The market has grown from its roots in elections into sports, economic data and short-term price bets. Robinhood entered the business through a partnership with Kalshi, a federally regulated prediction market exchange, and has since made event contracts a growing part of its trading platform. The expansion comes as sports contracts face legal challenges from […]
MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the legacy sportsbook model is structurally broken because it treats winning bettors as cheaters. “Sports […]