Alex Kane, CEO of Sporttrade, deeply explored the integration of prediction markets and sports betting from a philosophical perspective in a recent webinar, highlighting the potential strategic role of tribes in this field. He analyzed the emerging field with a gentle yet sharp perspective, noting t
The U.S. Commodity Futures Trading Commission (CFTC) this week voluntarily withdrew its appeal against the Kalshi exchange, marking an official end to its policy of cracking down on election betting. This move not only represents a significant shift in regulatory attitudes but also signals the gradu
The American prediction market trading platform Kalshi has officially launched a single-game trading market for Major League Baseball (MLB), allowing users to trade on the outcome of each game. Following the recent launch of NBA playoff contracts, this marks an acceleration in Kalshi's strategic dep
The challenges traditional casinos face from illegal gambling, offshore websites, lottery casinos, and so-called "prediction markets" seem to be intensifying, as the debate over whether legal iGaming sites might erode the revenue of physical casinos continues.At the 28th East Coast Gaming Congress h
The decentralized prediction market Polymarket has recently been embroiled in controversy due to a bet involving Trump and Ukraine mineral trade. The market has accumulated a trading volume of over 7 million USD, but the final settlement results, dominated by whale voting, have sparked intense comm
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