Prediction market news and analysis across both regulated and grey markets, focusing on the licences, partnerships and product launches that show where event betting sits within the wider gambling sector. We follow the growth of new platforms, the response from regulators and the shifts traditional sportsbooks make as prediction markets edge into the iGaming mainstream.
Kansspelautoriteit has ordered prediction market platform Polymarket to immediately cease all operations in the country.
Legislative testimony and industry estimates put unregulated wagering by Wisconsin residents at around $1 billion in 2024.
The prediction market platform has 30 days from 6 February to comply with the order requiring it to cease...
The expansion adds sports including soccer, MMA, golf, boxing, tennis, and Olympic Games to the platform.
The Board has deemed Coinbase's event contract offerings unlawful in Nevada and in violation of state gaming laws.
The regulator views prediction markets as functionally identical to betting exchanges that have operated since 2000.
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