"Prediction Markets" Tag Results

DraftKings Maps Out Nationwide Growth Plan with New Super App

DraftKings is repositioning itself for the next phase of growth in the United States real-money gambling. Company leadership says the total addressable market could reach between $55 billion and $80 billion in annual gross revenue by 2030, driven by continued state legalization, expansion in existing markets, and the rollout of new product formats. At the […]

By Kevin Parker

Forbes Experiments with Prediction-Style Engagement

Forbes is testing a new way to keep readers engaged, borrowing ideas from prediction markets without stepping into gambling or wagering. The media company has introduced ForbesPredict, a token-based forecasting tool designed to make news consumption more interactive rather than to offer real-money bets. For casino and sportsbook enthusiasts, the distinction between what is on […]

By Kevin Parker

Tennessee Joins Growing List of States Targeting Prediction Market Operators

Tennessee has become the latest state to push back against prediction markets, issuing cease-and-desist orders that underscore the widening regulatory challenges facing the fast-growing sector. The Tennessee Sports Wagering Council (SWC) confirmed it has instructed Crypto.com, Polymarket, and Kalshi to immediately halt operations involving Tennessee customers. The regulator has ordered the platforms to void any […]

By Kevin Parker

AGA Takes Stand Against Sports Prediction Markets

The rapid expansion of prediction markets into sports-related contracts has prompted a forceful response from the American Gaming Association. In fact, it has begun campaigning publicly against what it sees as an unregulated form of sports betting. In recent weeks, the AGA has purchased advertising space on social media platforms and YouTube to raise awareness […]