The prediction market Kalshi has caught the attention of the NCAA, which issued a letter last week requesting changes to how Kalshi describes its sports markets and seeking clarification on integrity ...
Three days ago, PrizePicks announced it was partnering with Polymarket to begin offering prediction markets through its DFS platform. In an appearance on CNBC Tuesday morning, PrizePicks CEO Mike ...
Kalshi has sued New York’s gambling regulator, claiming the state is overreaching its authority by issuing a cease and desist order. Trading platform Kalshi has sued the New York State Gaming ...
With Kalshi’s news that it had raised $300 million and secured a $5 billion valuation, the leading prediction market platform also announced that it would no longer be available only in the United ...
Americans who want to bet on sports have many options. There’s DraftKings, FanDuel, ESPN Bet, Caesars, and BetMGM. There’s also BetRivers, Hard Rock, bet365, Fanatics, and Bally Bet. But none of those ...
Prediction markets’ push into sports isn’t stopping - it’s getting stronger. In a landmark agreement, the NHL announced Wednesday it has become the first major professional sports league to partner ...
Tarek Mansour is CEO and co-founder of Kalshi. Photo By Diarmuid Greene/Sportsfile for Web Summit via Getty Images Silicon Valley is piling into the promise of prediction markets. The valuations of ...
Prediction markets promised to make finance more foresight-driven, but their early incarnations were too niche to matter or too unregulated to scale. Kalshi, federally licensed and VC-backed, set out ...
The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry. By Michael J. de la Merced The surging ...
Kalshi is now worth $11 billion, making both its founders billionaires and Luana Lopes Lara the world’s youngest self-made woman billionaire. Luana Lopes Lara graduated from Massachusetts Institute of ...
The NCAA is trying to regulate threats presented by gambling on its sports. Andy Lyons / Getty Images The prediction market Kalshi has caught the attention of the NCAA, which issued a letter last week ...
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