Tag Archives: Prediction

Coalition for Prediction Markets backs Rep. Ritchie Torres’s Bill against insider trading

Coalition for Prediction Markets backs Rep. Ritchie Torres’s Bill against insider trading Sophie Atkinson   Suswati Basu     The Coalition for Prediction Markets has shown support for Representative Ritchie Torres’s effort to strengthen integrity in the sector. It was in early January when the Congressman announced he would be introducing a bill called the … Continue reading Coalition for Prediction Markets backs Rep. Ritchie Torres’s Bill against insider trading

Polymarket launches real estate and housing prediction markets onto platform via Parcl

Polymarket launches real estate and housing prediction markets onto platform via Parcl Sophie Atkinson   Suswati Basu     Polymarket is entering into a new world as it signs a partnership with Parcl to bring real estate and housing prediction markets to life. The duo will see Parcl’s daily housing prices indices brought into a … Continue reading Polymarket launches real estate and housing prediction markets onto platform via Parcl

Coinbase agrees to acquire The Clearing Company to expand prediction markets offering

Coinbase agrees to acquire The Clearing Company to expand prediction markets offering Suswati Basu     Coinbase is buying The Clearing Company, a startup that focuses on prediction markets, as the crypto exchange looks to broaden its lineup of regulated, onchain products tied to real-world events. The deal comes shortly after Coinbase rolled out prediction … Continue reading Coinbase agrees to acquire The Clearing Company to expand prediction markets offering

CFTC issues no-action letters to four prediction markets

CFTC issues no-action letters to four prediction markets Joel Loynds   Suswati Basu     The Commodities Futures Trading Commission (CFTC) has issued no-action letters to four different prediction markets. In a public announcement, the CFTC said it would give the all clear for “swap data reporting and recordkeeping regulations in response to requests from … Continue reading CFTC issues no-action letters to four prediction markets

Could prediction markets replace political polls? ‘Maybe yes, maybe no’

Could prediction markets replace political polls? ‘Maybe yes, maybe no’ Rachael Davies   Suswati Basu     As prediction markets offer contracts in more and more areas, are they starting to encroach on the role that opinion polls currently serve in politics? Pre-election polls are often referenced in the build-up to major elections, offering a … Continue reading Could prediction markets replace political polls? ‘Maybe yes, maybe no’

Maryland becomes latest state to warn licensees about prediction markets

Maryland becomes latest state to warn licensees about prediction markets Sophie Atkinson   Suswati Basu     Maryland has become the latest state to warn licensees about offering prediction markets, as it joins a growing list of state regulators. On Wednesday (November 19), the Maryland Lottery and Gaming Control Commission sent a notification to its … Continue reading Maryland becomes latest state to warn licensees about prediction markets

FanDuel Predicts debuts as CME partnership pushes prediction markets mainstream forward

FanDuel Predicts debuts as CME partnership pushes prediction markets mainstream forward Rachael Davies   Suswati Basu   Gambling giant FanDuel is entering the world of prediction markets with a new app, FanDuel Predicts, launched through a partnership with derivatives marketplace CME Group. FanDuel has announced that it will launch a prediction markets app called FanDuel … Continue reading FanDuel Predicts debuts as CME partnership pushes prediction markets mainstream forward

ProphetX applies to the CFTC to launch a new prediction market

ProphetX applies to the CFTC to launch a new prediction market Suswati Basu     ProphetX has applied to the U.S. Commodity Futures Trading Commission (CFTC) to enter the bustling world of prediction markets. The brand, formerly operating as Prophet Exchange and known for its sweepstakes model across dozens of states, had investors including MIXI … Continue reading ProphetX applies to the CFTC to launch a new prediction market

Sleeper accuses CFTC of “illegal delay” to prediction markets application

Sleeper accuses CFTC of “illegal delay” to prediction markets application Graeme Hanna Sleeper Markets LLC, the entity operator of the popular fantasy sports app Sleeper, has publicly accused the U.S. Commodity Futures Trading Commission (CFTC) of an “illegal delay” on its application to register as a Futures Commission Merchant (FCM). This registration is an essential … Continue reading Sleeper accuses CFTC of “illegal delay” to prediction markets application