An absurd bidding process became too much for Netflix. They're out 👋

Intercontinental Exchange, which owns the NYSE, has so far avoided scrutiny for its ties to the Polymarket war bets that have drawn outcry from public critics and lawmakers.

If Instagram and other social media apps are found to cause addictions in ways that break the law, what does that mean for sports betting apps and sports apps? The Meta/social media trial isn't about sports, but sports should be paying close attention. My @sportico.bsky.social legal column:

Robinhood's prediction market exchange and clearinghouse Rothera submitted an all-caps "FINAL" version of its rulebook this week. Robinhood has not provided an exact date for migration to the exchange, but it could be coming soon.

Despite its $9 billion valuation, Polymarket's corporate umbrella gets little coverage. Take its connections with Panama, for example. New feature from me on the Central American "operator" of Polymarket's international exchange.

Some big numbers in Novig's new raise led by Pantera Capital. I'm told company is now valued at $500 million. Seeing a notable pick-up in trend of crypto companies and funds jumping into prediction markets.

Signs of life for the NBA All-Star Game 👽

When sportsbook veterans make markets in the same place as financial firms, who has the edge? New prediction markets feature story from me.

The value of the average MLS franchise is up 6% from last year 📈

My Sportico colleague @mccannsportslaw.bsky.social provides timely analysis on how the CFTC might get involved with ongoing prediction market litigation...

Even if Sporttrade succeeds in getting approval, the company will enter at a market share deficit to exchanges already operating under the CFTC.

On the latest twist in prediction markets—this one via the Trump administration

The NWSL club was supposed to cruise to the Champions Cup final. Instead, it squandered at least $800,000 in prize money that would have been split with its players.

EXCLUSIVE: Novig has applied for approval to become a CFTC-regulated prediction market exchange

Kalshi and its lobbying proxy are touting compliance at every turn—a PR message that stings Polymarket and turns attention away from alleged insider trading happening on its own platform.

BREAKING: Trinity Rodman is staying in the NWSL

Video game revenue rose in 2025, but other app categories grew at a faster pace, new data shows.

Scoop: the largest operator of U.S. youth sports clubs is for sale www.sportico.com/business/spo...

While Bloomington celebrates, more fanbases than ever will wake up Tuesday asking: Why not us next?

Cristiano Ronaldo is the highest-paid athlete in the word for the third year in a row. Feature story on the top 100 list from @kbadenhausen.bsky.social here: www.sportico.com/personalitie...

OPINION COLUMN: DraftKings, Fanatics and FanDuel demonstrated responsible gaming was never a moral issue or priority by releasing prediction market apps that abandoned some of their own norms.

Polymarket U.S. failed to fully launch in 2025, missing out on an untold amount of prediction market betting revenue. It's a development that has received surprisingly little public attention given the billions of dollars the company has raised this year. Story here...

Traditionally, fans have gone to stadiums and arenas to watch their favorite teams. Those teams are now watching them, too.

Among the similarities between Roblox and YouTube: how indie content creators are both empowered and vulnerable. Middlemen acquire content rights from people often lacking in negotiation experience, then make $ from big orgs like FIFA.

🎶 Ex-ch-ch-changes 🎶 Teamed up with @ebennovywilliams.bsky.social to write about DraftKings launching its prediction market without the exchange it bought.

Tonight's Xbox Bowl—where the existential crisis of the bloated non-CFP bowl format meets an existential crisis in Microsoft's video game hardware. It's a chaotic match! My column...

EXCLUSIVE: Laurene Powell Jobs is selling her stake in the parent company of the Washington Wizards, Mystics and Capitals Qatari sovereign wealth fund QIA, meanwhile, is increasing its investment.

NEW: Robinhood is racing to introduce customizable parlays before the NFL playoffs using Kalshi's RFQ system 🏈 The move seems to conflict with some of the company's claims about whether it offers gambling. Story here...

BREAKING: Sophia Wilson becomes a $1 million player

Polymarket is abandoning the controversial way it resolves bets for the U.S. version of its prediction market app.

Fanatics is launching its prediction market app today. Just don't expect to see the G-word.

Robinhood has a valuation that exceeds DraftKings, FanDuel, Polymarket and Kalshi combined. No wonder its purchase of prediction market infrastructure is turning heads. My analysis...

NEW: Almost everything about Kalshi’s sports parlays—the RFQ system that executes them, the financial results for retail users, the quiet rollout—seem to conflict with the public image company execs are trying to create.

Our prediction markets for dummies explainer has been updated again with some of the recent developments. Hard to keep up. Hopefully useful for the people who have no idea what I've been talking about the past year!

CFTC staffers past and present are puzzled about one of Kalshi's go-to explanations for why going offline anywhere for any amount of time could be harmful. Recent Nevada court developments have also been revealing. So where did the claims originate? New story...

The Luka Doncic trade has been a disaster for the Dallas Mavericks. But as I detailed in June, it has been a big win for one niche web video game. Here's that story, which Nico Harrison's reported dismissal makes relevant today...

If Saudi Arabia's ambition is to become the world leader in everything video games, it needs to beat East Asia's mobile dominance. The pending EA deal could help with that.

The Trump family has deepened its ties to sports betting.

The only other sports teams in the world to hit the $1 billion mark are the NFL’s Dallas Cowboys and LaLiga giants Real Madrid and Barcelona.

Gambling isn’t the only eye-catching part of Thursday’s federal indictment in the NBA betting case. It also puts tanking back in the spotlight by alleging that the 2022-23 Blazers intentionally lost games (and leaked inside info about said strategy) My take: www.sportico.com/leagues/bask...

Something I've been thinking about for months is how prediction markets will impact geolocation tech companies. New feature story from me... www.sportico.com/business/tec...

A proposed overhaul to college soccer includes a promotion/relegation system 👀

In China: Meta ❌ Google Search ❌ Reddit ❌ Kalshi ✅ (?)

Happy Sportico NHL valuations day to those who celebrate. Ranking list here: www.sportico.com/feature/nhl-...

Kalshi launched custom parlays last night, a long-awaited feat one would expect the company to shout from the rooftops. Instead, there has been complete radio silence.

South Park gave prediction markets some free PR last night

Big Ten refs are insane, stop the steal!

2025 Maryland football the greatest team in college football history

Kalshi says it never wins when users lose. That's not true—at least for the parent company. Kalshi Trading, owned by Kalshi Inc., is a for-profit entity operating on the exchange. We break down the affiliate and how its existence seems to contradict Kalshi's public messaging.

Kalshi and Polymarket say state law doesn't apply to them. What about intellectual property law? That's the latest potential land mine they're testing, so far without pushback.