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Todd Shriber
5750 stories by Todd Shriber
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...
Gemini Boosts Crypto Prediction Market Footprint in Apex Fintech Deal
Gemini Space Station (NASDAQ: GEMI), the digital asset platform founded by Cameron and Tyler Winklevoss, is partnering with Apex Fintech Solutions to scale its presence in the growing crypto event contracts market. The Winklevoss twins....
Evolution Board Formally Rejects Kenneth Dart’s Mandatory Takeover Offer
As expected, the board of Evolution AB has recommended that shareholders reject the mandatory cash takeover offer from Kenneth Dart’s Candle Lake Ltd, valued at SEK 695 per share (approx. $13.8 billion). Evolution is telling...
Roundhill Brings Hockey to Wall Street with Latest ETF Filing
From time to time, issuers of exchange traded funds are known to play copycat and that’s happening in the race to launch funds tethered to indexes measuring the performance of NHL teams. Players from the...
Prediction Market Industry Can Only Support 5 to 8 Operators, Says Colormatic CEO
While the young prediction market sector is crowded with new entrants, industry experts question how many platforms can actually survive. There are a lot of prediction market operators, but many won't be successful, says an...
Morgan Stanley: Finance Interns Embracing Betting, Prediction Markets
Aspiring financiers are, perhaps not surprisingly, fans of betting and prediction markets, though the percentages of adoption are mostly in line with those found with broader groups of young people. Morgan Stanley's summer intern survey...
