5313 stories by Todd Shriber
Rep. Hamadeh Says CNN/Kalshi Deal Threatens ‘Market Integrity, National Security’
CNN and Kalshi announced a partnership earlier this month Arizona congressman presses CFTC for answers on the deal Says CNN has a history of “partisan manipulation” Earlier this month, CNN and Kalshi announced that they’re teaming up, marking the first major media...
Coinbase Latest Big Brokerage Name to Enter Prediction Markets
Widely expected announcement arrived Wednesday. Cryptocurrency brokerage firm said it’s partnering with Kalshi. Coinbase is also adding stocks and tokenized assets to its platform. As was widely expected, cryptocurrency broker Coinbase Global (NASDAQ: COIN) announced Wednesday it’s pushing into prediction markets via...
Wynn UAE Casino Could Be Company’s Biggest Profit Driver
Wynn Al Marjan Island could eventually become biggest profit contributor to parent company, say CBRE analysts Venue could generate up to $230 million in annual licensing fees UAE casino could become the largest fee contributor in the Wynn portfolio Wynn Al Marjan...
Robinhood Leans Into Parlays, er, Combos in Prediction Markets Push
Robinhood discussed “prediction markets reimagined” at Tuesday event. Sports event contracts were front-and-center. Company unveiled new and upcoming parlay, player prop offerings. At a Tuesday investor event, Robinhood Markets (NASDAQ: HOOD) discussed “prediction markets reimagined” with sports event contracts, including parlays, seemingly...
Tribal Casino Leaders Push for Increased Oversight of Prediction Markets
At least one tribal gaming leader says sports betting through predictions violates laws He says the CFTC and the Commodities Exchange Act (CEA) don’t shield prediction markets from those violations A California tribal gaming leader is pushing for congressional action As prediction...
Las Vegas Sands Rating, Price Target Lifted by Goldman Sachs
Analyst says Marina Bay Sands has momentum Expects Sands to buy back $2 billion worth of shares Goldman analyst is also bullish on Wynn Resorts Already one of 2025’s best-performing casino stocks, Las Vegas Sands (NYSE: LVS) received some added support Monday...
Underdog Lost Arizona DFS License Due to Prediction Markets. Others Could Be Next.
Last week, Arizona pulled Underdog’s fantasy sports license amid the company’s prediction markets push. Analyst says Fanatics, PrizePicks at risk of similar fate. DraftKings, FanDuel appear safe in the state. Last week, Arizona regulators yanked Underdog’s fantasy sports license as the company...
Robinhood Prediction Markets Entry Threatens DraftKings, FanDuel, Says Analyst
Robinhood plans to unveil its prediction market platform at a Dec. 16 investor event. Company could highlight less dependence on Kalshi. Analyst says competitive threat to sportsbook operators could be emerging. On Tuesday, Robinhood Markets (NASDAQ: HOOD) is hosting Robinhood Presents: YES/NO,...
Employers Need to Be Vigilant on Prediction Markets Insider Trading, Says Law Firm
The rise of prediction markets has been accompanied by allegations of insider trading It’s largely tied to corporate events, such as new product releases Prediction markets don’t yet have a clear insider trading framework The rise of prediction markets has ushered in...
Caesars Sportsbook Coming to Rampart Casino in Summerlin
First example of a Caesars-branded sportsbook in a locals' casino Venue is expected to open in early 2026 Caesars Entertainment and the Rampart Casino announced a partnership on Monday under which a Caesars Sportsbook will come to the Summerlin, Nev. gaming venue....
