Report Claims Gaming Industry Lobbying for Ban on Sports Event Contract Trading in Federal Cryptocurrency Regulation Bill
[ad_1] Semafor reports that a coalition including commercial and tribal gaming interests has sent a letter to Congress urging members to include sports trading restrictions A group including the American Gaming Association, the Indian Gaming Association, and labor unions is applying pressure to members of Congress to add language barring prediction markets from offering contracts […]
NFL Pushes Kalshi, Polymarket to Limit Manipulation-Prone Sports Markets
[ad_1] Letters to all regulated prediction market platforms offering NFL markets signal a more direct push by the NFL to restrict markets easily subject to manipulation like player injuries and announcer mentions. The National Football League is pushing prediction market platforms to avoid offering certain contracts that the league believes are vulnerable to manipulation. As […]
Smarkets Latest Sports Betting Exchange to Seek CFTC Approval for Prediction Markets
[ad_1] U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S. London-based betting exchange operator Smarkets has taken a formal step toward launching a federally regulated prediction market platform in the United States. A new filing posted to the Commodity Futures Trading Commission’s industry portal on March 4 shows Smarkets […]
Your Roku just got 6 new free channels – including sports and game shows
[ad_1] Elyse Betters Picaro / ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeaways The Roku Channel has added six new free channels. Three are dedicated to individual shows. There’s also a new sports channel and a classic game show channel. You probably know the name Roku for its popular […]
Tennessee Orders Kalshi, Polymarket, Crypto.com to Halt Sports Betting
[ad_1] Tennessee’s sports betting regulator has ordered prediction market platforms Kalshi, Polymarket and Crypto.com to halt the offering of sports event contracts to residents of the state. In cease-and-desist letters dated Friday, the Tennessee Sports Wagering Council (SWC) accused all three platforms of illegally offering sports wagering products without holding a license issued under the […]
DraftKings Targets All 50 States With Sports Prediction Platform
[ad_1] DraftKings is finished ready for California and Texas to legalize sports activities betting, asserting prematurely of its Q3 earnings name that it plans to launch a predictions markets platform that can embody sports activities occasion contracts within the coming months. Whereas DraftKings Sportsbook operates in 25 states plus Washington DC and Missouri to come […]