cointelegraph.com
City of Baltimore Goes After Prediction Markets for Sports Betting
The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws.
Sports Betting
Stories tagged “Sports Betting.”
7 stories
theguardian.com
Will prediction market ‘catch fire’ in UK, replicating US boom?
Online betting platforms like Polymarket are increasingly popular on both sides of the Atlantic, with UK gamblers easily able to sidestep regulation.
fool.com
Rush Street CFO Sells $725,200 in Stock After a 114% Rally
Rush Street Interactive's CFO, Kyle Sauers, sold 23,000 shares of Class A Common Stock for $725,200 under a Rule 10b5-1 trading plan. This sale represents a routine portfolio adjustment, leaving Sauers with 652,526 shares. The company has seen a 114% return over the past …
coindesk.com
Kalshi and Polymarket Could Become M&A Targets as Prediction Markets Consolidate: Bernstein
Bernstein says prediction market consolidation could lead to M&A across sports betting and financial markets. Kalshi and Polymarket may become acquisition targets.
cointelegraph.com
Kalshi in Early IPO Talks with Investment Banks: Report
Kalshi is in early talks with investment banks for an IPO, despite regulatory scrutiny over sports betting contracts. The platform has surpassed $2 billion in annualized revenue.
decrypt.co
Someone Just Lost $1 Million on Polymarket Over Spain World Cup Shocker
A Polymarket trader lost $1 million betting on Spain to win against Cape Verde in the World Cup. The trader's bet was on Spain to beat Cape Verde, but the match ended in a 0-0 draw.
decrypt.co
World Cup Could Bring Billions in Volume to Prediction Markets in 'Watershed Moment': Bernstein
Bernstein says the 2026 World Cup could drive up to $10 billion in betting and prediction-market volume and accelerate the sector's growth.