Fintech broker Plus500 starts sports events based prediction contracts in the US
Fintech broker Plus500 starts sports events based prediction contracts in the US June 29 (Reuters) - Plus500 PLUSP.L said on Monday it had launched sports event-based contracts in the United States, the highest-engagement category in prediction markets, extending its push into one of the fastest-growing segments of the American retail trading market.
Here are some more details:
The London-listed fintech group offers prediction markets to US traders through its Plus500 Futures platform using regulated event contracts listed on Kalshi.
The move follows Plus500's first foray into the prediction markets space in December 2025, when it was appointed clearing partner for the CME Group and FanDuel's event-based contracts platform.
The new sports contracts, which span NFL, NBA and MLB, will be delivered through Plus500's proprietary futures trading platform.
Prediction markets surged during the 2024 U.S. election, emerging as a new asset class but drawing growing scrutiny over manipulation and insider trading risks.
(Reporting by Yamini Kalia in Bengaluru; Editing by Nivedita Bhattacharjee)
((Yamini.Kalia@thomsonreuters.com;))