Crypto exchange Coinbase is reportedly gearing up to enter the prediction market competition that has seen many other firms enter the fray as well. The date of the launch has not been released, but the company will employ Kalshi’s technology to power this new exchange. Coinbase Predicts New Market Launch The rumors regarding crypto exchange
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FanDuel is set to expand its market reach with a new product, “FanDuel Predicts,” aimed at entering the prediction market industry. The rollout is expected to happen very shortly, and sports event contracts will only be offered in states where legalized sports betting is not available. Prepare to Launch Fanatics has become the first mobile
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Prediction markets have decided that a united front is a more powerful force battling state gaming regulators than opposing them individually. The major platforms have banded together to form the Coalition for Prediction Markets. United We Stand The preeminent mobile sportsbooks formed the Sports Betting Alliance (SBA) to promote their interest throughout the nation. Therefore,
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After the long-awaited announcement awarding the coveted downstate casino licenses, Senator Joe Addabbo Jr. believes iGaming in New York is an issue the legislators can now tackle. Checking the Boxes Senator Joe Addabbo Jr. has been a champion of responsible gaming, and he is a big reason why the mobile sports betting industry not only
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Although mobile sports betting was not publicly discussed in its recommendations, the Senate Study Committee on Making Georgia the No. 1 State for Tourism included sports betting as a late addition to its guidance policy. Betting on Tourism Georgia wants to attract more tourism and commissioned a study of lawmakers to create a punch list
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In 2015, the Massachusetts legislature created the Community Mitigation Fund (CMF), which used a portion of the gaming revenue for communities that would be adversely impacted due to their geographic proximity to casinos. However, due to budgetary constraints, this will be the second year in which those funds are not dispersed but instead kept by
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