CFTC requests input on prediction market regulations
Federal regulators are developing rules for prediction markets, with CFTC seeking public comment and examining definitions of 'gambling' versus 'gaming' that af
The Presidential Prayer Team · +14 outlets
Kentucky and 15 states sue Kalshi, Polymarket over unlicensed gambling
Multiple state attorneys general filed lawsuits against prediction market platforms Kalshi and Polymarket, and sweepstakes firm VGW, alleging unlicensed gamblin
AffPapa · +14 outlets
Nevada judge issues preliminary injunction against Polymarket
A Nevada court temporarily blocked Polymarket from operating in the state, with gaming regulators seeking additional penalties against the platform over failure
ktnv.com · +14 outlets
Kalshi explores early IPO path with annualized revenue exceeding $2 billion
Kalshi is in early-stage talks with investment banks for an IPO as the prediction market platform's annualized revenue surpasses $2 billion, despite ongoing reg
Crowdfund Insider · +9 outlets
Charles Schwab, Cboe working on S&P 500 prediction market contracts
The major brokerage and exchange are developing 'yes-or-no' binary event contracts on the S&P 500 index as Wall Street explores prediction market infrastructure
The Block · +14 outlets
CFTC and CME clash over regulatory definition of crypto perpetual futures
CME is challenging CFTC jurisdiction over crypto perpetual futures, with the commission aiming to issue rules within one month and regulators debating whether t
CryptoRank · +11 outlets
Sports betting groups lobby Congress to exclude sports from prediction markets
Gaming industry groups pressed lawmakers to restrict sports betting markets on prediction market platforms like Kalshi and Polymarket.
LegalSportsReport · +6 outlets
Wealthsimple and Kalshi launch Predict app in Canada
The Canadian financial platform and prediction market operator expanded their partnership to offer prediction trading to Canadian users through a new app.
casino.com · +1 outlets
Prediction markets hit $10.8 billion in weekly volume amid major global events
Trading volume on prediction market platforms surged to record levels with Kalshi posting $8.5 billion weekly volume, driven by World Cup betting and other majo
TronWeekly · +6 outlets
FanDuel Predicts expands offerings through Crypto.com partnership
FanDuel's prediction market offering is broadening event contracts through a tie-up with the crypto exchange platform.
casino.com · +14 outlets
Multiple promo codes extend Kalshi and Polymarket bonuses across U.S. markets
Prediction market platforms launched numerous regional and sports-specific promotional offers in California, Oregon, Washington, and nationwide to drive user ac
OregonLive.com · +8 outlets