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

FlightAware sued Kalshi for using its flight data without authorization to power flight-cancellation prediction markets, then withdrew the lawsuit the next day.

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

Kalshi reportedly seeks a $40 billion valuation in a new funding round amid rapid growth, with annualized revenue exceeding $4 billion.

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

Kalshi's revenue has climbed to over $4 billion on an annualized basis as it pursues a $40 billion valuation in new fundraising.

Kalshi hired lobbyists in New York's capital as it battles state regulators who are seeking to shut down its operations.

Utah regulators are defending state gambling laws as Kalshi asks a judge again to block the state from taking action against its prediction markets.

The rapid expansion of prediction markets is drawing concern from critics who warn of gambling addiction risks similar to sports betting.

At least eight U.S. states have gained regulatory authority to ban or restrict Kalshi's prediction market operations, reflecting growing state-level pushback.

A judge denied Kalshi's preliminary injunction in Connecticut, a ruling that also undermined Coinbase's separate effort to block Connecticut enforcement actions

The Nevada Council on Problem Gambling severed ties with the National Council on Problem Gambling over the national body's partnership with Kalshi.

Flutter Entertainment's CEO stated that prediction markets pose limited cannibalization risk to sports betting in legal states and sees good or great outcomes f

The CFTC warned regulated prediction market operators that displaying American-style sports betting odds could mislead users about event contracts.

The rise of prediction markets is intensifying competition for customer acquisition spending with traditional sportsbooks as the NFL season approaches.

Polymarket has hired executives from top trading and crypto firms to strengthen its leadership team for the upcoming U.S. regulatory and business push.

Bernstein analysts projected prediction markets could hit $1 trillion in volume by 2030, calling them an emerging institutional asset class.

River Markets, a startup building institutional trading tools for prediction markets, raised an $8.5 million seed round led by Haun Ventures.