Gaming All In: Your Weekly Gaming Round-up

Research evidence excerpt

Gaming All In: Your Weekly Gaming Round-up

formalize how it reviews and potentially

blocks certain event contracts on “public interest” grounds – tightening scrutiny for

markets tied to violence/terrorism/illegal acts (incl. cyberattacks) and signaling a case-

by-case approach for sports contracts, with a defined review/comment process as

prediction markets grow and federal-state jurisdiction fights continue (here)

• Lawmakers led by Reps. Kevin Mullin and Gabe Vasquez urged the FTC to investigate

whether prediction market platforms are engaging in unfair or deceptive practices,

asking whether the FTC has opened (or plans) enforcement actions, how it distinguishes

betting vs. gambling in UDAP analysis, and whether it has received consumer complaints

(here)

• DraftKings announced accelerating DraftKings Predictions momentum, with

annualized total volume traded reaching $3.1bn in May (+34% m/m) and consumer

volume hitting $1.3bn (+24% m/m), as it pushes a unified “super app” strategy and ramps

a proprietary exchange plus “combos” ahead of the World Cup (here)

• FanDuel expanded FanDuel Predicts by adding Crypto.com’s CFTC-regulated OG

Prediction Markets contracts – bringing more sports, entertainment, and parlay-style

“combination” markets alongside its existing CME Group listings – just ahead of the

World Cup, as Flutter continues investing in prediction markets amid broader

organizational changes (here)

• Google updated its US prediction markets ad policy to prohibit prediction market

advertising in Ohio effective June 2, making Ohio (alongside Nevada) one of only two

states where such ads are banned (here)

• FIFA’s official prediction market partner ADI Predictstreet launched in the US via a