Nevada, federal lawmakers introduce bills to ban sports prediction markets
Multiple bills introduced in Nevada and Congress aim to restrict or ban sports betting on prediction market platforms like Kalshi and Polymarket.
Las Vegas Review-Journal · +14 outlets
Kalshi blocked in Washington state; CFTC and court battles escalate
A Washington judge granted a preliminary injunction against Kalshi over gambling law violations, while the CFTC ordered Kalshi to honor Michigan trades amid leg
The Daily Chronicle · +14 outlets
CFTC receives thousands of comments as prediction markets rule deadline approaches
The CFTC's proposed prediction markets framework draws extensive public comment ahead of a July 27 deadline, with industry and advocacy groups weighing in.
Lineups · +2 outlets
AGA, Indian gaming groups urge Congress to restrict prediction markets
Traditional gaming and tribal gaming interests lobby Congress to curb sports event prediction markets, citing lost tax revenue and sovereignty concerns.
sigma.world · +9 outlets
CME CEO calls some prediction markets 'gambling' amid exchange expansion
The CME Group CEO publicly disputes the classification of certain sports prediction markets while expanding the exchange's own sports contract offerings.
Gambling Insider · +4 outlets
Senate Democrats seek prediction market restrictions in CLARITY Act talks
A dozen Senate Democrats are pushing for restrictions on prediction markets as the broader CLARITY Act infrastructure bill negotiations proceed.
The Event Horizon · +14 outlets
Wisconsin warns prediction market traders they face felony charges for election betting
Wisconsin authorities warn users of platforms like Kalshi that betting on elections could result in loss of voting rights or felony charges under state law.
The Event Horizon · +10 outlets
Crypto.com subsidiary OG sues Washington after state court blocks Kalshi
Crypto.com's OG prediction market platform has filed suit in Washington state following a state court injunction against rival Kalshi.
sbcamericas.com · +6 outlets
Prediction markets face insider-trading scrutiny from CFTC and DOJ
Federal law enforcement and regulators are investigating potential insider trading activity on prediction market platforms.
Gaming Today · +14 outlets
CFTC chief vows court fight as states target prediction markets
CFTC Chairman Selig signals the agency will litigate to defend federal jurisdiction over prediction markets against state restrictions.
Stocktwits · +2 outlets
Talos integrates Kalshi to provide institutional prediction market trading
Institutional trading firm Talos integrates Kalshi's event contracts to deliver prediction markets alongside crypto perpetuals to professional traders.
The Crypto Times · +14 outlets
Prediction markets debate centers on legality across all 50 states
Legal status of platforms like Kalshi and Polymarket varies widely by state, creating a patchwork of compliance challenges.
CBS Sports · +14 outlets
NCAA voices concerns over prediction markets threatening athlete integrity
The NCAA has sounded an alarm about prediction markets and their potential impact on athletes' safety and eligibility.
gamingintelligence.com · +4 outlets
Prediction markets put state gambling laws to the test in court
State gambling statutes are being challenged in court as platforms contest whether prediction markets constitute illegal gambling.
National Conference of State Legislature · +14 outlets
Kalshi raises $1 billion Series F to accelerate platform development
The leading U.S. prediction market platform Kalshi secures $1 billion in Series F funding.
iNews Zoombangla · +14 outlets
CLARITY Act oversight expansion could reshape CFTC's prediction markets role
Legal analysis suggests the proposed CLARITY Act infrastructure bill could substantially expand CFTC jurisdiction over prediction market technology providers.
The Crypto Times · +14 outlets
Polymarket taken offline in France after regulatory block
French regulators have blocked access to Polymarket, with the platform taking legal action in response.
Crypto News · +14 outlets
Prediction markets edge toward mainstream as debate over regulation intensifies
Washington policymakers view prediction markets as a priority topic amid broader questions about CFTC authority and state jurisdiction.
Lineups · +1 outlets