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EVENT CONTRACTS GAMBLING
Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
Trump reiterates vision to make US the Crypto Capital of World. Here is what experts sayPresident Donald Trump is defending the cryptocurrency and prediction market industries. He is opposing state-led efforts to restrict these...
Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
CFTC sues New York to block oversight of prediction marketsThe CFTC sued New York, alleging the state's lawsuits against prediction market operators like Coinbase and Gemini infringe on federal regu...
US judge blocks Arizona criminal case against Kalshi at CFTC's requestIn a notable turn of events, Arizona's criminal case against the innovative prediction market, Kalshi, has been suspended by a federal judg...
New Jersey cannot regulate Kalshi's prediction market, US appeals court rulesA federal appeals court ruled on Monday that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state to use it...
Kalshi and Polymarket rush to ban insider trading as senators move to curb prediction marketsKalshi said it would ban political candidates from trading on their own campaigns, and it would preemptively block anyone involved in colle...
Trump administration backs Kalshi and Polymarket in big legal fight over U.S. betting rulesThe U.S. government is backing prediction market platforms in a major legal fight with several states. The dispute is about who should cont...
$400,000 payout after Maduro's capture putting prediction markets in spotlightThe bulk of the trader's bids on the platform Polymarket were made mere hours before President Donald Trump announced the surprise nighttim...
Sports gaming startup Underdog bolsters C-suite days after event contracts launchThe company, which offers fantasy sports games and licensed sports betting, has appointed Rishi Garg as its chief financial officer. The hi...
Nithin Kamath slams flawed comparison between India and US in candid post, says ‘Gambling runs deep in American culture’. Netizens applaudZerodha co-founder Nithin Kamath ignited conversation by challenging comparisons between India's and the US's options trading volumes. He a...
India’s next big bet? Trading on trust, not chanceThe article proposes regulated predictive intelligence markets in India to enhance governance and economic strategies. These platforms, dis...
Tory leaders among 15 charged in UK poll row: How scandals are shaping future of political bettingFifteen individuals, including senior Tory figures, have been charged by the UK Gambling Commission for allegedly using insider knowledge t...
Event contracts by Robinhood, Interactive Brokers: Trading or betting? Examples, is it safe?Event contracts allow traders to bet on specific outcomes, offering opportunities to profit from predictions on everything from sports and ...
One sector that has remained bullish on Trump is crypto; here's what the pollsters are predictingCrypto investors are risking millions that traditional polls are underestimating Donald Trump's prospects of winning the 2018 United States...
Indians flock to offshore betting sites in absence of legal platforms in the countryToday, many sports enthusiasts like Kumar are attracted towards these international betting platforms, where they are able to place bets in...
EACPM member Nilesh Shah pitches for legalising betting; MoS Finance Anurag Thakur says it can check match-fixingThousands of crore of revenue comes to the exchequer through the activity and it gets spent on development of the sport or in other activit...
Supreme Court seeks P&G officials reply on plea quashing FIR against themThe bench however granted liberty to both the parties to file counter or documents, if any, before the next date of hearing.
JHS may take P&G to court for ending contract for producing Tide detergentP&G for its part says that it does not intend to renew the contract that expires next month on account of the financial instability roiling...