Commodity Futures Trading Commission
Prediction Market Kalshi Launches Sports Betting
Kalshi filed with the CFTC to list Super Bowl betting odds. Industry observers wonder whether exchanges could disrupt traditional sportsbooks.
The trading exchange filed with the Commodity Futures Trading Commission on Wednesday to put up odds on Super Bowl futures.
This comes weeks after competing exchange Crypto.com did the same. The CFTC asked Crypto.com to take down the odds pending the regulatory review, but the exchange rebuffed the request. As Front Office Sports noted previously, Crypto.com is sensitive about labeling the market as sports betting, instead referring to them as event contracts that are traded as derivatives and regulated by the CFTC. In markets outside of sports, Kalshi has specifically referred to customers’ risk as bets.
The CFTC, which regulates the U.S. derivatives market, will flip from majority Democrat to Republican when chairman Rostin Behman leaves the commission. Commissioner Caroline Pham was appointed acting chair by President Donald Trump last week.
Kalshi successfully fought CFTC regulation to post presidential election betting odds last year. Founded in 2018, the exchange offers trading on anything from who will win the Oscar for Best Picture to whether Trump will buy Greenland. Its backers include VC firms Sequoia, Neo, Y Combinator, Mantis VC, and private equity maven Henry Kravis.
The post Prediction Market Kalshi Launches Sports Betting appeared first on Gaming and Gambling Industry in the Americas.
Commodity Futures Trading Commission
TRUEiGTECH Launches Prediction Market Platform Aggregated API, Connecting Polymarket, Kalshi and Many More
TRUEiGTECH announced the launch of its unified prediction market platform API, designed to help businesses and operators scale within the global prediction market platforms ecosystem.
With the market surpassing $10 billion in annual trading volume, operators face fragmented infrastructure and limited liquidity access.
The unified API addresses this by enabling a single integration with platforms such as Polymarket and Kalshi, while unlocking aggregated liquidity across multiple sources.
It enables faster deployment of turnkey prediction market platforms, allowing operators to enter the market with reduced development timelines.
The API is currently available to select partners and early adopters, with deployments focused on enabling faster market entry and improved liquidity access.
For operators requiring more flexibility, the infrastructure also supports bespoke platform development tailored to specific workflows, integrations, and market strategies.
Opening a Direct Pathway for Operators to Enter a High-Growth Market
The launch of TRUEiGTECH’s unified API creates a clear entry point for operators looking to participate in the next phase of prediction market growth.
Until now, building or expanding a prediction market platform required multiple integrations, separate liquidity sources, and significant backend development. This slowed time to market and created barriers for new entrants.
With a unified integration layer, operators can now:
• Access multiple prediction market providers through a single integration, eliminating the need for parallel API builds
• Unlock a broader range of markets and liquidity pools within one system, improving depth and pricing efficiency
• Reduce development timelines by up to 70% while simplifying infrastructure complexity
• Scale across global markets with a unified and flexible deployment framework
As adoption accelerates, early operators gain a strategic advantage, including those expanding from adjacent segments such as sweepstakes gaming platforms.
Solving Fragmentation Across a Rapidly Expanding Ecosystem
Prediction markets are evolving into a key layer of digital decision-making infrastructure, yet the underlying systems remain disconnected.
“The next phase of prediction markets will be defined by connectivity, not isolation. Operators today are facing a fragmented system where liquidity, integrations, and scalability are all disconnected. This API creates a direct pathway for businesses to enter and scale in this market without rebuilding the same infrastructure from scratch,” said the CEO of TRUEiGTECH.
Current challenges across the industry include:
• Fragmented liquidity across independent platforms
• Redundant integrations for each provider
• Inconsistent pricing and shallow market depth
• Delayed platform launches due to technical complexity
TRUEiGTECH’s API introduces a unified model that consolidates access across providers, allowing platforms to operate within a more connected and efficient ecosystem.
By enabling shared liquidity and standardized integrations, the API helps improve price discovery, user experience, and overall market performance.
Aligned with Global Market Expansion in the US, Europe, and Brazil
The timing of this launch reflects a growing window of opportunity for operators to enter prediction markets across the US, Europe, and Brazil.
In the US, platforms such as Kalshi operate under the Commodity Futures Trading Commission (CFTC), while in Europe, licensing frameworks led by the UK Gambling Commission (UKGC) and Malta Gaming Authority (MGA) continue to shape market expansion. In Brazil, evolving regulations under the Secretariat of Prizes and Betting are opening new pathways for licensed betting and digital gaming platforms.
However, entering these markets requires navigating licensing approvals, KYC, and AML compliance, and jurisdiction-specific regulations.
TRUEiGTECH’s unified API is designed to support this expansion by enabling:
• Multi-region platform deployment aligned with US, European, and Brazilian market structures
• Integration across both regulated and decentralized ecosystems
• Flexible infrastructure that can adapt to jurisdiction-specific compliance and licensing requirements
• Expansion into new verticals including financial forecasting and media-driven event markets
Positioning Operators for the Next Phase of Prediction Markets
As prediction markets continue to grow, infrastructure is expected to play a defining role in determining market leaders.
Platforms that can access deeper liquidity, scale faster, and operate across multiple ecosystems will be better positioned to capture market share.
