Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between traders who ...

Trading platform Robinhood on Monday launched a prediction markets hub in its app that allows customers to trade on event ...

The concerns from the head of the AGA echo comments the industry group has made to the CFTC, which has become a de facto regulator of sports wagering with the launch of sports event contracts by ...

Major League Baseball sent a letter to acting chairman Caroline D. Pham of the Commodity Futures Trading Commission (CFTC) ...

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 ...

Prediction market exchange Kalshi is now offering events contracts akin to single-event sports contracts ahead of March Madness. March Madness is America’s largest single-elimination tournament ...

Robinhood is partnering with prediction market operator Kalshi to offer contracts for March Madness games beginning Monday.

The Webull brokerage platform has partnered with the Kalshi prediction market to offer Kalshi’s event contracts to users directly on its trading platform. According to a Feb. 12 announcement ...

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 ...

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 ...