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Sports Insight

Judge bans Kalshi from offering sports-events contracts in Massachusetts in 30 days

A Massachusetts judge on Friday rejected a request by prediction-markets operator Kalshi to allow it to keep offering sports-events contracts in the state while it appeals an injunction that will lead to it being banned from operating there without a state gaming license in 30 days.Suffolk County

Kalshi and Polymarket Rewrite the Super Bowl Playbook for Pro Gamblers

The sudden rise of prediction markets has sophisticated bettors scrambling to adjust their strategies. During his more than 15 years as a professional sports gambler, Rufus Peabody has built up an elaborate system of software tools and surrogate bettors that allow him to spot favorable odds offered by bookmakers of

Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

Kalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to Kalshi. The platform and its peers

Crypto.com Launches Predictions-Only Platform Before Super Bowl

Crypto.com is launching a dedicated platform, OG, for prediction markets just days before the Super Bowl, the company said Tuesday. A pioneer of federally-regulated sports-themed prediction markets, Crypto.com co-founder and and Chief Executive Officer Kris Marszalek said a stand-alone product is warranted after 40-

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