TRUEiGTECH’s unified API enables operators to build and scale prediction market platforms faster, while also supporting seamless deployment across web and mobile applications through integrated prediction market mobile app development capabilities.
With the market entering a critical growth phase, businesses that move early are likely to benefit from first mover advantage as prediction markets evolve into a mainstream digital product category.
The post TRUEiGTECH Launches Prediction Market Platform Aggregated API, Connecting Polymarket, Kalshi and Many More appeared first on Americas iGaming & Sports Betting News.
Commodity Futures Trading Commission
Smarkets Files for CFTC License to Enter U.S. Prediction Markets
Smarkets, one of the UK’s leading prediction markets, has filed for a license with the U.S. Commodity Futures Trading Commission (CFTC), marking its formal entry into the U.S. prediction markets space. Built on nearly two decades of technology development and approximately $50 billion in lifetime trading volume, the company is bringing a genuinely different model to America – one where prices are set by participants, not the house.
The filing opens two parallel regulatory tracks: a federal route through the CFTC for its core exchange platform, and state-by-state sportsbook licensing for its SBK product.
Founded in 2008 and now the number two prediction market in the UK, Smarkets owns its full technology stack end-to-end, including its matching engine, market-making capability, payments and data settlement systems. The company processes approximately $3 billion in annual traded volume and is profitable. Unlike traditional sportsbooks, which build margins of around 10+ percent into every price, Smarkets operates as a financial exchange with prices being determined in an open marketplace.
“The U.S. market is currently in a race against time to figure out how to regulate the predictions market. For the last nearly two decades, we’ve built Smarkets slow and steady, ensuring we built an exchange platform that did not cut corners and operated with transparency, putting the power into the hands of traders rather than the house. We believe now is the time to enter the U.S. market and bring the learnings that have made us successful in the UK, working with regulators, not around them,” said Jason Trost, founder and CEO.
Smarkets is backed by Susquehanna, one of the world’s largest quantitative trading firms, which led a $30M Series B. Previous investors include Passion Capital and DTCP.
The post Smarkets Files for CFTC License to Enter U.S. Prediction Markets appeared first on Americas iGaming & Sports Betting News.
American gambling industry
Gaming Americas Weekly Roundup – January 19-25
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
Lotto.com, the nation’s first online lottery platform to digitally deliver draw games and scratch tickets, has announced a major milestone – reaching 4 million customers, and counting, in less than five years since launching in Spring 2021. As the fastest-growing lottery courier platform, Lotto.com continues to redefine accessibility and convenience for players nationwide. Customers have collectively won over $150 million in prizes through Lotto.com, including $90 million in draw wins and $63 million in scratch wins, with more than 7 million winning tickets ordered on the platform. These results highlight the excitement, ease and trust players have in Lotto.com’s modern approach to lottery.
NCAA President Charlie Baker has requested the Commodity Futures Trading Commission to pause all college sport offerings in prediction markets until the agency implements appropriate regulations. The NCAA sent a letter to the CFTC calling for a robust system of safeguards and detailed its willingness to work with the regulatory body to assist with developing the necessary guardrails to protect student-athletes and college sports. The critical safeguards requested include age and advertising restrictions, enhanced integrity monitoring, prop market prevention, anti-harassment measures, and harm reduction resources.
The Nevada Gaming Control Board has filed a civil enforcement action in the District Court for Carson City against BLOCKRATIZE INC. d/b/a POLYMARKET; QCX LLC d/b/a POLYMARKET US; and ADVENTURE ONE QSS INC. d/b/a POLYMARKET. In its complaint, the Board asked the court for a declaration and injunction to stop Polymarket from offering unlicensed wagering in violation of Nevada law. Polymarket operates a derivatives exchange and prediction market where it offers event contracts for sale. These products are offered for sale on Polymarket’s mobile app and are made available to people in Nevada. The Board considers offering sports event contracts, or certain other events contracts, to constitute wagering activity under NRS 463.0193 and 463.01962 and, therefore, entities offering such event contracts must be licensed.
Partnerships
High Roller Technologies Inc. announced it has entered into a binding Letter of Intent (LOI) with Crypto.com | Derivatives North America (CDNA), for an exclusive partnership to launch an event-based prediction markets product in the US. The events contracts will be offered by CDNA, a CFTC-registered exchange and clearinghouse and affiliate of Crypto.com, to customers through HighRoller.com. The partnership will offer people the opportunity to trade event contracts across markets including finance, entertainment, and sports, through a legal, engaging, and user-friendly platform.
High Roller Technologies Inc. announced it has signed a non-binding Letter of Intent (LOI) with Lines.com, a premier sports media platform owned by Spike Up Media, to enter into and execute a strategic marketing partnership designed to accelerate customer acquisition and brand awareness for High Roller’s planned entry into U.S. prediction markets. This LOI follows High Roller’s announcement of its strategic partnership with Crypto.com | Derivatives North America to launch a regulated event-based prediction markets product in the US. Through the contemplated strategic marketing partnership, Lines.com will serve as a key distribution and media partner, leveraging its high-intent audience, advanced automation infrastructure, and market-leading conversion performance to support High Roller’s prediction markets rollout.
The post Gaming Americas Weekly Roundup – January 19-25 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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