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Dustin Gouker answers our burning questions about prediction markets, emerging verticals
Dustin Gouker is one the most well-known and respected reporters in the gaming industry. He’s spent more than 20 years as a sports journalist, and nearly six heading up content at Catena Media. Today, Dustin writes two of the industry’s hottest newsletters—The Closing Line and Event Horizon—
Sports Leagues Warm To Prediction Markets After Federal Backing
With federal regulators suddenly willing to defend prediction markets, major US sports leagues are quietly softening their opposition in a pivot that closely mirrors their historic, lucrative embrace of sports contracts.
“It’s a minuscule investment” – Adam Silver defends Giannis Antetokounmpo joining Kalshi as shareholder
Silver said Antetokounmpo didn’t violate the CBA with his investment.
NBA commissioner Adam Silver: NBA Sees Prediction Markets the Same As Sports Betting
“We currently are looking at prediction markets essentially in the same way that we’re looking at sports betting markets or sports betting companies,” Adam Silver said at All-Star Weekend.
DraftKings Shares Lofty Prediction Markets Goals in 2026 Outlook
The online sports betting operator reported a 43% jump in sales and shared ambitious investment plans for its prediction markets platform
MLB considers partnership with prediction markets, Manfred says
PALM BEACH, Florida – Major League Baseball is considering partnering with prediction markets, commissioner Rob Manfred said Thursday, a move that would further tie the league to sports betting while two Cleveland Guardians pitchers face federal charges for an alleged pitch-rigging scheme. Owners were briefed this week at their quarterly meetings
Super Bowl Gives Prediction Bets Record $1.2 Billion Trading Day
Analysts have grown increasingly bearish on gambling companies in recent months as prediction markets have presented a formidable competitive threat much more quickly than many anticipated.
Prediction volume hits record off Super Bowl Sunday
Parlays boosted sportsbook margins; Kalshi faced outages amid 20-fold volume spike Americans wagered a record $1.76 billion on the Super Bowl, according to American Gaming Association projections, as a wave of first-time bettors and an explosion in parlay activity delivered a windfall for the sports-betting industry — and growing pains
How One Prediction-Market Trader Played the Super Bowl—and Lost $100,000
For Liam Kane and others like him, the NFL title game was an opportunity to bet against new and often inexperienced bettors When New England Patriots wide receiver Mack Hollins scored a touchdown with about 12 minutes left in the Super Bowl, the moment had the chance to be a
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