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Online Gaming News
Why prediction markets should, but won't, be outlawed
The rise of prediction markets has sparked legal and ethical questions, and this article explains why a ban remains improbable despite growing concerns. Casino City’s Friday Five: WSOP Main Event and Alberta launch edition Alberta iGaming launched on Monday, and we focused on several topics to help clear up questions that players may have. Elsewhere, the WSOP Main Event final table is officially set. Kalshi launches biotech prediction markets pilot program The markets will create publicly available, accurate probabilities aiming to help solve drug development's information silo problem. Better Markets criticizes CFTC over Kalshi decision The independent, nonprofit organization has accused the Commodity Futures Trading Commission of undermining a Michigan court order after the agency stayed a Kalshi rule change that would have voided and refunded certain sports event contracts. Top 10 facts about Alberta’s iGaming launch Today marks the launch of Alberta’s iGaming market. Many big-name operators are bringing their products to the newly opened market in the Canadian province. Michigan Gaming Control Board reacts to temporary restraining order against Kalshi The order immediately barred the prediction-market platform from offering unlicensed internet sports betting to Michigan residents. Kalshi hit by Michigan with restraining order Michigan Attorney General Dana Nessel secured a temporary restraining order in the Ingham County Circuit Court halting Kalshi from unlawfully offering online sports wagers to Michigan residents. Kalshi and ADI Predictstreet announce strategic partnership This collaboration will expand prediction markets globally, providing billions of fans with new ways to engage with the World Cup. Casino City’s Friday Five: Prediction markets and record gaming revenue edition Prediction markets continue to make big waves in the U.S. as both Novig and ProphetX received approval from the Commodity Futures Trading Commission. Wealthsimple and Kalshi partner to bring prediction markets to Canada Through the app launching this summer, users will have access to approximately 4,000 Kalshi event-based contracts in categories Wealthsimple is authorized to offer in the Canadian market. |
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