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By The Weekly Edge desk ·
Spain’s DGOJ has opened disciplinary proceedings concerning Polymarket and Kalshi, SBC News reported. The regulator alleges that the prediction market businesses operated in Spain without the necessary gambling licences.
Both companies face disciplinary proceedings over alleged unlicensed gambling activity in Spain.
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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.