Ben Horney
@BenHorney
Deals Reporter @FOS
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I'm told Kalshi, Polymarket, Rothera, Novig, and other prediction-market platforms received a CFTC letter last night seeking info on incentive programs by close of business Oct. 28.
ICYMI, Sept. 29 @FOS scoop stating that exactly this would happen:
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ICYMI, I went on CBS News last night to talk about the NFL's push for stronger regulation of prediction markets.
@FOS🤝@CBS
NEW: @SenBlumenthal wants more specifics about FanDuel's VIP bettor program, and he tells @FOS he intends to demand similar info from DraftKings and the likes of Kalshi and Polymarket.
Plus: some more info on how FanDuel (and other companies) use Cameo.
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NEW: Are prediction markets cannibalizing traditional sportsbooks? $DKNG CEO Jason Robins says no, & notes that the company's core business remains strong even though it missed on earnings.
“There are a lot of scary headlines out there,” he tells @FOS.
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