DraftKings and FanDuel Duopoly Facing Existential Threat From Prediction Markets
It’s the oldest trick in the book: If you can’t beat ‘em, join ‘em. But despite their much-heralded move into the Prediction…
It’s the oldest trick in the book: If you can’t beat ‘em, join ‘em. But despite their much-heralded move into the Prediction…
Inspired by the U.S. boom in digital derivatives, B3, Brazil’s main stock exchange, plans to launch prediction market products before the end…
Hawaii, the American Pacific tourist paradise of 137 islands and latterly best known as the birthplace of former U.S. president Barack Obama,…
Online dominator DraftKings has upped its bid to crack New Wave iGaming (NWiG), aka predictions markets. The Massachusetts-origin iGaming pioneers has just…
It’s not Letter From America’s role to write obituaries, but 2026–spurred by the inexorable rise of prediction markets–is already shaping up to…
American gambling is full of contradictions, but one industry veteran has crushed market dynamics and knows where things are heading: Meet U.S….
Controversial prediction markets site Polymarket–at the centre of an alleged insider betting scandal over the sequestration of Venezuelan strongman Nicolás Maduro by…
The stench of corruption emanating from U.S. prediction markets has become undeniable. From the controversial decision of the highest authority in the…
Welcome to the New Year and the first Letter From America of 2026. We’re kicking-off by diving straight into the Venezuela prediction…
Does the seizure and sequestration of Venezuelan strongman Nicolás Maduro by the United States signify a bona fide invasion, or no invasion? …
Predict. Now that’s a good start, because with U.S. giants FanDuel, DraftKings and BetMGM all set to embrace the prediction markets phenomenon…
FanDuel has launched FanDuel Predicts in partnership with CME Group, introducing a new digital platform that allows users to trade event-based contracts…
DraftKings has launched DraftKings Predictions, a new standalone mobile and web application that allows eligible users to trade event contracts linked to…
The Arizona Department of Gaming (ADG) has notified fantasy sports operator Underdog that it is revoking its licence due to its partnership…
No doubt emboldened by its US$11 billion valuation, Kalshi–hitherto President Donald Trump’s favourite prediction markets site for correctly predicting his return to…
Autumn leaves may be falling but powered by the return of across-the-board sporting action revenues everywhere are up, marking the U.S. market’s…