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The litigants disagreed about whether sports event contracts on prediction markets are contrary to the public interest.
SportsLine expert Jimmie Kaylor has locked in his Super Bowl 60 futures picks, best bets ahead of the 2025 NFL season ...
Well, this is a little crazy. Brock Purdy is willing to go to an extreme to win a Super Bowl with the San Francisco 49ers in 2025. Purdy appeared as a guest on ...
Twelve teams have never won the Super Bowl. Will we see a new champion in 2026? Let's take a look at the odds for these ...
Kalshi raised $185M at a $2B valuation amid explosive growth in sports prediction markets, now it's core business though largely unregulated.
Polymarket, a crypto prediction market platform, is on the verge of closing a $200 million raise that would value the company at $1 billion.
One of the five CFTC commissioner seats currently sits empty, meaning it cannot make majority rules on critical aspects of market regulation.
The CFTC hasn’t explicitly stated it’s in favor of sports-outcome markets, but hasn’t asked Kalshi to stop offering them, either.
The backlash comes a month after Kalshi began offering Super Bowl, March Madness, and other sports options for its trading community.
Congresswoman Dina Titus (D) announced in a tweet she sent the letter due to concerns about legalizing prediction markets on sports contracts.
The CFTC considered blocking Kalshi’s Super Bowl trading contracts in the days leading up to the big game.
According to reports from CoinDesk, Polymarket saw historic action, receiving $1.1 billion in bets on Super Bowl LIX's outcome, where the Philadelphia Eagles defeated the Kansas City Chiefs 40-22 ...
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