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ProphetX has closed a $35 million financing round led by Parlay Capital and Data Point Capital as the federally approved sports prediction market looks to expand product development, liquidity and B2B infrastructure.
A California class action against DraftKings appears set to continue after a federal judge said the plaintiffs have standing and that the operator’s paid daily fantasy sports contests are likely prohibited by state law.
The World Poker Tour is bringing the Bay 101 Shooting Star Championship back to San Jose this fall, with the $5,300 main event scheduled for Oct. 23-27.
A new report says the rivalry between Polymarket and Kalshi has become deeply personal, with both sides disputing allegations as competition in the prediction-market sector intensifies.
A Polymarket profile page for user @pampam123 showed an active position tied to California’s 2026 governor election, offering a snapshot of how one trader is positioned in the market.
ProphetX says it has raised $35 million to deepen liquidity, build products and expand its B2B sports prediction market platform following its recent CFTC approvals.
