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News for tag: "betting"
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Connecticut Regulators Crack Down: Kalshi, Robinhood, Crypto.com Ordered to Halt Sports Betting Markets
04.12.2025 01:48
Connecticut banking authorities have issued cease-and-desist orders to three prominent financial platforms—Kalshi, Robinhood, and Crypto.com. The state\'s Department of Banking alleges these compani...
Bullish
Fanatics Sportsbook Expands into US Prediction Markets with Live App in 10 States
04.12.2025 00:48
Sports merchandise giant Fanatics has officially launched its prediction market platform, making its new app available to users in ten US states. This strategic move marks Fanatics\' significant entry...
Bullish
Kalshi Launches Tokenized Event Betting Platform on Solana (SOL) Blockchain
01.12.2025 23:48
Prediction market platform Kalshi has expanded its offerings by launching a new platform for tokenized event bets on the Solana blockchain. This move leverages Solana\'s high-speed and low-cost infras...
Bearish
Polymarket Trader Loses $1M on NYC Election Bet Against Mamdani | Prediction Market Analysis
05.11.2025 08:48
A major Polymarket speculator suffered nearly $1 million in losses after incorrectly betting against Zohran Mamdani in the New York City Democratic primary elections. The massive loss occurred on Poly...
Neutral
Dutch Election Prediction Markets Show Major Forecasting Errors in Political Betting
30.10.2025 12:48
Recent analysis reveals significant miscalculations in prediction market betting on Dutch election outcomes. Market participants demonstrated substantial forecasting inaccuracies, highlighting the vol...
Neutral
Kalshi Prediction Market Challenges NY Regulator in Legal Battle Over Sports Betting Contracts Ban
28.10.2025 13:48
Prediction market platform Kalshi has initiated legal proceedings against New York financial regulators regarding the prohibition of sports-related contracts. The lawsuit addresses regulatory restrict...
Bullish
NHL Partners With Kalshi and Polymarket in Historic Prediction Markets Deal: Crypto Integration
22.10.2025 17:57
The National Hockey League has established groundbreaking partnerships with prediction market platforms Kalshi and Polymarket, marking a significant milestone for crypto integration in professional sp...
Neutral
Norwegian Authorities Investigate Suspicious Polymarket Bets on Nobel Peace Prize Winner
11.10.2025 17:51
Norwegian authorities are investigating potential information leaks after significant betting activity occurred on Polymarket regarding the Nobel Peace Prize outcome just hours before the official ann...
Bullish
Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets Globally to 140 Countries
10.10.2025 16:54
Online prediction market platform Kalshi has secured over $300 million in funding at a $5 billion valuation, signaling prediction markets\' entry into financial mainstream according to New York Times ...
Neutral
Polymarket Predicts Extended U.S. Government Shutdown Impacting Bitcoin (BTC) Rally
06.10.2025 10:48
Polymarket bettors are wagering that the U.S. government shutdown will persist until October 15, with a high probability of resolution within a month. Bettors assign a 72% likelihood to the government...