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0.00214477211796242 0.00053619302949051 -0.00160857908847191 -0.00134048257372666 -0.00589812332439694 -0.0157640750670242 -0.033780160857909 -0.0402144772117962
Stock impact report

Ruddock Report: Can Prediction Markets Accelerate Online Casino Legalization? [Yahoo! Finance]

Rush Street Interactive, Inc. Class A (RSI) 
Company Research Source: Yahoo! Finance
All eyes are on prediction markets. Sports betting operators are trying to hold them back at the gate, so far unsuccessfully, as platforms like Kalshi continue to expand nationwide, even in states where sports betting remains prohibited. Regulated by the Commodity Futures Trading Commission (CFTC), prediction markets argue they are outside the purview of state regulatory bodies. And they are surging in popularity, offering a legal alternative in jurisdictions where sports betting is not permitted. Online casinos appear to be insulated from prediction markets — but that may not actually be the case. Prediction-style casinos coming? According to Eilers & Krejcik Gaming, Kalshi is kicking the tires around a casino-like prediction market. “Unconfirmed but growing chatter suggests Kalshi may be exploring a prediction markets (PM)-based casino-like product,” EKG reports. “The contours of a PM casino-ified product are unclear, and potential reactions from regulators, courts, and Con Show less Read more
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