By The Weekly Edge desk ·
Casino.org reported that ProphetX completed a $35m funding round. The company is targeting expansion in B2B prediction markets.
The round adds $35m in financing for ProphetX.
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The partnership adds Pikkit to ProphetX’s B2B prediction market expansion.
The round adds $35m in financing to ProphetX.
The agreement brings ProphetX sports contracts into Players’ Lounge’s gaming platform.
Robinhood Derivatives faces a 16 October compliance deadline for Ohio’s cease-and-desist order concerning sports-event contracts.
Recipients face possible administrative, civil or criminal proceedings if they disregard the commission’s demands, PlayUSA reported.
Nine prediction market platforms face Connecticut cease-and-desist orders over sports event contracts offered to residents.