SPORTS BETTING
World Cup prediction betting surges as Polymarket keeps Spain "Other" at 50%
About 11 days into the tournament, data showed $5.4 billion wagered on World Cup prediction markets, with Kalshi at $2.9 billion and Polymarket at $2.5 billion since last July.
UK heat alert ripples into sports ops as Polymarket toss odds hit 99.95%
The Met Office issued an Amber heat warning for southern and eastern England lasting into next week, with Wimbledon 2026 forecasts suggesting temperatures could top June’s UK record.
CFTC Sues New Mexico in Fight Over Prediction Markets
The CFTC sues New Mexico to assert federal authority over prediction markets, escalating its battle with state regulators.
Wisconsin Sues Coinbase, Kalshi, Robinhood Over Event Contracts
Wisconsin targets Coinbase, Kalshi, and others for allegedly illegal sports betting via event contracts, escalating state-federal regulatory tensions.
Pantera Leads $75M Novig Series B at $500M Valuation
Pantera Capital leads Novig's $75M Series B as the sports prediction market reports 10x volume growth and pursues CFTC approval for nationwide operations.
BetDEX to Go Live on Solana as FIFA World Cup 2022 Approaches
Emerging decentralized sports betting outfit, BetDEX will be launching on Solana ahead of the World Cup