Underdog, in collaboration with Crypto.com, launches the U.S. sports prediction market, attracting attention with a new compliant betting model.

Underdog and Crypto.com announced a joint launch in the United States of sports event contracts based on a prediction market model, offering users a new betting method compliant with federal regulations. This move will allow players to exchange views on the outcomes of major sports leagues such as t

MegaSportsPro Launches: Introducing a Lottery-Style Progressive Jackpot System for Sports Prediction Competitions

MegaSportsPro officially launched on Labor Day, bringing a unique lottery-style cumulative jackpot experience to sports prediction competitions. This innovative athlete performance competition has now officially started in 24 states in the US, integrating skill-based sports predictions with a built-

Ohio regulators warn: Sports betting operators risk licenses if they enter prediction markets.

Recently, the Ohio Casino Control Commission (OCCC) issued a clear warning to sports betting operators in the state, stating that their gambling licenses could be at risk if they offer prediction market services without permission. This move is seen as a direct response to some operators' recent int

Predicting a New Era for the Market: Waterhouse VC Unveils New Opportunities in the Gambling Industry

Tom Waterhouse of Waterhouse VC suggests that prediction markets are expected to rival sports betting and open up new growth avenues for gambling operators.Prediction markets first gained widespread attention during the US elections in November 2024, when trading volumes surged. The key issue is wh

FanDuel, in partnership with the Chicago Mercantile Exchange Group (CME Group), launches an event-based prediction trading platform.

FanDuel and the Chicago Mercantile Exchange Group (CME Group) announced a partnership to launch a new event-based trading platform in the United States, combining the infrastructure of the derivatives market with FanDuel's extensive customer reach.The platform will offer fully funded contracts, allo

Polymarket Bets on Brazilian Politics: High Probability of Bolsonaro Conviction, Decreased Likelihood of Mourão Impeachment

The online prediction market Polymarket in the United States has once again brought the Brazilian political situation into focus, attracting global users to bet on the country's political uncertainty. As the political fate of Alexandre de Moraes, a justice at Brazil's Supreme Federal Court (STF), an

Cryptocurrency Marketing Meets Sports: WNBA Event Disruption Sparks Gambling Frenzy

In the summer of 2025, a campaign involving cryptocurrency marketing thoroughly disrupted the WNBA series, showcasing the complex intersection of digital assets, sports events, and prediction markets. Initially, it was just sporadic misconduct, but as the event unfolded, it evolved into a well-plann

2028 Presidential Election Preview: JD Vance Leads the Betting Markets, Followed Closely by Newsom and AOC

The latest gambling data shows that U.S. Vice President JD Vance, with a 28% winning rate, has become the most bet-on favorite for the 2028 presidential election, leading potential Democratic competitors such as California Governor Gavin Newsom (15%), Representative Alexandria Ocasio-Cortez (9%), an

Coinbase Launches "Exchange for Everything" Strategy: Evolving from a Crypto Platform to a Global On-Chain Financial Gateway

Coinbase is launching an ambitious transformation plan, preparing to expand its cryptocurrency trading app into an "everything exchange" that covers all categories of on-chain assets. The new platform will offer tokenized real assets, stocks, derivatives, prediction markets, and early token sales se

Prediction Markets: The Future or Gambling?

What is the difference between prediction markets and gambling?

Market predictions spark tribal and federal regulatory power struggle, intense confrontations at NCLGS conference.

At the NCLGS (National Council of Legislators from Gaming States) summer meeting held in Louisville in July, the discussion on the regulation of prediction markets became a focal point. Particularly, the debate over whether sports event contracts should be regulated by the Commodity Futures Trading

Decentralized prediction platform Polymarket plans to complete a $200 million financing, with its valuation soaring to $1 billion, entering the ranks of "unicorns".

According to Reuters, citing sources familiar with the matter, the decentralized prediction market platform Polymarket is close to completing a funding round of up to $200 million. Once completed, the company's valuation will reach approximately $1 billion, officially entering the "unicorn" status.T

Event-driven trading heats up, Kalshi raises $185 million with a valuation of $2 billion, Polymarket also set to complete massive fundraising.

Driven by legal developments and the market's growing interest in predictive trading, the US event contracts trading platform Kalshi announced the completion of a $185 million Series C funding round, with a post-money valuation of $2 billion. This round was led by Paradigm, with participation from S

Kalshi's valuation surpasses $2 billion, igniting a new trend in the "prediction market" with its fundraising.

The American prediction market platform Kalshi recently completed a new Series C funding round, raising a substantial $185 million, which boosted its valuation to $2 billion, making it one of the most notable "unicorns" in the field. This funding round was led by Paradigm, a venture capital firm foc

Musk Upgrades X Vision: Social Giant Transforms into Financial and Predictive Technology Platform

X (formerly known as Twitter) is gradually expanding its social media platform capabilities into the trade and investment sectors, as part of Elon Musk's vision to transform it into an "all-in-one app". Linda Yaccarino, CEO of X, stated at the Cannes Lions International Festival of Creativity that X