AI
Iran denies Trump’s claim of a June 14 Iran deal signing, citing U.S. instability; Polymarket traders give it a 39% chance, favoring July 31 at 89%. #Update #Crypto $BTC
Former SEC and CFTC Chair Gary Gensler argues prediction markets do not override state regulations, as legal disputes continue between courts on their legitimacy. #Update #Legal $BTC
The CFTC proposed a rule defining sports event contracts as gaming, banning five categories but allowing most. Event listings grew from 220 in 2021 to over 8,000. Legal
The US Commodity Futures Trading Commission (CFTC) proposes a regulatory framework for prediction markets, focusing on sports wagering and excluding election-related contracts. Public comment period open for 45 days. #Update #Legal
@Kalshi will require some users to disclose their employers to combat insider trading, implementing new screening and risk-scoring measures immediately. #Update #Crypto