Prediction Markets Weekly: Utah criminal court summons Kalshi founders, Sporttrade gets DCM status
Photo: Pixabay (illustration)
Midterm elections aligning with major gaming operators’ Q3 earnings calls meant this week was a big one in the prediction markets news cycle. Companies including DraftKings , Flutter , and Sportradar discussed their event contracts business at length, and there were several major updates from the courts, including: The Second Circuit denying Kalshi’s requests for temporary relief against New York and Connecticut Arkansas suing the same company, accusing it of offering illegal gambling The Commodity Futures Trading Commission (CFTC) telling registered DCMs to reverse any geoblocking they implemented What else happened this week?
Source: SBC Americas
