Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that prediction markets operating through designated contract markets, or DCMs, are following the law. Her comments come as some states try to ban or limit these markets. This is the CFTC’s clearest statement so far that prediction markets can operate under current federal rules. […]

Two Canadian senators are calling for a nationwide ban on sports betting ads, saying the fast growth of single event betting has become a public health issue. According to CBC, Senators Percy Downe and Marty Deacon sent a letter to the prime minister asking the federal government to act. They want the Canadian Radio television […]

Allwyn International achieved higher revenue, but earnings dropped during the third quarter of 2025. Lottery and digital segments grew while sports betting margins weakened and corporate costs increased. Net revenue for the group climbed 5% year-on-year, reaching €1.02bn. Gross gaming revenue increased 5% to €2.12bn during the same period. Adjusted EBITDA decreased 8% to €374m, which […]

U.S. prediction market platform Kalshi reportedly achieved an $11 billion valuation after completing a $1 billion funding round. TechCrunch first reported this information through a source familiar with the transaction. This valuation increase represents the prediction market sector’s fastest growth this year. Weeks earlier, the company secured $300 million at a $5 billion valuation in […]

Agreegain has formed a new partnership with 3 Oaks Gaming, giving its operator network access to more slot games. Operators can now add titles like Lucky Penny, Super Hot Teapots and Sun of Egypt 5. This gives players more choices and helps operators update their game lists easily. The deal also makes game integration simpler […]