Tag Archives: Market

Gov. Hochul bans insider prediction market trades for New York State workers

Gov. Hochul bans insider prediction market trades for New York State workers Suswati Basu     New York Gov. Kathy Hochul has signed an executive order blocking state workers from using confidential government information to make money on prediction markets, calling the practice a threat to public trust. The order was signed on Wednesday (April … Continue reading Gov. Hochul bans insider prediction market trades for New York State workers

DraftKings Alberta entry signals Canada gambling market legal shift ahead

DraftKings Alberta entry signals Canada gambling market legal shift ahead Suswati Basu     DraftKings is lining up for Alberta, and the timing says as much as the announcement itself. The company disclosed on Thursday (April 16) that it plans to bring its sportsbook and casino products to the province, subject to licensing. Alberta is … Continue reading DraftKings Alberta entry signals Canada gambling market legal shift ahead

Tennessee advances felony bill targeting prediction market manipulation amid legal fights

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

Minnesota lawmakers push felony ban on prediction market betting platforms

Minnesota lawmakers push felony ban on prediction market betting platforms Suswati Basu     Minnesota lawmakers from both parties are moving ahead with a bill that would outlaw most forms of betting on prediction markets, adding steep criminal penalties for companies and individuals tied to the fast-growing space. Originally filed on March 17, Senate Bill … Continue reading Minnesota lawmakers push felony ban on prediction market betting platforms

Bipartisan House bill seeks to curb officials’ prediction market trading

Bipartisan House bill seeks to curb officials’ prediction market trading Jacob Woodward     Two House lawmakers from opposite parties are pushing new legislation they say would stop federal officials from cashing in on inside knowledge through prediction markets. Rep. Adrian Smith, a Republican from Nebraska, and Rep. Nikki Budzinski, a Democrat from Illinois, introduced … Continue reading Bipartisan House bill seeks to curb officials’ prediction market trading

Prediction market ads surge as March Madness betting hits record levels

Prediction market ads surge as March Madness betting hits record levels Suswati Basu     Legal sports wagering in the United States keeps expanding as the NCAA basketball tournaments approach, but the industry’s main trade group says a new wave of prediction market advertising could complicate oversight and weaken consumer protections. Fresh estimates from the … Continue reading Prediction market ads surge as March Madness betting hits record levels

Kalshi sues Iowa officials claiming federal authority over prediction market contracts

Kalshi sues Iowa officials claiming federal authority over prediction market contracts Suswati Basu     A federally regulated prediction market is taking Iowa officials to court, arguing the state is threatening to crack down on trading activity that federal law already oversees. Kalshi, a New York–based derivatives exchange, filed a complaint in the U.S. District … Continue reading Kalshi sues Iowa officials claiming federal authority over prediction market contracts

RAMaggedon not expected to ease this year as IDC cuts 2026 PC market forecast again

  RAMaggedon not expected to ease this year as IDC cuts 2026 PC market forecast again Good luck if you’re in the market for a new computer any time soon. Anna Washenko   Thu, March 12, 2026 IDC We’ve been seeing all sorts of warnings about how RAMaggedon is nigh. The latest horseman signalling a … Continue reading RAMaggedon not expected to ease this year as IDC cuts 2026 PC market forecast again

Underdog buys Aristotle exchange licenses to launch US sports prediction market

Underdog buys Aristotle exchange licenses to launch US sports prediction market Suswati Basu     Underdog is moving deeper into prediction markets after buying two federally regulated exchange entities, a step that will allow the sports gaming company to operate its own U.S. marketplace for event-based contracts. The New York-based firm said Monday (March 9) … Continue reading Underdog buys Aristotle exchange licenses to launch US sports prediction market