Unlike gambling, where bets are placed against the house, event contracts function as a marketplace between traders. Such ...
Event contracts are gaining traction as a new asset class, drawing attention from traders and sparking debate over their ...
(Reuters) -Trading platform Robinhood on Monday launched a prediction markets hub in its app that allows customers to trade ...
The sports betting industry is also waiting on bated breath for the latest regulatory developments in Washington on so-called event contracts. The contracts offered on prediction markets such as ...
As some companies in the so-called “predictions market” have begun to offer event futures contracts on sporting events, including the most recent Super Bowl, many observers are questioning ...
Major League Baseball sent a letter to acting chairman Caroline D. Pham of the Commodity Futures Trading Commission (CFTC) ...
A New York-based company has until Friday afternoon to stop offering its “event-based contracts” in Nevada before state authorities turn to prosecuting it and its top executives. The Nevada ...
That likely played into why the Nevada Gaming Control Board sent Kalshi a cease-and-desist letter Tuesday, calling the company’s events-based contracts unlawful in the state. The American Gaming ...
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