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Esports betting is picking up momentum. Oddin.gg is broadening its reach, BIG signs with Razed, and League of Legends betting grows on Kalshi.
Robinhood is reportedly considering adding prediction contracts from Crypto.com, a move that would sharpen its competition with established prediction market platform Kalshi.
Prediction market platform Kalshi has filed to offer gold, silver, and platinum futures contracts, signaling a major push into traditional commodity markets beyond its crypto roots.
Kalshi is offering new users a $10 bonus through promo code SBWIRE, covering prediction markets on crypto, MLB, the World Cup, and other events as of July 12.
CBOE is exploring crypto perpetual futures as prediction market platform Kalshi disrupts the traditional futures landscape, signaling a shift in regulated derivatives.
IEM Cologne dominated prediction market activity on Kalshi, accounting for 63% of all esports betting volume during the week of June 7-13, per Esports Insider.
CME Group is preparing legal action against the CFTC over a decision related to crypto perpetual futures products connected to prediction market platform Kalshi.
CME Group is preparing legal action against the CFTC in a dispute over crypto perpetual futures tied to prediction market operator Kalshi, signaling a major regulatory clash.
