FANS LIVING IN STATES THAT DON’T ALLOW GAMBLING MAY SOON BE ABLE TO MAKE MONEY OFF OF GAMBLING PREDICTIONS. THIS WEEK, FANDUEL ANNOUNCED A PARTNERSHIP WITH A CHICAGO DERIVATIVES MARKET. THEY SAID THEY ...
Peer‑to‑peer sports event contracts have surged in popularity. Kalshi, a U.S.-based prediction market, reported that its sports event contracts yielded $249 million through the first two rounds of the ...
Forbes contributors publish independent expert analyses and insights. I write about legal issues in sports and gambling. Rule 40.11(a)(1) imposes a blanket ban on all event contracts involving “gaming ...
Kalshi expanded its “combo” event contracts product to all users Monday in a move that expands the lucrative offerings and raises the stakes on the growing prediction market industry. Key Takeaways ...