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Todd Shriber
5695 stories by Todd Shriber
Prediction Market ‘Rain’ Injects $100 Million Ahead of World Cup V2 Launch
Rain, a decentralized prediction market protocol, has announced a massive expansion ahead of the upcoming FIFA World Cup The platform is backing its upcoming V2 launch with a $100 million liquidity commitment to ensure deep...
Forget the Auction House. Kalshi Now Offering Art Prediction Markets.
Event contracts will be tied to selling prices of and realized values of fine art Contracts resolve “against publicly reported results” Adds to Kalshi’s roster of derivatives tied to real world assets For all those...
Stifel: Churchill Downs Has Ample M&A Optionality
A top research firm clarifies it has no insider knowledge of Churchill Downs engaging in any formal M&A or consolidation discussions However, analysts point out "compelling" reasons for the operator to shed its slower-growth gaming...
Tema’s ‘TOLL’ ETF Discloses Kalshi as Its Largest Holding
Kalshi is still privately held The Tema Durable Quality ETF provides access to the prediction market operator It’s believed to be the first ETF featuring exposure to Kalshi Although Kalshi is a privately held company,...
Century Casinos Could Be Motivated to Divest Poland Operations
Divesting the company’s two-thirds stake in Casinos Poland remains a central element of Century’s ongoing strategic review Citizens Research analyst Jordan Bender notes that with all Polish operating licenses fully secured through 2028, the company...
Analyst: DraftKings Can Be Long-Term Prediction Markets Winner
DraftKings is ramping up its prediction market offering It’s already unlocking cost benefits Analyst says “many” existing DraftKings customers could flock to company’s event contracts platform DraftKings (NASDAQ: DKNG) is a relatively new player on...
Macquarie: Regional Casino Stocks Showing Better Post-Earnings Reaction
Regional operators locked in stronger post-Q1 earnings gains than their larger, tourism-heavy peers Analysts note that regional casino stocks are steadily tracking pure market fundamentals rather than speculative hype Looking ahead, regional names are projected...
American Century Weighs the Pros and Cons of Trading Corporate Risks on Prediction Markets
The asset manager views event contracts as a groundbreaking new framework for quantifying macroeconomic risk By tapping into collective market intelligence, these platforms offer the potential for highly accurate, real-time predictions However, fund managers warn...
Minnesota Becomes First State to Ban Prediction Markets, Prompting Immediate Federal Lawsuit
Minnesota has officially become the first state in the nation to pass an outright ban on prediction markets, transforming legal operators into felons overnight The CFTC swiftly launched a federal lawsuit against the state to...
Houston Politician Proposes Turning the Astrodome Into the ‘World’s Biggest Casino’
A former Houston mayor running for Harris County judge wants billionaire Tilman Fertitta to transform the iconic, decaying Astrodome into a massive casino The candidate is calling on voters to "get rid of" Texas Lt....
