Feed / Enforcement & compliance
By The Weekly Edge desk ·
The KSA has upheld its illegal gambling sanction against Polymarket following an appeal, reported by iGaming Business. Polymarket said its platform connects users to an open-source blockchain protocol and argued that financial rules cover certain markets.
The sanction remains in place despite Polymarket’s arguments about its platform and contracts.
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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.