Novig Introduces Responsible Trading Framework Amidst Gen Z Betting Surge
Novig has become the first prediction market operator to integrate a broad responsible trading framework directly into its Commodity Futures Trading Commission (CFTC)-regulated exchange rules. Announced Thursday, the framework mandates...
Marcus ChenAugust 24, 2026⏱ 6 min read
Trump Media Halts Truth Social Prediction Market Plans
Trump Media has dropped its plans to launch a prediction market on its social media platform, Truth Social. Instead, it’s…
Nevada Regulators Push for Fines Against Kalshi Over Geofencing Failures
The Nevada Gaming Control Board (NGCB) has reignited a battle in state court with Kalshi, accusing the company of failing…
CFTC Schedules Meeting to Address Prediction Market Regulation
The Commodity Futures Trading Commission (CFTC) plans to explore prediction market regulation at its Innovation Advisory Committee meeting scheduled for…
FanDuel Scrutinized Over Selective Congressional Responses
FanDuel managed to address some concerns ahead of an August 24 deadline imposed by three members of Congress, but left…
CFTC Warns Prediction Markets on Use of Sportsbook Odds
The Commodity Futures Trading Commission (CFTC) recently reminded prediction markets that using American sportsbook-style odds for event contract prices could…
Genius Sports Increases Revenue Forecast Amidst Prediction Market Growth
Genius Sports has raised its financial outlook for 2026, citing heightened performance in prediction markets that bolstered its second-quarter results.…
Congress Grills MLB Over Bryce Harper FanDuel Controversy
Three U.S. lawmakers have demanded accountability from Major League Baseball (MLB), its players union, and FanDuel after a personalized video…
FanDuel Parent Flutter Announces CEO Transition as Guidance Cut Again
Flutter Entertainment has announced a major leadership shake-up alongside its second guidance reduction this year. Peter Jackson, the current CEO,…
Analysts Trim Flutter Targets Amid Increased FanDuel Promotional Spend
Analysts have adjusted their expectations for Flutter Entertainment, lowering price targets due to increased promotional spending with its US arm,…
Novig Debuts U.S. Prediction Markets, Sues New York for Regulatory Blocking
Novig launched its sports event trading platform nationwide while simultaneously suing New York to protect its operations from state gambling…
Penn Entertainment Adopts Cautious Marketing Strategy for Sports Betting
Penn Entertainment has decided to step back from the aggressive promotional spending seen among other sportsbook operators this football season.…
Penn Entertainment Braces for Competitive Football Season Promo Battle
Penn Entertainment is gearing up for an intense promotional battle this football season, as the first full NFL and college…
New Colorado Sports Betting Rules Take Effect Wednesday
A new Colorado law will restrict credit card use and limit daily deposits for sports bettors starting Wednesday. This follows…
Kalshi Challenges New York Lawsuit, Defends Product Regulation
A Kalshi executive took to Bloomberg TV this week as the company navigates a lawsuit from New York that could…
