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

ProphetX closed a $35 million financing round, positioning itself as a CFTC-designated sports prediction market competing with Kalshi and Polymarket.

Binance US plans to file for a prediction markets license, signaling growing interest from crypto exchanges in entering the event contracts business.

Crypto market maker Wintermute entered prediction markets as an institutional liquidity provider, adding institutional depth to the sector.

The NFL urged the CFTC to tighten regulation of prediction markets, joining the regulatory debate over sports event contracts.

Hyperliquid is stepping up its push into prediction markets, a development with implications for HYPE token holders as the derivatives platform diversifies.

African crypto exchange Busha expanded into prediction markets with the launch of a licensed platform called Signal by Busha.

Senators pressed the CFTC on tribal consultation and gaming authority as part of the expanding congressional debate over prediction market regulation.

Coinbase expanded its prediction markets to include WTA tennis contracts, broadening its sports event offerings alongside other markets.

The New York Mets became the first MLB team to sign a prediction market deal, a milestone for sports team partnerships with event contract platforms.

A federal judge paused Minnesota's first-in-the-nation prediction market ban after Kalshi and Polymarket challenged it, raising questions about state versus fed

Beyond the record volume, analysts note geopolitics and future-tech markets such as AI IPOs, Mars missions, and NATO futures are dominating prediction market ac

As states and the CFTC debate event contract rules, guides track where Kalshi and Polymarket are legal state by state, reflecting an uneven regulatory landscape