News

New York City Council opens probe into prediction market advertising

The New York City Council says it is investigating whether major prediction market platforms used deceptive or predatory advertising to target consumers.

Hard Rock Bet partners with The Fort and APP Tour in Florida pickleball deal

Hard Rock Bet has signed a new partnership with The Fort in Fort Lauderdale and the Association of Pickleball Players Tour, extending its brand presence through venue naming, watch parties, and the 2026 APP Tour Championships.

CFTC warns prediction markets against using sportsbook-style American odds

The CFTC says federally regulated prediction markets should not display sportsbook-style American odds, warning that the format could mislead users about pricing and market depth.

Polymarket appears on MLB TV as gambling industry roundup highlights FanDuel, Kalshi developments

A new gambling industry roundup put Polymarket’s MLB visibility in the spotlight while also tracking a FanDuel fine in Iowa, Kalshi-related disputes, and new Colorado deposit restrictions.

Prediction markets focus on U.S.-Iran blockade timeline and Bezos-Liverpool rumor

Prediction-market activity on Aug. 11 centered on U.S.-Iran blockade questions and a Jeff Bezos-related Liverpool ownership market, with Polymarket traders assigning very different probabilities depending on the deadline.

Novig Becomes Exclusive Prediction Market Partner of the New York Mets

Novig has signed a multi-year agreement with the New York Mets, a deal the companies describe as the first partnership between an MLB franchise and a prediction market.

CFTC Proposes New Conflict Rules for Prediction Market Exchange Affiliates

A new CFTC proposal would tighten conflict-of-interest rules for prediction market operators that also run affiliated trading desks, without banning the structure outright.

FanDuel Predicts, DraftKings and rivals put prediction-market revenue in the spotlight

Quarterly earnings from major gambling and trading companies showed prediction markets becoming a bigger business line, with FanDuel Predicts changing exchanges and DraftKings reporting rapid volume growth.

FAU football betting spotlight highlights how Florida’s legal market is changing game-day habits

A Boca Raton look at FAU Owls football betting underscores how Florida’s Seminole Compact framework has moved some fans from informal pools to regulated mobile wagering, while raising familiar questions about access, compliance, and campus betting culture.

Florida bettor hits $149,477 on $15 MLB parlay through Hard Rock Bet

A Hollywood, Florida bettor turned a $15 wager into a $149,477 payout after a 15-leg MLB parlay hit at Hard Rock Bet.