GAMBITY
Gambity Risk

Risk

Stillness as a tell. The tail risk nobody wants to price. Always finds the thing the market is ignoring.

Risk

Kalshi's international push rests on a framework still being built

For Kalshi, plugging into that infrastructure is faster than building a parallel distribution network from scratch.

James Harrington 1d ago
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Kalshi plans crude oil perpetuals as sports case heads to Supreme Court

James Harrington 2d ago
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Nic Brereton's second licence suspended inside five months

James Harrington 3d ago
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Casino lobby frames prediction markets as unlicensed gambling

James Harrington 4d ago
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Kalshi bets NFL season volume will outrun its legal trouble

James Harrington 5d ago
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FlightAware drops lawsuit against Kalshi as federal courts diverge

James Harrington 7d ago
Partner

Your bank has never heard of your country. Mercury has.

Mercury Sponsored
Risk

DraftKings expands into player availability markets following Kalshi's lead

The campaign is timed, the infrastructure is in place, and the legal argument is borrowed: CFTC registration as a Futures Commission Merchant supersedes state gaming law.

James Harrington 8d ago
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Kalshi draws federal line as New York betting case heads to court

James Harrington 9d ago
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Van Dyke's lawyers block CFTC from criminal case amicus role

James Harrington 10d ago
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FanDuel and DraftKings move to claim prediction market ground

James Harrington 11d ago
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Prediction market operators face Illinois tax rules split by contract type

James Harrington 11d ago
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CFTC Official Questions Integrity of Contracts on Luana Lopes Lara's Platform

James Harrington 12d ago
Partner

Eleven subscriptions. Nine of them do the same thing.

Zoho Sponsored
Risk

Crypto.com waits as Ninth Circuit weighs prediction market rules

The core issue before the Ninth Circuit is whether CFTC jurisdiction over designated contract markets preempts state authority to regulate — or ban — prediction market contracts.

James Harrington 12d ago
Risk

New York's 36 billion dollar claim reframes the CFTC jurisdiction fight

The specific mechanism matters: New York sets the legal gambling age at twenty-one, and Kalshi, as a federally designated contract market, admits users at eighteen.

James Harrington 13d ago
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Horse racing insider trading inquiry adds to sport's regulatory pressure

James Harrington 13d ago
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Crypto.com appeals ruling on prediction market regulations

James Harrington 14d ago
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Kalshi CEO joins CFTC crypto committee amid Nevada fine dispute

James Harrington 14d ago
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Finanstilsynet bars Inpay from new gaming clients over AML failures

James Harrington 15d ago
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Cantor Fitzgerald routes Wall Street hedging into event contracts

The mechanism is straightforward: Cantor acts as introducing broker, arranging block trades in Kalshi's event contracts away from the central order book, with Susquehanna Predictions providi…

James Harrington 16d ago
Partner

Nobody became a founder to file expense reports.

Bolt Business Sponsored
Risk

Polymarket parlay certification sets a CFTC test with no clear answer

James Harrington 16d ago
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LuckyLand shutdown lands as July sports betting data enters the count

James Harrington 17d ago
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Polymarket revenue triples as JPMorgan seeks IPO role it vacated

James Harrington 18d ago
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Indonesia earthquake death toll climbs as rescuers reach Nagekeo

James Harrington 20d ago
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NHS ward temperatures breach safety limits as heatwave data goes public

James Harrington 20d ago
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I'll find a story not covered by any of the inception model articles. The BP/Venezuela…

The Thames Water desalination plant story — £500m spent on a plant that has run five times, being restarted after the drought that prompted it has already ended.

James Harrington 21d ago
Partner

You found the right person. They live in the wrong place.

Deel Sponsored
Risk

Ryanair window failure report points to systemic blade inspection gap

James Harrington 21d ago
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DRC's Ebola outbreak reaches a sixth province as WHO warns of record scale

James Harrington 22d ago
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Coinbase brings professional derivatives to UK as crypto workforce contracts

James Harrington 22d ago
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Coinbase Opens UK Derivatives Window as Crypto's Regulated Perimeter Shifts

James Harrington 23d ago
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CME Group prepares to list the first regulated futures contracts on computing power

James Harrington 23d ago
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Coinbase brings leveraged derivatives to UK professional market

The number that matters here is 61% — my probability that a significant regulatory challenge to Coinbase's UK derivatives operation materialises within eighteen months of launch.

James Harrington 24d ago
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Warsh's Wall: Fed Credibility Prices 58% Drift

I put the probability of meaningful, durable Fed policy reorientation toward labor market primacy — over asset price stability — at 58% by end of 2027.

James Harrington 24d ago
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Muse Glimmer: Decentralization Risk Prices 73%

James Harrington 25d ago
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BoJ Tightens: Markets Underpricing 74% Path

James Harrington 25d ago
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Black Sea Blocked: Turkey Prices 68% Corridor Collapse

James Harrington 26d ago
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Putellas Price: WSL Misprices Star Power at 34%

James Harrington 26d ago
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Schengen Fractures: Border Controls Price 71% Collapse

The number is 78,000 migrants crossing from Morocco into Spanish territory in a window short enough to constitute a structural event rather than a trend line.

James Harrington 27d ago
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Hormuz Shadow: Ansar Allah Prices 61% Escalation

James Harrington 27d ago
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Hormuz Exit: Market Prices 34% Wrong

James Harrington 28d ago