Main menu
Todd Shriber
5825 stories by Todd Shriber
Prediction Market ETFs Face Tough SEC, CFTC Approval Hurdles
A surge in prediction market Exchange Traded Funds (ETF) filings is forcing regulators into uncharted territory, with no clear timeline for approval. The Securities and Exchange Commission (SEC) hasn't approved prediction market ETFs. Some experts...
Novig Drops American Odds to Pivot Toward Financial Traders
Novig has scrapped American odds on its sports prediction market, swapping standard -110 lines for financial-style implied probabilities. A Novig Logo. The prediction market ditched American odds for percentages. (Image: Google Play) Co-founder and CEO...
DraftKings Awards $30M Marketing Deal to Co-Founder Matt Kalish’s New Firm
DraftKings has agreed to direct up to $30 million in marketing spending to a media startup launched by former president and co-founder Matt Kalish. A DraftKings SEC filings reveals the company has a marketing deal...
Save the Date: Caesars Investors to Vote on Fertitta Takeover Bid Sept. 22
Caesars Entertainment (NASDAQ: CZR) will hold a special shareholder meeting on Tuesday, Sept. 22, to vote on a proposed takeover by Tilman Fertitta’s Fertitta Entertainment Inc. The deal values the gaming giant at $17.6 billion....
Polymarket Self-Certifies NFL Injury Event Contracts, Derivatives May Be Counter to CFTC Rules
Ahead of the 2026 NFL kickoff, Polymarket self-certified event contracts tied to player injury returns, setting up a potential clash with Commodity Futures Trading Commission (CFTC) guidelines against availability markets. Polymarket self-certified event contracts on...
Novig Volume Rapidly Tops Some Big Prediction Market Names
As has been widely documented, Novig’s sports-focused prediction market, which rolled out nationwide earlier this month, is off to a fast start. Scenes from an NFL stadium. Novig's exchange volume is booming ahead of football...
ProphetX Taps EDGE Markets to Unlock 24/7 Deposits and $1M Daily Limits
ProphetX has partnered with fintech firm EDGE Markets to enable platform users to deposit up to $1 million per day. ProphetX imagery. The company is partnering with EDGE Markets to allow traders to deposit up...
Jefferies Casts Doubt on Boyd-Bally’s Partnership for Las Vegas Strip Casino
Don’t bet on Boyd Gaming (NYSE: BYD) partnering with Bally’s (NYSE: BALY) on its proposed $3 billion-plus resort at the former Tropicana site on the Las Vegas Strip. Boyd Gaming’s Fremont Hotel & Casino in...
Chris Christie Says Selig ‘Lied’ to Trump, CFTC Leading ‘Losing Effort’ on Prediction Markets
Former New Jersey Gov. Chris Christie, now a strategic advisor to the American Gaming Association (AGA), believes Commodity Futures Trading Commission (CFTC) Chairman Michael Selig lied to President Trump about the regulator’s legal tussles with...
Mizuho: DraftKings Stock Could Surge If Courts Crack Down on Prediction Markets
DraftKings (NASDAQ: DKNG) stock could catch significant tailwinds if courts rule against prediction market operators attempting to offer sports event contracts. DraftKings stock could benefit if courts rule against sports event contracts. (Image: Shutterstock/DraftKings/Casino.org) That’s...
