Kalshi denied NY injunction, Citadel and Crypto.com-backed Prospect expand, today in prediction market news LIVE
Today in prediction market news, we’re following the biggest stories as they develop, including Kalshi’s loss in its bid for a preliminary injunction in New York, Citadel Sports Group’s reported push into the prediction markets industry, Prospect Markets’ U.S. launch through a Crypto.com-backed partnership, growing state-level battles over prediction market regulation and taxation, and new analyst research highlighting the sector’s record momentum in June. Follow along for live updates on prediction markets, regulation, sports event trading, crypto, and the companies driving the industry’s next phase.
The post Kalshi denied NY injunction, Citadel and Crypto.com-backed Prospect expand, today in prediction market news LIVE appeared first on ReadWrite.
Suswati Basu
News Editor
Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC. As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…
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