Tennessee advances felony bill targeting prediction market manipulation amid legal fights Suswati Basu Tennessee lawmakers are pushing ahead with legislation that would make it a felony to try to sway the outcome of events tied to prediction market conduct when money is on the line. The state Senate signed off on Senate Bill … Continue reading Tennessee advances felony bill targeting prediction market manipulation amid legal fights
FanDuel to shutter TV network and Picks platform amid strategy shift Suswati Basu Flutter Entertainment is moving to close down FanDuel TV and discontinue its FanDuel Picks product. A company spokesperson confirmed details to ReadWrite, previously reported by the Paulick Report, saying the television network will be phased out gradually, with more than … Continue reading FanDuel to shutter TV network and Picks platform amid strategy shift
Kalshi reportedly raises $1B at $22B valuation in funding amid regulatory pressure Suswati Basu Kalshi is said to have pulled in more than $ 1 billion in a fresh funding round, pushing its valuation up to about $ 22 billion, according to sources cited by The Wall Street Journal. This appears to be … Continue reading Kalshi reportedly raises $1B at $22B valuation in funding amid regulatory pressure
Construction resumes at Wynn Al Marjan Island resort project in UAE amid Iran tensions Suswati Basu Wynn Resorts says work has restarted on its massive resort development on Al Marjan Island in the United Arab Emirates after a brief slowdown, as the company keeps a close watch on regional tensions while maintaining safety … Continue reading Construction resumes at Wynn Al Marjan Island resort project in UAE amid Iran tensions
Regulators spotlight Kalshi insider trading cases amid criticism Suswati Basu Federal regulators and prediction-market exchange Kalshi are drawing attention to a pair of insider-trading cases, saying the actions show event-based markets are subject to the same rules as traditional derivatives platforms. The rollout, however, quickly met pushback from a journalist who argued that … Continue reading Regulators spotlight Kalshi insider trading cases amid criticism
Gemini Titan prepares federally compliant prediction market expansion amid corporate turmoil Suswati Basu Gemini may be getting ready to deepen its push into regulated event-based trading through its affiliated platform, Gemini Titan. A recent regulatory filing submitted to the U.S. Commodity Futures Trading Commission, along with internal compliance documents, lays out how the … Continue reading Gemini Titan prepares federally compliant prediction market expansion amid corporate turmoil
December 19, 2025 UnitedHealth vows to be a better company amid layoffs
This holiday season is full of mixed signals — sales are breaking records, but shoppers are holding back, and marketers are caught in the middle. Constantine von Hoffman on November 21, 2025 This holiday season, marketers are staring down a paradox that’s hard to ignore: Consumers are feeling cautious, cutting back and worried about … Continue reading Marketers navigating low consumer confidence amid high holiday sales
DraftKings and ESPN pact spotlights upcoming Predictions launch amid improved quarterly results Sophie Atkinson Suswati Basu DraftKings and ESPN made their new agreement public on Thursday (November 6) as the broadcaster replaced PENN Entertainment with DraftKings as the exclusive ‘Official Sportsbook and Odds Provider.’ The partnership means fans will be able to … Continue reading DraftKings and ESPN pact spotlights upcoming Predictions launch amid improved quarterly results
NBA memo issued to all teams details integrity concerns amid gambling scandal Graeme Hanna The NBA has issued an urgent memo to all 30 teams stressing that “more can be done” to protect the integrity of the game, following the gambling scandal that has rocked the league. Miami Heat guard Terry Rozier, … Continue reading NBA memo issued to all teams details integrity concerns amid gambling scandal
