ADI Predictstreet Opens FIFA Prediction Market in 23 U.S. States on June 8

According to Bitcoin.com News, ADI Predictstreet went live on June 8 and is now available in 23 U.S. states through a co-branded World Cup Hub with Fanatics Markets, offering FIFA-branded prediction contracts for the first time to American traders ahead of the tournament's June 11 kickoff.

Gibraltar granted ADI its first prediction-market operator license in nine days following the company's incorporation, prompting criticism that the approval process was rushed; however, Gibraltar's gambling commissioner defended the speed, stating it did not reflect a lack of scrutiny. ADI traces to Abu Dhabi's International Holding Company through Finstreet, and CEO Dimitrios Psarrakis has denied involvement in the 2022 Qatargate investigation.