Archive snapshot · Markets
Fri, Jul 24, 2:47 AM ET
Kalshi wins $27 billion World Cup betting windfall as platform surges
Kalshi processed record volumes during the 2026 FIFA World Cup, capturing significant trading activity and validating prediction markets as mainstream financial
South China Morning Post · +10 outlets
Nevada lawmakers introduce bill to ban sports prediction market contracts
Bipartisan legislation in Nevada aims to prohibit sports event contracts on prediction markets, marking escalating regulatory pressure on the platforms.
The Daily Gazette · +14 outlets
CME CEO says sports prediction markets are gambling, expects Supreme Court fight
CME Group leadership publicly disputes the legal status of sports prediction markets and anticipates a high-court challenge.
FishDuck · +14 outlets
Senate Democrats push for prediction market restrictions in CLARITY Act
A dozen Democratic senators are seeking restrictions on sports prediction markets as part of broader cryptocurrency legislation negotiations.
FishDuck · +14 outlets
LeBron James free agency fuels prediction market trading boom
Speculation over LeBron James' team choice drove unprecedented trading volumes on Kalshi and Polymarket, with market positions reportedly influenced by leaked v
The Washington Post · +8 outlets
Wisconsin threatens voters betting on elections; Kalshi locks horns with state
Wisconsin warned citizens about prediction market election betting and Kalshi is challenging the state's authority to restrict such activity.
Competitive Enterprise Institute · +1 outlets
CFTC receives thousands of comments on prediction markets proposal
Intense public engagement with the CFTC's proposed prediction market rules has drawn substantial commentary from industry and public sectors.
Lineups · +10 outlets
Europe advancing regulatory rules on prediction markets after crypto focus shift
European regulators are prioritizing prediction market oversight as a major policy issue distinct from stablecoin regulation.
Finance Magnates · +9 outlets
Polymarket valuation reaches $15 billion after federal license as Trump Jr.'s fund participation revealed
Polymarket's estimated value has surged to $15 billion following regulatory clarity, with prior venture backing from Trump Jr.'s investment fund disclosed.
Yahoo Finance · +4 outlets
Netflix documentary explores prediction markets boom and regulatory risks
A new Netflix documentary examines the rapid growth of prediction markets and their unresolved legal and social questions.
The Closing Line · +2 outlets
Donald Trump teleprompter operator investigated for insider trading on Kalshi speech bets
Federal authorities are probing possible insider trading by a campaign staffer who may have bet on prediction markets using non-public information.
The Jerusalem Post · +14 outlets
Lottery organizations warn prediction markets could undermine public revenue programs
State lottery groups and NASPL are stepping up opposition to prediction markets, citing threats to gaming revenue that funds education and public services.
Casino.org · +3 outlets
Big Brother elimination odds become hottest Kalshi market amid NBA objections
Reality television betting has become a top performer on Kalshi despite leagues and sports bodies opposing such markets.
The Washington Post · +2 outlets
Kalshi plans perpetual futures for precious metals and copper
Kalshi is expanding beyond sports and events into commodity derivatives, signaling ambitions to serve serious traders on precious metals.
Mining.com.au · +4 outlets
Seven governors ban insider betting on prediction markets
Multiple state executives have unilaterally restricted prediction market trading by officials and employees with access to non-public information.
State Affairs · +14 outlets
Macquarie forecasts prediction market volume could reach $1.5 trillion by 2030
Major investment bank projects explosive growth in prediction market trading volumes over the next four years.
Casino.org · +2 outlets
ProphetX and Players' Lounge launch CFTC-regulated sports prediction markets for gamers
A new partnership brings CFTC-regulated prediction market technology to competitive gamers via an existing esports platform.
PR Newswire · +11 outlets
Morgan Stanley cuts DraftKings target as prediction markets expand competitive threat
Wall Street analyst sees prediction markets eating into DraftKings' addressable market and profitability.
NEXT.io · +1 outlets

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