Archive snapshot · Markets
Mon, Aug 10, 4:56 AM ET
CFTC Warns Prediction Markets Against Displaying American-Style Casino Odds
The CFTC issued a letter telling Kalshi, Polymarket and other platforms that displaying event contract prices as moneyline or American odds violates derivatives
Bloomberg.com · +15 outlets
New York Sues Kalshi Alleging It Operates as Unlicensed Gambling
New York filed a lawsuit against Kalshi claiming its prediction market products constitute illegal gambling under state law, as the platform expands nationally.
Mashable · +14 outlets
Kalshi Cracks Down on Insider Trading as Trump Family Eyes Prediction Market Presence
Kalshi implements new insider trading policies ahead of potential increased involvement by the Trump family in the prediction market space.
Fortune · +14 outlets
US Senators Call for Crackdown on Prediction Market Wildfire Bets
Senators warn that prediction markets offering bets on wildfire activity could incentivize arson and demand regulatory action.
TheLines.com · +12 outlets
DraftKings CEO Challenges Prediction Market Rivals, Downplays Cannibalization
DraftKings CEO Jason Robins called prediction markets 'peer-to-Wall Street' during Q2 earnings, arguing they complement rather than cannibalize sportsbook reven
SCCG Management · +6 outlets
Genius Sports Now Settles Contracts for Both Kalshi and Polymarket
Genius Sports signed official data agreements with Kalshi and Polymarket to provide settlement data for sports event contracts, and Polymarket added live sports
Cryptonews.net · +14 outlets
Robinhood's Event Contracts Revenue Surges From $10M to $156M in a Year
Robinhood reported its event contracts business generated $156 million in quarterly revenue, up from $10 million a year earlier, highlighting explosive growth i
AOL.com · +2 outlets
Yankees Name Polymarket Official Prediction Market Partner
The New York Yankees signed Polymarket as their official prediction market partner through the end of the 2026 season.
SCCG Management · +14 outlets
Federal Judge Rules Utah Gambling Law Applies to Kalshi
A federal judge ruled that Utah's gambling laws apply to Kalshi's operations; Kalshi is seeking a block on enforcement pending appeal.
Casino.com · +14 outlets
Coinbase Loses Bid to Block Michigan Enforcement on Sports Event Contracts
A Michigan judge rejected Coinbase's attempt to block state enforcement, calling the company's claims 'applesauce' in a ruling that subjects its event contracts
thestreet.com · +12 outlets
Novig Sues New York as Sports Prediction Market Launches Nationwide
Novig deployed its CFTC-approved sports prediction market platform nationally and sued New York over its regulatory stance.
Casino.org · +10 outlets
Kalshi Expands 15-Minute Markets to Gold and Silver
Kalshi launched ultra-short-duration 15-minute event contracts on gold and silver prices, expanding its commodities offerings.
livenowfox.com · +7 outlets
Cboe Aims to Convert Prediction Market Traders to Options
Cboe outlined a strategy to attract prediction market users to traditional options products, seeing the boom as an opportunity to expand its customer base.
Markets Media · +14 outlets
Kalshi Urges Judge to Block Iowa From Regulating Its Platform
Kalshi asked a federal judge to prevent Iowa from applying state gambling regulations to its prediction market, widening its multi-state legal fight.
Courthouse News · +3 outlets
Trump Media Abandons Crypto Treasury and Prediction Market Ventures
Trump Media dropped plans for a crypto treasury and prediction market initiatives, reversing earlier ambitions in the sector.
Decrypt · +6 outlets
Asia's Prediction Markets Operate in Regulatory Gray Zone, Tiger Research Warns
A Tiger Research report highlights that prediction markets in Asia lack clear regulatory frameworks, creating risks for operators and users.
Cryptonews.net · +5 outlets
Bitcoin Price Eyes $67.5K as Kalshi Traders Turn Bullish
Kalshi prediction market data shows traders pricing a bullish outlook for Bitcoin, targeting the $67,500 level.
Coinpedia · +2 outlets
Polymarket Sued for $170K Over Trump 'Khamenei' Prediction Bet
A lawsuit seeks $170,000 from Polymarket related to a bet on a Trump-Khamenei prediction market contract that allegedly violated terms.
New York Post · +1 outlets

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