Are Prediction Markets Supercharging U.S. Retail Consolidation?
The rise of prediction markets could have made land-based giants such as MGM Resorts International and Caesars Entertainment more attractive to investors,…
Prediction Markets
Letter From America 58
The World Cup has kicked off and the U.S. is at the epicentre of history’s biggest betting boom, but beyond the record-breaking…
Between The Rock And A New Place, Gibraltar Opens The Door To NWiG
Top gambling licensing authority Gibraltar has opened its doors to New World iGaming (NWiG) prediction markets. The so-called “Rock”, a sovereign British…
It’s A 2026 Legislative Wrap But Little Partying For iGaming Across The United States
With most state governments shutting their legislative doors to end their 2026 law making season, it’s an apposite time to take legal…
Shoot-out At The Fantasy Factory, Who’ll Win The Betting World Cup Sportsbooks Or Prediction Markets?
With an estimated US$53 billion to US$85 billion at stake (£39.48bn-£63.32bn), the FIFA 2026 World Cup has been labelled “the biggest betting…
The Relegation Game: Lowly Spanish LaLiga Club Osasuna Hedges Via Kalshi
Osasuna were on the verge of relegation in Spain’s premier LaLiga football league, so the club from Pamplona–where they run the bulls…
LIGA MX Names Polymarket US Prediction Market Partner
LIGA MX has entered into a sponsorship agreement with Polymarket covering the United States, with Genius Sports supporting the partnership through the…
Letter From America 57
President Trump’s anti-weaponisation “slush fund” might be scuppered, but the scandals just keep coming. From The New Yorker’s bold claims of regulatory…
Polymarket Google Insider Trading Scandal
BREAKING NEWS: A Google security engineer, Michele Spagnuolo, was arrested by FBI agents in New York early yesterday morning after allegedly using…
Letter From America 56
Welcome back to the latest edition of Letter From America. We’ve got lots to catch up on, including New Jersey, where a…
Prediction Markets Boom: U.S. Demand Surges 5x in Just Eight Months – But Two Firms Are Taking Almost Everything
Prediction markets are all the rage in the U.S. and demand has surged more than fivefold since August 2025 but the boom…
Brazil Brings The Boom Down On Prediction Markets
Brazil’s National Monetary Council (CMN), which oversees the nation’s financial markets and monetary policy, has brought the boom down on products being…
Fanatics Markets Launches iGaming-Style Combos
Fanatics has introduced a new feature on its Fanatics Markets platform, enabling users to combine multiple outcomes into single prediction contracts, in…
Letter From America 55
Ceasefires may be on the political agenda this week in Washington but, as our latest Letter From America reports, there’s no sign…
Prediction Markets: Trumpland Puts The Fix In
Above and, seemingly, beyond the law, Trumpland has put the fix in on booming prediction markets. Amid a flurry of lawsuits seeking…
Saturday Night’s All Right For Fighting, Promotes Polymarket
In defiance of growing moral outrage, but perhaps in keeping with the debased spirit of the age, controversial predictions market Polymarket–already under…
Better Collective Targets iGaming Growth in Prediction Markets
Better Collective has expanded its igaming and digital media strategy into prediction markets, launching new content and products aimed at users in…
Argentina Bans Polymarket After Suspicious Trading
Argentina has banned Polymarket–one of the world’s largest prediction market platforms–after a contract estimating February’s inflation data registered a trend reversal 15…
Brazilian Operators Call Time On Prediction Markets As Kalshi Goes Live
Kalshi’s entry into Brazil has sparked backlash from the country’s online betting industry, with operators urging regulators to crack down on prediction…
The Rise and Rise Of Prediction Markets Kalshi and Polymarket Now Seeking Valuations of US$20 Billion
Barely three months ago, when it sought to raise US$1 billion in funding, prediction markets pioneer Kalshi was valued at US$11 billion….
We Don’t Do Extra-Judicial Killings, Kalshi Tells Prediction Markets
Amid the growing crisis of a widening Middle East war, Kalshi Co-founder and CEO Tarek Mansour has clearly asserted that his pathfinder…
Lost In The Junglee Flutter Entertainment Takes A Mega Hit In FY25
Like many a valiant merchant prince before him, out to make a fortune from the fabulous East, Flutter Entertainment’s CEO Peter Jackson…
Letter From America 53
The battle over who will control the future of betting in the world’s largest gambling jurisdiction intensified this week, as multiple states…
DraftKings and FanDuel Duopoly Facing Existential Threat From Prediction Markets
It’s the oldest trick in the book: If you can’t beat ‘em, join ‘em. But despite their much-heralded move into the Prediction…
Prediction Markets Coming To Brazil
Inspired by the U.S. boom in digital derivatives, B3, Brazil’s main stock exchange, plans to launch prediction market products before the end…
Hawaii Two-0
Hawaii, the American Pacific tourist paradise of 137 islands and latterly best known as the birthplace of former U.S. president Barack Obama,…
Predicting A Bigger, Bettor New Wave DraftKings
Online dominator DraftKings has upped its bid to crack New Wave iGaming (NWiG), aka predictions markets. The Massachusetts-origin iGaming pioneers has just…
Letter From America 52
It’s not Letter From America’s role to write obituaries, but 2026–spurred by the inexorable rise of prediction markets–is already shaping up to…
Meet Me At The Crossroads: KPMG Vegas Gaming Guru Rick Arpin Talks To iGF
American gambling is full of contradictions, but one industry veteran has crushed market dynamics and knows where things are heading: Meet U.S….
Prediction Polymarket Under Investigation By Israel Secret Service Shin Bet
Controversial prediction markets site Polymarket–at the centre of an alleged insider betting scandal over the sequestration of Venezuelan strongman Nicolás Maduro by…
Stench of Corruption Emanating From U.S. Prediction Markets
The stench of corruption emanating from U.S. prediction markets has become undeniable. From the controversial decision of the highest authority in the…
Letter From America 51
Welcome to the New Year and the first Letter From America of 2026. We’re kicking-off by diving straight into the Venezuela prediction…
Invasion Or No Invasion? Venezuela Roils The Unregulated World Of Prediction Markets
Does the seizure and sequestration of Venezuelan strongman Nicolás Maduro by the United States signify a bona fide invasion, or no invasion? …
iGaming 2026: Predicting Another Year Of Living Dangerously
Predict. Now that’s a good start, because with U.S. giants FanDuel, DraftKings and BetMGM all set to embrace the prediction markets phenomenon…
FanDuel and CME Group Launch Predicts Trading Platform
FanDuel has launched FanDuel Predicts in partnership with CME Group, introducing a new digital platform that allows users to trade event-based contracts…
DraftKings Launches Predictions App for Regulated Event Markets
DraftKings has launched DraftKings Predictions, a new standalone mobile and web application that allows eligible users to trade event contracts linked to…
Arizona Neuters Fantasy Sport’s Underdog
The Arizona Department of Gaming (ADG) has notified fantasy sports operator Underdog that it is revoking its licence due to its partnership…
Both Sides Now: Kalshi Trumps Trump With New CNN Prediction Market Deal
No doubt emboldened by its US$11 billion valuation, Kalshi–hitherto President Donald Trump’s favourite prediction markets site for correctly predicting his return to…
Letter From America 49
Autumn leaves may be falling but powered by the return of across-the-board sporting action revenues everywhere are up, marking the U.S. market’s…