Main menu
Todd Shriber
5694 stories by Todd Shriber
DraftKings Launches In-House Prediction Exchange as Trading Volume Explodes
DraftKings has officially rolled out its proprietary, in-house prediction markets exchange, branded as DKeX The underlying technology and critical CFTC license powering the exchange were acquired through the company's previous deal for Railbird Technologies The...
As Kalshi Valuation Swells to $40B, Trump Jr. Set for Massive Equity Windfall
Donald Trump Jr received a $300,000 equity stake in Kalshi in early 2025 It’s compensation tied to his role as an adviser to the prediction market Kalshi was valued at $2 billion when it granted...
Kalshi, Tradeweb Partnership Kicking Into Gear
Tradeweb Markets rolls out a dedicated Kalshi pricing page, providing U.S. institutional clients with real-time, market-implied probabilities directly inside their active workflows The page will integrate Kalshi’s American Power Index (KPOW) in July, offering traders...
Prediction Market Volume Hits Record $14.4B as Non-Sports Contracts Explode
Weekly prediction market volume hit a record $14.4 billion, more than doubling the $5–$6 billion weekly baseline seen at the start of the year The milestone marks the third consecutive record week, as capital risk...
Caesars Stock Flirts with Buyout Price; Rival Bid Seen as Unlikely By Analysts
Caesars stock continues to edge closer to the $31.00 per share cash buyout offer presented by Fertitta Entertainment Under the terms of the definitive agreement, Caesars' contractually mandated "go-shop" window is set to expire on...
Kalshi CEO Confirms IPO Under Consideration as $40B Valuation Rumor Surfaces
Kalshi co-founder and CEO Tarek Mansour confirmed the prediction market platform is in the early stages of planning an IPO Mansour ruled out a public listing for 2026, noting that a debut is more realistic...
Caesars Expands Maine Tribal Partnerships to Include Planned iGaming Launch
Caesars is partnering with three Maine Native American tribes in anticipation of iGaming going live there later this year The company will bring its Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online...
Wynn Resorts Stock Forms Favorable Chart Setup
The casino stock is hovering around its two-year moving average Previous instances of the stock doing so resulted in substantial rallies Wynn is already perking up as highlighted by a 9% gain over the past...
Report: Zuck Wants Meta in the Prediction Market Game
Meta CEO Mark Zuckerberg has reportedly directed staffers to develop a dedicated prediction market mobile application Internally known as "Arena," the platform would utilize a play-money format rather than real-money wagering The application is designed...
Poll: Americans Oppose Political Betting, Hold Indifferent Views on Prediction Industry
A recent Politico poll indicates a majority of Americans oppose betting on elections, with most stating the practice should be illegal Voters remain deeply divided and largely ambivalent about the broader prediction markets industry, showing...
