New York Sues Kalshi, Seeks $36 Billion Over Unlicensed Gambling Allegations
NY Attorney General Letitia James filed suit claiming Kalshi's event contracts constitute illegal gambling under state law, seeking billions in penalties and se
AffPapa · +14 outlets
44 States Challenge CFTC Proposed Rule on Event Contracts
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.
sigma.world · +14 outlets
Federal Judge Pauses Minnesota First-in-the-Nation Prediction Market Ban
A federal court temporarily blocked Minnesota's new law banning prediction markets, with the state losing its first legal round against Kalshi and Polymarket.
Crypto News · +14 outlets
Sixth Circuit Judges Question Legality of Kalshi Sports Contracts
Appeals court judges expressed skepticism about Kalshi's sports event contracts during oral arguments, signaling potential curbs on CFTC-approved markets.
ReadWrite · +14 outlets
NFL Urges CFTC to Tighten Prediction Market Regulation
The NFL asked the CFTC to impose stricter controls on prediction market contracts covering sports, citing integrity concerns.
디지털투데이 · +14 outlets
CFTC Fines George Santos $35,000 Over Manipulative Kalshi Trades
Former Congressman George Santos settled a CFTC probe into manipulative trading on Kalshi's prediction markets, paying a $35,000 penalty.
oann.com · +8 outlets
Kalshi and Polymarket Combined Volume Surpasses $50 Billion in July
The two leading prediction platforms hit an all-time high in combined monthly volume, reflecting surging user interest.
The Block · +14 outlets
Novig Becomes First Prediction Market Partner of an MLB Team
Prediction market startup Novig struck a sponsorship deal with a Major League Baseball team, marking a first in the industry.
igaming.org · +14 outlets
Federal Fight Over Betting Markets Puts Minnesota in Trump Crosshairs
The dispute over prediction market bans has drawn political attention as Minnesota becomes a test case for state vs federal authority.
startribune.com · +1 outlets
ProphetX Secures $35 Million and Presses CFTC on Fintech Rules
Prediction market platform ProphetX raised $35M for B2B expansion while lobbying the CFTC for clearer fintech regulations.
TipRanks
Crypto Court Filings Test Campaign Finance and Prediction Market Rules
Recent legal filings probe whether prediction market trades violate campaign finance law and how onchain evidence is treated in court.
tradersunion.com · +14 outlets
New York Lawsuit Tests Prediction Market Regulation Framework
The Kalshi suit in New York is seen as a landmark test of how state gambling laws interact with federally regulated event contracts.
PYMNTS.com · +14 outlets
Fed Rate Cut Odds for 2026 Tracked on Prediction Markets
Markets now offer contracts on the number and timing of Federal Reserve rate cuts, giving traders a venue to bet on monetary policy.
OddsShopper · +14 outlets
2028 Presidential Election Odds and Markets Begin to Form
Prediction markets are already pricing 2028 presidential and 2026 midterm election outcomes, drawing political analyst interest.
Federal News Network · +14 outlets
Sports Betting Super Apps Expand Into Prediction Market Territory
Traditional sportsbooks are adding prediction market features as the line between betting and event trading blurs.
GGB Magazine · +14 outlets
Could Kalshi Become a Tool for Political Analysts?
Analysts explore whether Kalshi's election markets offer useful signals for political forecasting beyond traditional polling.
The Jerusalem Post · +14 outlets
Kalshi Promo Code Offers Proliferate Across Regional News Sites
Multiple local and national outlets published sponsored Kalshi promo codes offering up to $500 bonuses, signaling aggressive user acquisition.
AL.com · +8 outlets
Where Is Kalshi Legal? State-by-State Availability Guides Published
Media outlets compiled state-by-state guides for Kalshi and Polymarket availability as the legal landscape shifts.
OddsShopper · +14 outlets