Archive snapshot
Wed, Aug 12, 4:52 AM ET

Markets18 stories ›

CFTC Invokes Emergency Powers, Orders Kalshi to Keep Operating Amid New York $36B Lawsuit
The CFTC used its emergency authority to order Kalshi to continue operating in New York after state regulators sued for $36 billion, escalating the federal-stat
Bloomberg.com · +14 outlets
FlightAware Withdraws Lawsuit Against Kalshi Over Flight-Cancellation Markets One Day After Filing
FlightAware sued Kalshi for using its flight data without authorization to power flight-cancellation prediction markets, then withdrew the lawsuit the next day.
The Mighty 790 KFGO · +15 outlets
California Lawmakers Demand Crackdown on Wildfire Betting on Prediction Markets
U.S. senators and California lawmakers called for regulators to block prediction market bets on wildfires, citing risks of arson and profiting from tragedy afte
CBS News · +12 outlets
Kalshi Seeks Fresh Funding at $40 Billion Valuation, Tops $4B in Annualized Revenue
Kalshi reportedly seeks a $40 billion valuation in a new funding round amid rapid growth, with annualized revenue exceeding $4 billion.
The Information · +1 outlets
Polymarket Suffers World Cup Comedown, Revamps Marketing and Hires Executives Ahead of Fall Events
Polymarket is restructuring its marketing and executive team, hiring veterans from Robinhood, Coinbase, and Nasdaq, as it prepares for a busy fall season and it
Bloomberg.com · +3 outlets
Kalshi Tops $4 Billion in Annualized Revenue as it Seeks $40 Billion Valuation
Kalshi's revenue has climbed to over $4 billion on an annualized basis as it pursues a $40 billion valuation in new fundraising.
The Information · +8 outlets

Polymarket18 stories ›

Polymarket revamps marketing, hires Robinhood, Coinbase, Nasdaq veterans ahead of US midterms
Polymarket is scaling its US team and platform ahead of the 2026 midterm elections and NFL season, hiring senior talent from major trading and crypto firms.
CNBC · +10 outlets
California lawmakers push to ban wildfire betting on Polymarket
California state senators are criticizing Polymarket for allowing bets on the deadly LA wildfires, calling it profiting off misery and moving to restrict such c
NBC Los Angeles · +14 outlets
Polymarket partners with New York Yankees as official prediction market partner despite state legal fight
The Yankees named Polymarket its official prediction market partner, a high-profile sports deal that comes as New York regulators challenge the platform's legal
FOX Sports Radio New Jersey · +14 outlets
Polymarket taps Chainalysis to combat insider trading before US return
Polymarket hired blockchain analytics firm Chainalysis to monitor for insider trading as it prepares to re-enter the US market.
CoinMarketCap · +8 outlets
Polymarket eyes $50M funding, potential token launch
Reports suggest Polymarket is exploring a new funding round and may launch a native token as part of its growth strategy.
CoinMarketCap
Polymarket claims 97% of prediction market fees after pricing change
A shift in fee structure has given Polymarket dominance over market fees, while two smaller prediction market platforms shut down.
CoinMarketCap · +14 outlets

Kalshi18 stories ›

CFTC Invokes Emergency Authority, Orders Kalshi to Keep Operating Amid New York's $36 Billion Lawsuit
The CFTC used emergency powers to order Kalshi to continue offering prediction markets in New York after the state filed a $36 billion lawsuit against the platf
Bloomberg.com · +15 outlets
FlightAware Sues Kalshi Over Flight Cancellation Prediction Markets, Then Withdraws Lawsuit a Day Later
FlightAware sued Kalshi for allegedly using its flight tracking data without authorization to power flight-cancellation betting markets, then abruptly dropped t
WSJ · +15 outlets
Connecticut Judge Rules Kalshi Sports Contracts Are Not Swaps, Denies Preliminary Injunction
A Connecticut federal judge ruled that Kalshi's sports event contracts are not swaps under CFTC jurisdiction, dealing a blow to Kalshi's bid for a preliminary i
The Currency analytics · +14 outlets
Kalshi Seeks $40 Billion Valuation as Annualized Revenue Tops $4 Billion
Kalshi is raising fresh funding at a $40 billion valuation, reflecting explosive growth as prediction markets enter the mainstream.
The Information · +14 outlets
Prime Brokers Move to Open Kalshi Prediction Markets to Hedge Funds
Major prime brokers are enabling institutional access to Kalshi, bringing prediction markets to hedge funds for the first time.
CoinMarketCap · +14 outlets
Eight States Now Have Authority to Ban or Restrict Kalshi
States including Utah, Washington, and Nevada have moved to restrict or ban Kalshi's operations as regulatory pushback intensifies.
CDC Gaming · +14 outlets

