Bipartisan Senate bill looks to ban sports related Prediction Markets
The Prediction Markets Are Gambling Act would prohibit listing a contract that closely resembles a sports bet or a casino-style game.
sports betting
CFTC and Major League Baseball cooperate on Prediction Markets
The MOU establishes a framework for the CFTC and MLB to protect the integrity of professional baseball and the relating Prediction Markets.
Robinhood adding parlay “combos” and player prop bets to Event Contracts lineup
Most of the additions center around betting on NFL Football games and players, in a variety of parlays and prop bet combinations.
CME and FanDuel to launch sports Event Contracts trading in December
The FanDuel Predicts app will provide access to sports event contracts across baseball, basketball, football, and hockey.
Exclusive: Robinhood adding 100+ Event Contracts in coming weeks covering Politics, Sports
Robinhood plans to add 100+ new Event Contracts across sports, politics, economics, business, culture, and more.
Robinhood pushes against Indian tribes’ motion for preliminary injunction against Kalshi
Robinhood Derivatives, LLC and Robinhood Markets, Inc. have a filed their response to the motion by three Indian tribes for a preliminary injunction against Kalshi.
Robinhood seeks to prevent Massachusetts authorities from enforcing law against it
Robinhood Derivatives, LLC is seeking to enjoin Massachusetts regulators from enforcing preempted Massachusetts law against the company.
Indian tribes seek to enjoin Kalshi from offering sports contracts on their lands
Three Indian tribes have moved for a preliminary injunction against Kalshi Inc. and KalshiEX LLC.
Indian Tribe Ho-Chunk Nation sues Robinhood, Kalshi for illegal sports gambling
The Ho-Chunk Nation is seeking a permanent injunction against Robinhood and Kalshi to prevent them from engaging in illegal sports gambling.
Robinhood ups Sports Betting adding NFL and College football Event Contracts
Since first launching prediction markets at the end of last year there have been more than 2 billion contracts traded on Robinhood.
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