New York Attorney General Letitia James filed a $36 billion lawsuit accusing Kalshi of running an unlicensed illegal gambling operation through its sports event

Polymarket and Kalshi's combined trading volume reached an all-time high of about $50.6 billion in July, driven in part by World Cup activity, marking a histori

Robinhood's Q2 revenue hit a record $1.31 billion as event contracts surged to $156 million in quarterly revenue from $10 million a year earlier, with predictio

Sixth Circuit judges questioned Kalshi's sports contracts while a federal judge paused Minnesota's first-in-the-nation prediction market ban, and 44 states chal

IG Group announced a $1.3 billion acquisition of sports prediction firm Underdog, a major consolidation play in the prediction and betting space as brokers expa

Former congressman George Santos was penalised in connection with a Kalshi prediction market scandal, and a teleprompter operator accused in a related Kalshi be

Polymarket, Polymarket US and Kalshi posted a combined record trading volume of about $50.6 billion in July, driven largely by World Cup activity.

Polymarket is using Palantir technology to monitor and police its sports prediction markets for manipulation and abuse.

A federal fight over betting markets has Minnesota in the crosshairs after it lost an early court round against Kalshi and Polymarket.

A US servicemember facing charges argued in court that wagering on a classified operation against Venezuelan leader Nicolas Maduro should not be treated as a cr

Prediction market odds put an 88% chance on Apple launching a foldable iPhone in 2026.

A look at how sophisticated traders on prediction markets go beyond headline odds to find an informational edge.

New York Attorney General sued Kalshi seeking up to $36 billion in penalties, alleging its sports event contracts constitute an illegal gambling operation under

Appeals court judges pressed Kalshi on whether its sports contracts qualify as regulated derivatives or impermissible gambling, in the ongoing federal fight ove

Kalshi, Polymarket, and Polymarket US posted a record combined July trading volume of roughly $50.6 billion, boosted by the 2026 World Cup, the highest monthly

A federal court sided with Kalshi and Polymarket in the first round of Minnesota's effort to restrict prediction markets, part of a broader fight that has put t

Former congressman George Santos agreed to pay a fine after allegations he traded on non-public information in Kalshi markets, with the bet reportedly costing h

Kalshi is pushing to be treated like polling for regulatory purposes, but senators signaled they are not yet ready to make that comparison in hearings on predic

Robinhood's prediction markets segment has overtaken stock trading as a revenue source, marking a major milestone in the company's business model shift.

Kalshi is lobbying to have prediction markets treated similarly to polling data, but senators remain unconvinced about the regulatory approach.

Prediction markets are pricing a wide field of potential 2028 Republican and Democratic nominees, with AI model verdicts compared against market prices.

Kalshi is testing whether prediction market contracts belong on traditional Wall Street exchanges, raising questions about regulatory classification.

Prediction markets are pricing the 2026 midterm elections for Senate and House control, with models showing varying confidence versus market odds.

Donald Trump's complete and total endorsement of an Arizona Republican candidate immediately improved their odds on prediction markets.

Robinhood's event contracts generated $156M in quarterly revenue, overtaking stock trading for the first time and highlighting the platform's strategic pivot to

The UK-based trading giant expands into US sports betting and prediction markets with its largest-ever acquisition.

The former US congressman was penalized by the Commodity Futures Trading Commission for attempting to manipulate prediction market contracts on Kalshi.

New York state regulators take enforcement action against Kalshi, adding to the regulatory uncertainty surrounding prediction markets.

Ongoing legal proceedings from the FTX collapse are setting precedents that could define how prediction markets are treated under crypto and financial law.

The crypto perpetuals exchange is expanding into event contracts, further blurring lines between DeFi and prediction markets.

NY Attorney General Letitia James filed suit claiming Kalshi's event contracts constitute illegal gambling under state law, seeking billions in penalties and se

A coalition of 44 states formally opposes the CFTC's plan to regulate event contracts, arguing it oversteps federal authority and threatens state gambling laws.

A federal court temporarily blocked Minnesota's new law banning prediction markets, with the state losing its first legal round against Kalshi and Polymarket.

Appeals court judges expressed skepticism about Kalshi's sports event contracts during oral arguments, signaling potential curbs on CFTC-approved markets.

The NFL asked the CFTC to impose stricter controls on prediction market contracts covering sports, citing integrity concerns.

Former Congressman George Santos settled a CFTC probe into manipulative trading on Kalshi's prediction markets, paying a $35,000 penalty.