Politics18 stories ›

FlightAware sues Kalshi over flight cancellation prediction markets
FlightAware has filed a lawsuit against Kalshi alleging the prediction market platform improperly uses its flight data for cancellation contracts.
Technology Org · +14 outlets
Polling and prediction markets suggest Democrats have momentum heading into 2026 midterms
Silver Bulletin analysis finds structural advantages breaking Democrats' way in the battle for Senate control, though the outcome remains uncertain.
Silver Bulletin · +14 outlets
Prediction market growth skyrockets as critics warn of addiction and election mistrust
Rapid expansion of prediction markets draws concern from addiction specialists and election integrity advocates, while legal uncertainty persists across many st
northjersey.com · +5 outlets
Meta's Zuckerberg pushes to build 'Arena' prediction market app
Mark Zuckerberg is reportedly driving Meta to develop a new prediction market application called Arena, signaling Big Tech interest in the sector.
CoinMarketCap · +14 outlets
Bernstein forecasts prediction markets reaching $1 trillion by 2030
Bernstein analysts project prediction markets could grow to $1 trillion in volume by 2030, citing expanding use cases and regulatory tailwinds.
Yellow.com · +14 outlets
Russia-Ukraine ceasefire date odds and prediction market analysis
Prediction markets are pricing the likelihood and timing of a ceasefire in the Russia-Ukraine war.
CryptoSlate · +14 outlets

Platforms18 stories ›

Kalshi Tops $4B in Annualized Revenue, Seeks $40B Valuation as CFTC Steps Into NY Fight
Kalshi's rapid growth draws regulatory complexity as the CFTC uses emergency powers to keep it operating amid a New York state lawsuit, while a Connecticut cour
The Information · +13 outlets
DraftKings Self-Certifies Nine Football Event Contracts, Enables Parlays on DKeX
DraftKings accelerates its prediction markets push ahead of the NFL season, self-certifying football contracts and adding parlay functionality as its CEO compar
Casino.org · +7 outlets
Connecticut Court Denies Kalshi Preliminary Injunction, Judge Finds Sports Contracts Are Not Swaps
A Connecticut federal judge rejects every major Kalshi argument, ruling that the platform's sports event contracts are not swaps and are subject to state gambli
Gambling Insider · +14 outlets
CFTC Warns Prediction Markets to Drop American Odds Format for Event Contracts
The CFTC issues a warning that displaying American odds format on event contracts risks misleading users, reminding platforms they are not sportsbooks.
SCCG Management · +14 outlets
Trump Media and Crypto.com Terminate Prediction Markets Integration Deal
Truth Social parent and Crypto.com scrap their announced plan to bring prediction markets to the platform, ending the partnership without a public explanation.
AffPapa · +14 outlets
Polymarket Makes Moves to Get House in Order Before Expected Boom Times
Polymarket is preparing internally for a surge in prediction market activity expected this fall, though details of the specific changes remain limited.
CNBC · +2 outlets

Regulation18 stories ›

CFTC Invokes Emergency Powers To Keep Kalshi Operating in New York, Escalating $36B Fight
The CFTC used emergency authority to order Kalshi to keep operating in New York after the state sued Kalshi for allegedly running an illegal gambling operation,
Menafn · +14 outlets
Connecticut Federal Judge Denies Kalshi Injunction, Rules Sports Contracts Are Not Swaps
A Connecticut judge ruled Kalshi's sports event contracts are sports wagers, not swaps, and rejected Kalshi's bid to block state gambling enforcement, a major l
Yogonet · +14 outlets
CFTC Warns Kalshi, Polymarket To Drop Sportsbook-Style American Odds Displays
The CFTC warned prediction market operators that displaying American-style betting odds may violate federal commodity laws, signaling a crackdown on how event c
focusgn.com · +14 outlets
FlightAware Sues Kalshi Over Unauthorized Use of Flight Data for Cancellation Markets
FlightAware filed a lawsuit against Kalshi alleging the prediction market used its flight tracking data without permission to power flight cancellation betting
Startup Fortune · +14 outlets
Oregon Senators Urge CFTC To Block Wildfire Bets on Prediction Markets Over Arson Fears
U.S. senators from Oregon called on the CFTC to prohibit betting on wildfires, citing concerns that prediction markets could incentivize arson.
International Business Times Australia · +14 outlets
Novig Sues New York, Massachusetts, New Mexico, Washington To Shield Its Prediction Market
Novig filed lawsuits against four states seeking to block enforcement of state gambling laws against its CFTC-regulated prediction market, arguing federal preem
igaming.org · +7 outlets