Sports Betting

Last week, FIFA announced a multi-year deal naming ADI Predictstreet its first official partner in the prediction market category, with a global rollout planned ahead of the FIFA World Cup 2026 to give fans interactive ways to forecast what happens on the pitch. The move lands as prediction markets...

On Friday, Nevada judge Jason Woodbury moved to block prediction market platform Kalshi from offering event-based contracts in the state, siding with regulators who argue the products amount to illegal gambling. Nevada Judge Extends Ban On Kalshi At a hearing in Carson City, Woodbury said he would...

For many years, Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) CEO Warren Buffett offered a $1 million per year for life prize to any employee who got the first 48 games right in the annual March Madness Men's Basketball Tournament. A rule change has led Buffett and the company to be more lenient about...

Martin Shkreli and U.S. Rep. Alexandria Ocasio-Cortez are unexpectedly aligned in arguing that Kalshi hasn't gone far enough in policing who can trade on its event markets. DKNG stock is moving. See the chart and price action here.  Shkreli and AOC's Rare Agreement In a social media post,...

The GOAT is back. Tiger is back. Legendary golfer Tiger Woods is making his return to professional golf Tuesday night to compete in an indoor league he helped create alongside golfer Rory McIlroy. Tuesday marks the first competition since July 2024 for the golfer considered by many to be the...

The annual NCAA men’s basketball tournament, colloquially known as March Madness, is predicted to cause a productivity loss of billions for American employers, according to a report published by employment firm Challenger, Gray and Christmas on Tuesday. The report suggests that the...

March Madness 2026 has arrived with the NCAA Men's Basketball Tournament running from March 17 through April 6. Just how rare is a perfect bracket — and is it even possible? Here’s a look at the odds and how prediction market company Kalshi is looking to reward the near impossible...

Prediction markets are often grouped with sports betting, but Seth Young, CEO of High Roller Technologies Inc's (AMEX:ROLR), believes that framing may be too narrow. In an exclusive email interview with Benzinga, Young describes the space as sitting at the convergence of finance, technology and...

Sports betting and iGaming company Flutter Entertainment (NYSE:FLUT) reported fourth-quarter financial results Thursday after market close. Here's the key highlights and why shares are falling. • Flutter Entertainment shares are approaching critical lows. Why are FLUT shares at support?...

Prediction markets have taken the world by storm, enabling consumers to predict the outcomes of sports contests, entertainment events, political events, cryptocurrency prices, and more. Indeed, they share some similarities with traditional online sportsbooks. Yet, there are three key differences,...

DraftKings Inc (NASDAQ:DKNG) reported financial results for the fourth quarter after the market close on Thursday. Here’s a rundown of the report. DraftKings shares are trending. What’s impacting DKNG stock? DraftKings Tops Analyst Estimates In Q4 DraftKings reported fourth-...

DraftKings Inc (NASDAQ:DKNG) could underscore both the upsides and downsides of prediction markets when it reports fourth-quarter results on Thursday after market close. Here are the earnings estimates, analyst ratings and key items to watch. DraftKings Q4 Earnings Estimates Analysts expect...

Super Bowl LX saw hundreds of millions of dollars bet on the matchup between the Seattle Seahawks and New England Patriots. Bank of America names Kalshi a winner for the Super Bowl and worries sportsbooks may have been overexposed to the Seahawks. • DraftKings stock is showing downward...

The highly anticipated Super Bowl LX served as a massive stress test for the burgeoning prediction market industry, but for Kalshi, the Super Bowl of betting was defined more by technical fumbles than financial gains. Surge In Volume Triggers Outages As the Seattle Seahawks took a commanding lead...

Super Bowl LX is not only a major sporting event but also a significant moment for prediction markets. On Sunday, the Seattle Seahawks will face the New England Patriots, drawing attention to platforms that let users trade contracts on real-world outcomes, from game results to halftime performances...