Auto Added by WPeMatico

Draftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim

Draftkings and Flutter Entertainment have both moved into market-making on prediction-market platforms, escalating from consumer-facing products into the financial infrastructure of an industry that built its identity on peer-to-peer trading.…

Continue ReadingDraftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim

ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability

Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat…

Continue ReadingICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability

Six Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape

The American Gaming Association published its Q1 2026 Gaming Industry Outlook on May 7, the trade group’s biannual sentiment survey conducted by Oxford Economics across 26 senior gaming executives between…

Continue ReadingSix Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape

Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance

Flutter Entertainment announced a leadership transition at FanDuel, with Chief Executive Amy Howe departing after five years and Christian Genetski stepping into the CEO role. The departure was confirmed alongside…

Continue ReadingFlutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance

NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene

A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi…

Continue ReadingNHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene