Prediction Markets News
Latest articles and news about Prediction Markets on AXL Media.
Latest Articles
- Iowa Lawmakers Pass Strict Enforcement Bill Targeting Sweepstakes Casinos and Unlicensed Fantasy Sports Platforms
Published: Apr 29, 2026
Section: Online Gambling
The Iowa legislature has approved a new enforcement measure granting regulators the authority to issue cease and desist orders against unlicensed sweepstakes and fantasy sports ope...
- CFTC Sues Wisconsin as Federal Authorities Escalate Legal Battle Over Prediction Market Jurisdiction
Published: Apr 29, 2026
Section: Online Gambling
The Commodity Futures Trading Commission has filed a federal lawsuit against Wisconsin to block state enforcement of gambling laws against event contract platforms. This litigation...
- BetHog CEO Nigel Eccles Warns of Ethical Risks as Prediction Markets Disrupt Gaming Industry
Published: Apr 29, 2026
Section: Online Gambling
BetHog CEO and FanDuel co-founder Nigel Eccles detailed his strategy for AI-driven dealer platforms while criticizing the ethical marketing practices of modern prediction market op...
- Robinhood Hits Record Prediction Market Volume Amid Q1 Earnings Miss and Crypto Downturn
Published: Apr 29, 2026
Section: Online Gambling
Robinhood reported a record 8.8 billion event contracts traded in Q1 2026, marking a significant shift as prediction markets become a core engagement driver. Despite this milestone...
- Ohio Senator Introduces SB430 to Regulate and Tax Prediction Market Sports Contracts
Published: Apr 28, 2026
Section: Online Gambling
Senator Bill DeMora filed Senate Bill 430 on Monday to subject prediction markets offering sports contracts to Ohio betting regulations and taxes. The move seeks to establish a sta...
- Sportradar CEO Defends Rigorous Compliance as Shadow Market Allegations Overshadow Q1 Earnings Miss
Published: Apr 28, 2026
Section: Online Gambling
Sportradar Group AG released Q1 2026 results that fell short of analyst forecasts, recording a €6 million net loss primarily due to the costs of integrating IMG Arena. However, the...
- CFTC and Prediction Market Operators Launch Legal Offensive Against State Enforcement in Multistate Battle
Published: Apr 27, 2026
Section: Online Gambling
The Commodity Futures Trading Commission and major prediction market operators escalated legal efforts on April 24 to assert federal jurisdiction over event contracts. Despite fili...
- Science Journal Authors Warn Prediction Markets Threaten Democratic Integrity and Public Health Systems
Published: Apr 27, 2026
Section: Online Gaming
Researchers Nizan Geslevich Packin and Sharon Rabinovitz argue in a new Policy Forum that commercial prediction platforms leverage addictive designs and regulatory gaps. The author...
- Circuit Split Looms as Ninth Circuit Weighs Legality of Prediction Market Sports Contracts
Published: Apr 25, 2026
Section: Online Gambling
A pivotal legal battle in San Francisco could send the regulation of prediction markets to the US Supreme Court. Following a 150-minute hearing before the Ninth Circuit, judges are...
- Regulating Information: Are Prediction Markets Navigating a Path Already Mapped by Sports Betting?
Published: Apr 25, 2026
Section: Online Gambling
A growing regulatory debate highlights the tension between emerging prediction markets and established sports betting frameworks regarding event integrity and insider trading. New...
- US Senate Candidate Mark Moran Admits Baited Kalshi Betting Violation to Trigger Enforcement
Published: Apr 24, 2026
Section: Online Gambling
Virginia Senate candidate Mark Moran intentionally violated prediction market rules by wagering on his own race to test the platform’s oversight. Kalshi issued a $6,229.30 fine and...
- Trump Distances Himself From Prediction Markets Despite Active Administration Support and Family Ties
Published: Apr 24, 2026
Section: Online Gambling
During an Oval Office press conference, President Trump expressed conceptual disapproval of prediction markets, comparing the global betting landscape to a "casino." These remarks...