Nevada casinos adapt to U.S. discontinuation of penny production with new rounding rules

The end of penny production is forcing changes in Nevada casinos. The U.S. Treasury Department halted production of the one-cent coin in November 2025, citing costs that exceeded more than twice the coin’s face value. However, according to the Nevada Gaming Control Board, discussions about eliminating the penny had already begun earlier that year. State […]

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Greenlight Commodities executes first institutional prediction market trade on Kalshi

Greenlight Commodities has placed what it describes as the first institutional trade executed through a prediction market, completing an over-the-counter transaction on Kalshi between a Houston-based environmental hedge fund and Jump Trading Group. The Houston-based introducing broker, which is regulated by the Commodity Futures Trading Commission (CFTC), said it structured the contract, sourced counterparties, coordinated […]

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