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Kalshi CEO Tarek Mansour said transparent prediction markets make suspicious trading easier to spot, even as the sector faces insider trading cases and a widening fight over who regulates it.
Hacksaw Group launched a B2B prediction markets platform, allowing operators to launch peer-to-peer markets under their own brands with shared network liquidity.
DraftKings’ new Predictions market reached an $11 billion annualized trading run rate in July, but the company is still balancing product growth, revenue pressure and regulatory risk.
Election prediction markets on Kalshi and Polymarket have drawn more than $220 million in wagers this cycle, more than double the 2024 congressional total.
BetMGM said it is pulling more marketing focus toward New Jersey, Pennsylvania, Michigan, and West Virginia, where it offers both online casino and sportsbook products.
Kalshi has filed a rule change with the CFTC that would let it sanction users for harassing athletes, including through possible fines and account bans.
