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By The Weekly Edge desk ·
South Korea’s KCSC will wait for Polymarket’s formal response before taking action over alleged illegal gambling, reported by SBC News. Its Communications Review Subcommittee decided to give the platform an opportunity to respond.
The regulator has deferred action while Polymarket responds to the allegations.
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JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
The agreements add two prediction-market partners for Genius Sports.
The agreements connect Genius Sports with two prediction market platforms.
Genius links its Legend acquisition to customer-acquisition and data opportunities in prediction markets.
The agreements establish Genius Sports relationships with both prediction-market operators.
The agreements extend Genius Sports’ data services into both prediction market exchanges.