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…
Prediction markets are all the rage in the U.S. and demand has surged more than fivefold since August 2025 but the boom…
Brazil’s National Monetary Council (CMN), which oversees the nation’s financial markets and monetary policy, has brought the boom down on products being…
Ceasefires may be on the political agenda this week in Washington but, as our latest Letter From America reports, there’s no sign…
Above and, seemingly, beyond the law, Trumpland has put the fix in on booming prediction markets. Amid a flurry of lawsuits seeking…
In defiance of growing moral outrage, but perhaps in keeping with the debased spirit of the age, controversial predictions market Polymarket–already under…
Kalshi’s entry into Brazil has sparked backlash from the country’s online betting industry, with operators urging regulators to crack down on prediction…
Barely three months ago, when it sought to raise US$1 billion in funding, prediction markets pioneer Kalshi was valued at US$11 billion….
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…
Controversial prediction markets site Polymarket–at the centre of an alleged insider betting scandal over the sequestration of Venezuelan strongman Nicolás Maduro by…
The stench of corruption emanating from U.S. prediction markets has become undeniable. From the controversial decision of the highest authority in the…
Welcome back to another unmissable posting of Letter From America, led this week, sine qua non, by Missouri, which officially became the…
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…
Some time back when the prediction markets story began to break big this publication, with some prescience it now appears, ran the…
Welcome back for another whirlwind tour of the latest breaking news from the U.S. iGaming industry. Welcome to the latest edition of…
COMMENTARY: Well versed in self-promotion, with its much-touted “Flutter Effect”, Flutter Entertainment–best known as the parent company of leading U.S. sports book…
It’s difficult to gauge whether President Trump’s new prediction market ally was speaking tongue-in-cheek or fervently believed the spiel he was spinning…
DraftKings, the number two digital sports book and iGaming outfit in the United States, has officially joined the great prediction markets race…
This week the Michigan Gaming Control Board (MGCB) fired a prediction markets warning shot across the bows of America. And guess what?…
Predictions site Polymarket’s fully-fledged return to home U.S. territory has been considerably boosted by a US$2 billion (£1.48bn) investment from the owners…
Welcome to the latest edition of iGF’s unmissable Letter From America. This week we’re presenting a compelling mix of hot headlines and…
Flutter Entertainment’s FanDuel–which entered the pre-PASPA U.S. sports betting space as a DFS pioneer, along with DraftKings–has thrown down the gauntlet to…
Welcome to our latest Letter From America. It’s a bumper edition this week, so we’re diving right in. First stop, the progressive…
Paranoid? Worried about the impact of A.I. on your employment prospects? No need to be. AI has been consigned to the definitions…
BREAKING NEWS: Three of California’s federally-recognised Tribes are suing prediction market betting sites Kalshi and Robinhood for violating the Indian Gaming Regulatory…
Meet Henry Williams, the man taking on illegal gambling operators and turning Michigan into a model for regulation across the United States….
Despite legal battles, controversial prediction market wagering sites Kalshi and Polymarket have raised millions of dollars in funding to boost their assault…
Welcome to edition 40 of Letter From America. This week, the “Kalshi Crisis” continues to unfold as the regulated betting industry and…
Across this vast nation the regulated online and retail gambling industry is under fire, as this week’s Letter From America, featuring sweepstake…
Never has the ancient, back-handed Chinese rejoinder, I hope you live in “interesting” times, been more prescient. For, under the stewardship of…
EXCLUSIVE: Prediction market sports contracts–branded an existential “California Kalshi Crisis”–have now come to the Golden State in flagrant violation of constitutional Native…
A cross-Atlantic iGaming power shift is underway, with regulated online gambling in The Americas set to equal–and surpass–GGR in Europe, predicts forensic…
As the regular legislative sessions in many states come to a close as we write this week’s “Letter From America”, several of…
Despite widespread illegality and a traditional disdain for betting on the outcomes of papal conclaves, gambling on who’s going to be the…
It was always going to be an eventful second term for President Trump, but few would have predicted such a frenetic pace…
Prediction markets platform Kalshi has won a temporary restraining order against the Nevada Gaming Control Board (NGCB), allowing it to continue operating…
The blows keep landing for predictions market platform Kalshi, which faces mounting pressure from U.S. state regulators with cease-and-desist orders issued in…
This week’s Casino Cabbie “Letter From America” features a clutch of big names in the regulatory firing line: from prediction market platform…
Before we start our latest Letter From America, welcome to March Madness and the start of Problem Gambling Awareness Month in the…
A Trumpian “Mother of all iGaming Battles” is looming over the status and legality of the coming–but wildly controversial–prediction markets business. At…
American Football’s Super Bowl–the biggest betting bonanza in single event world sport–kicks off this Sunday in the “Big Easy” with a stake,…
Before the presidency, before “The Apprentice”, there was gambling and Donald Trump’s controversial Atlantic City casino empire: The Trump Plaza Casino and…