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DraftKings buys Railbird: a federally regulated bridge into prediction markets
DraftKings has acquired Railbird Technologies and its CFTC-designated exchange, Railbird Exchange, in a move that drags the US sportsbook wars onto a new board: federally regulated prediction markets. The company says it will launch DraftKings Predictions , a mobile app that lets customers trade event contracts on real-world outcomes in finance, culture and entertainment “in the coming months.” Financial terms were not disclosed. Deal timing. DraftKings announced the transa
P2P wagering platform Slips adds AI-powered prediction markets
Slips is making a bold play at the intersection of peer-to-peer betting, prediction markets, and AI. The Los Angeles startup has unveiled...
Kalshi × xAI: How Elon Musk’s Grok Is About to Rewire Regulated Prediction Markets—and Rattle Sportsbooks
In an unprecedented move that could redefine how Americans engage with real-money forecasting, Kalshi and Elon Musk’s xAI are fusing...
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