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How Kalshi helped prediction markets go mainstream

Summary by TechCrunch
Kalshi is the largest prediction market in America, creating an entire trading economy around political, sports, and cultural events. To some, including several states, it’s an illegal effort that requires gambling licenses. To others, including some courts and members of the Trump administration, it’s just a new financial opportunity. In a conversation with TechCrunch’s Maxwell […]

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How Kalshi helped prediction markets go mainstream

Kalshi is the largest prediction market in America, creating an entire trading economy around political, sports, and cultural events. To some, including several states, it’s an illegal effort that requires gambling licenses. To others, including some courts and members of the Trump administration, it’s just a new financial opportunity. In a conversation with TechCrunch’s Maxwell […]

·United States
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egr.globalegr.global

Michigan confirms investigation into prediction markets over “consumer protection” fears

The Michigan Gaming Control Board (MGCB) has confirmed it is in the midst of an investigation into sports event contracts and the presence of prediction markets in the state.  While the MGCB has told EGR North America that it has not issued any cease-and-desist orders to any company at this time, the regulator has disclosed it aims to tackle “consumer protection” concerns related to the burgeoning sector.  A spokesperson for the MGCB said: “The …

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Sports Betting DimeSports Betting Dime

Michigan Gaming Control Board Confirms Open Investigation into Sports Prediction Markets

The Michigan Gaming Control Board regulators today confirmed an open investigation into sports prediction markets The investigation aims to ensure residents are safeguarded against risks posed by “unregulated operators” The board has not yet taken any action against the markets The Michigan Gaming Control Board has revealed it is holding an open investigation into the sports prediction markets. A board spokesperson today confirmed the investigat…

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Sports Betting Dime broke the news in on Friday, April 4, 2025.
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