CFTC signals new guidance for prediction markets as legal fight with states intensifies Suswati Basu News Editor The U.S. derivatives regulator is preparing new guidance and a formal rulemaking process for prediction markets, as the debate over whether such platforms resemble financial exchanges or gambling continues to escalate. Speaking at a Milken Institute event, … Continue reading CFTC signals new guidance for prediction markets as legal fight with states intensifies
From Trading Places to war markets: how insider trading slipped into prediction platforms Suswati Basu In the 1983 film Trading Places, two wealthy brothers set out to rig the commodities market by getting their hands on a secret government crop report. Eddie Murphy’s character uses that stolen preview to trade ahead of everyone … Continue reading From Trading Places to war markets: how insider trading slipped into prediction platforms
Flutter doubles down on prediction markets despite investor worries about growth Suswati Basu Flutter Entertainment is leaning harder into prediction markets, even as some investors question how much upside the move will really deliver. In its fourth quarter earnings letter to shareholders, the parent company of FanDuel made clear that it plans to … Continue reading Flutter doubles down on prediction markets despite investor worries about growth
The curious case of Michael Selig and his predictions about markets Suswati Basu If there is one thing you can predict with delight these days, it is that Michael S. Selig will write about prediction markets, whether on X or elsewhere, and that something about them will be a bit unpredictable. In … Continue reading The curious case of Michael Selig and his predictions about markets
Super Bowl LX 2026 on prediction markets: what to wager Rachael Davies Suswati Basu The Seattle Seahawks and New England Patriots will go head-to-head in Super Bowl LX, opening up plenty of opportunities to bet via prediction markets. For many, half of the fun of big sporting events like Super Bowl LX … Continue reading Super Bowl LX 2026 on prediction markets: what to wager
Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions Suswati Basu Connecticut Governor Ned Lamont is pushing to tighten oversight of prediction markets, rolling out a bill that would block anyone under 21 from using the platforms or seeing ads aimed at them. The proposal lands as state regulators are already … Continue reading Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions
Underdog launches team parlays to challenge multi-pick sports betting markets trend Brian-Damien Morgan Suswati Basu Betting and stats giant Underdog has launched a new team parlays feature to rival the growing trend of multi-pick wagers on event contracts. A traditional Same Game Parlay (SGP) in the licensed sports betting world includes lines … Continue reading Underdog launches team parlays to challenge multi-pick sports betting markets trend
Crypto.com goes all in on prediction markets with new app OG Sophie Atkinson Suswati Basu A ‘new prediction market experience’ has been launched by Crypto.com, called OG, which aims to give consumers a new way to trade, engage, and climb the leaderboard. The company announced the news on Tuesday (February 3) and … Continue reading Crypto.com goes all in on prediction markets with new app OG
Coalition for Prediction Markets takes out full page advert in Washington Post Sophie Atkinson Suswati Basu The newly formed Coalition for Prediction Markets (CPM) have gone big on the marketing budget, as they share a full page advertisement in the Washington Post. Within it, it reads “CFTC regulated prediction markets (already) ban … Continue reading Coalition for Prediction Markets takes out full page advert in Washington Post
Hawaii lawmakers introduce bill that would ban prediction markets Sophie Atkinson Suswati Basu The House Bill 2198 has been introduced in Hawaii, which would see prediction markets be included in the definition of gambling, making them banned in the US state. The summary of the bill reads as: “Includes prediction … Continue reading Hawaii lawmakers introduce bill that would ban prediction markets
