Tag Archives: Prediction

Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions

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

Coalition for Prediction Markets takes out full page advert in Washington Post

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

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

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