Charles Schwab Enters the Prediction Market Space With Cboe Binary Options Tied to the S&P 500
Charles Schwab and Cboe Global Markets are developing all-or-nothing binary options contracts on the S&P 500, marking a major mainstream...
Prediction Markets Hit $12.2 Billion in Weekly Volume as World Cup Drives Unprecedented Sports Betting Activity
Prediction markets hit simultaneous all-time highs in weekly volume, open interest, fees, and active users during the week of June...
Minnesota and California AGs Square Off With CFTC Over Who Controls Prediction Markets in America
Minnesota AG Keith Ellison and California AG Rob Bonta publicly criticized the CFTC's push to assert federal control over prediction...
Vegas Golden Knights Owner Bill Foley Formally Enters NBA Las Vegas Expansion Race With T-Mobile Arena Proposal
Bill Foley, owner of the Vegas Golden Knights, officially submitted a bid to land an NBA expansion franchise in Las...
DOJ Fraud Division Prosecutes Illegal Offshore Sportsbook Operator in First Sports Betting Case
The DOJ's newly created National Fraud Enforcement Division secured its first sports betting prosecution, charging California resident Jason Feinman with...
Stop Lawmakers From Predicting Act Would Bar Congress Members and Families From Prediction Market Bets
The Stop Lawmakers From Predicting Act, introduced by House Administration Committee Chairman Bryan Steil, would prohibit members of Congress, their...
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