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Prediction markets have gained in popularity, but many sports fans are still new to the product. Check out prediction market terminology introduction.
A second potential path has appeared for the prediction market fracas to reach the Supreme Court, but that's not the only legal development this week. A lot can happen in a week.
Platforms like Polymarket and Kalshi are surging in popularity
The state was the first to pass a law banning Kalshi and Polymarket. A lawsuit filed by a federal agency may set a precedent on who gets to regulate them.
ESMA also asks why Kalshi and Polymarket block some EU countries but not others, and notes VPNs get around the blocks.
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Election officials ban certain public workers from trading on prediction markets ahead of midterms
Ahead of the midterms, election officials ban certain workers from using prediction markets to reassure the public they are committed to election integrity.
The election campaign underway in Quebec may have given the online gambling industry a chance to get its foot in the door.
Christian Genetski says FanDuel can benefit from prediction markets regardless of how the legal battle over sports event contracts plays out.