New York-based KalshiEX LLC, which offers “event-based contracts” that resemble sports bets, is getting a deadline extension ...

The Nevada Gaming Control Board told KalshiEX LLC it could face prosecution if doesn’t stop offering “event-based contracts” in Nevada by Friday.

Major League Baseball (MLB) has asked the Commodity Futures Trading Commission (CFTC) for an integrity framework for sports ...

Major League Baseball has stressed to the CFTC the need for a safe framework covering sports offerings from prediction ...

Kalshi, which describes itself as “a regulated exchange & prediction market where you can trade on the outcome of real-world ...

As some companies in the so-called “predictions market” have begun to offer event futures contracts on sporting events, including the most ...

Major League Baseball (MLB) has called on the U.S. Commodity Futures Trading Commission ( CFTC) to implement an integrity ...

The CFTC is reviewing the legality of sports event contracts. The post MLB Asks CFTC to Ensure ‘Integrity’ of Bets on ...

Prediction markets are expanding into sports after successfully forecasting the presidential election, but that may not be a ...

FanDuel recently joined the expanding number of gaming stakeholders concerned about the growth of prediction markets. Its ...

Kalshi is under fire from the Nevada Gaming Control Board, as the agency is the first state regulator to take action against the platform.

Nevada has just become the first state in the US to challenge the rapid rise of sports-based “event contracts” offered by ...