FanDuel Predicts Launches In December, But With Consequences

FanDuel Predicts Launches In December, But With Consequences

FanDuel announced they will launch FanDuel Predicts, a prediction market platform catering to states without a locally-regulated sports betting industry. As a result, FanDuel won’t be able to operate in Nevada since state regulators regard prediction markets as “unlawful”. The FanDuel Predicts App is set … Read more

Prediction Market Woes: Will Super Bowl 59 Bets Be Voided?

Prediction Market Woes: Will Super Bowl 59 Bets Be Voided?

The CFTC is cracking down on sports-related prediction markets, forcing Robinhood Derivatives to halt its Super Bowl betting contracts and investigating platforms like Crypto.com and Kalshi. If the CFTC rules against these platforms, bettors could see their Super Bowl 59 wagers frozen, refunded, or voided … Read more