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Sports Insight

NFL asks prediction market operators to refrain from ‘objectionable bets’

The NFL is asking prediction market operators to keep specific event contracts that the league deems “objectionable bets” off of their platforms. In a letter obtained by CNBC, the league outlines examples of event contracts that could be easily manipulable by a single person, inherently objectionable, related to officiating and

Polymarket’s Latest Pop-Up Is a Sports Bar for Watching the News

Prediction platform Polymarket is courting Washington with a pop-up “Situation Room” bar even as US lawmakers and regulators move to clamp down on the controversial betting industry.

Major League Baseball Steps Into the Prediction Markets, Strikes Deal With Polymarket

MLB is partnering with Polymarket and the CFTC to engage prediction markets while trying to guard against game manipulation.

Women Wanted: Kalshi Pushes to Expand Far Beyond Sport Bets

Prediction market platform Kalshi is pushing beyond male-dominated sports betting to court women with pop culture and politics wagers, aiming to broaden growth and reduce legal vulnerability.

Sports Leagues Warm To Prediction Markets After Federal Backing

With federal regulators suddenly willing to defend prediction markets, major US sports leagues are quietly softening their opposition in a pivot that closely mirrors their historic, lucrative embrace of sports contracts.

TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge

One prediction market trader made thousands of dollars by listening to a rehearsal of the event and correctly guessing how long Puth's rendition of the anthem would take.

NBA commissioner Adam Silver: NBA Sees Prediction Markets the Same As Sports Betting

“We currently are looking at prediction markets essentially in the same way that we’re looking at sports betting markets or sports betting companies,” Adam Silver said at All-Star Weekend.

DraftKings Shares Lofty Prediction Markets Goals in 2026 Outlook

The online sports betting operator reported a 43% jump in sales and shared ambitious investment plans for its prediction markets platform

MLB considers partnership with prediction markets, Manfred says

PALM BEACH, Florida – Major League Baseball is considering partnering with prediction markets, commissioner Rob Manfred said Thursday, a move that would further tie the league to sports betting while two Cleveland Guardians pitchers face federal charges for an alleged pitch-rigging scheme. Owners were briefed this week at their quarterly

Super Bowl Gives Prediction Bets Record $1.2 Billion Trading Day

Analysts have grown increasingly bearish on gambling companies in recent months as prediction markets have presented a formidable competitive threat much more quickly than many anticipated.

Prediction volume hits record off Super Bowl Sunday

Parlays boosted sportsbook margins; Kalshi faced outages amid 20-fold volume spike Americans wagered a record $1.76 billion on the Super Bowl, according to American Gaming Association projections, as a wave of first-time bettors and an explosion in parlay activity delivered a windfall for the sports-betting industry

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