Sports Betting Stocks Slide as Prediction Markets Enter the Game
Sports betting stocks are under pressure as prediction markets gain visibility during major events. Here’s what investors and bettors need to know.
Posts by Caleb Tallman
NCAA Urges Federal Pause on College Sports Prediction Markets
The NCAA warns that college sports prediction markets pose integrity and athlete safety risks, calling for stronger federal safeguards.
Massachusetts Court Shuts Down Kalshi Sports Contracts Until Licensed
Massachusetts court bars Kalshi from offering sports contracts without a state license, citing consumer protection and fair competition.
Crypto.com’s Market-Making Hire Sparks Fresh Debate Over Prediction Markets
Crypto.com says internal market making improves liquidity, but critics warn it blurs the line between exchanges and sportsbooks.
FanDuel Predicts Goes Big as Sports Predictions Push Deeper Into the U.S.
FanDuel Predicts now operates in 18 states, including California and Texas, as sports prediction markets push beyond traditional betting.
Gaming Industry Pushes Back as Prediction Markets Face Congressional Scrutiny
Gaming groups are urging lawmakers to act against prediction markets, citing risks from sports events contracts that bypass state and tribal oversight.
