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Prediction markets closed out Consensus Miami 2026 as the subject of a live debate on whether they are regulated financial derivatives or gambling products operating outside state law. Prediction markets closed out Consensus Miami 2026 on Thursday as the subject…
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Kalshi is temporarily banned in Nevada after a judge sided with regulators, ruling that its event contracts violate state gambling laws.
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Kalshi’s CEO has defended the company’s handling of its market on whether Iran’s Supreme Leader, Ali Khamenei, would be “out” of power, after backlash from users who accused the platform of unfair settlement practices. In a detailed post on X,…
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The Nevada Gaming Control Board has filed a civil enforcement action against KalshiEX LLC, accusing the federally regulated prediction market of offering unlicensed wagering in the state. Nevada moves to block Kalshi’s event trading In a complaint filed in Carson…
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Kalshi is moving deeper into the sports insurance market after announcing a partnership with sports insurance broker Game Point Capital, according to comments from CEO Tarek Mansour. The collaboration targets the fast-growing sports insurance and reinsurance industry, currently valued at…
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Connecticut has taken action against several major trading platforms after finding that their sports-related markets crossed a legal line. Connecticut moved to block several fast-growing prediction market platforms from offering sports-related contracts in the state, setting up the latest clash…
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ZK Casino has resurfaced with an unexpected update after months of silence surrounding its collapsed project. ZK Casino is moving forward with slow, partial repayments in one of crypto’s most drawn-out collapse disputes. The update was shared by the project’s…
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Romania's regulators argue that while Polymarket promotes itself as an “event trading platform,” its structure constitutes counterparty betting.
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Blockchain prediction platform Polymarket is set to disrupt the U.S. sports betting market, with stocks already reacting. Polymarket is planning its U.S. return, with its eyes on the sports betting market. On Tuesday, October 28, Bloomberg reported that the prediction…
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BONK.fun partnered with streaming platform Kick to integrate their streaming services.
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Max Keiser said young generation lives in 'Casino Gulag'
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Polymarket is returning to the U.S. after closing a $112 million acquisition of QCEX, a derivatives exchange and clearinghouse licensed by the Commodity Futures Trading Commission. The deal, announced July 21, grants Polymarket access to a fully regulated path back…
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New data shows crypto gambling is booming, with $81.4 billion in gross gaming revenue last year, despite being illegal in most regions. Crypto casinos have experienced explosive growth, with 2024 wagers generating over $81.4 billion in gross gaming revenue, a…
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Sports Illustrated is launching a new prediction market platform in partnership with U.K.-based media firm Galactic. The platform, called SI Predict, will allow users to place bets on sports-related events without wagering on the actual outcomes of games. SI Predict…
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The crypto market is thriving, but meme coins dominate trading volumes. Are they fueling mass adoption or steering the industry toward a short-term, casino-like mentality? Experts weigh in. Hype, politics, and billions Meme coins are no longer a fringe element…
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Traders betting on Bitcoin’s surge to the $100,000 mark have been liquidated on the market prediction platform Polymarket. Bitcoin (BTC) rallied to an all-time high of $99,655 on Nov. 22, increasing the chances of breaking the $100,000 barrier to 91%,…
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