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

DraftKings accelerates its prediction markets push ahead of the NFL season, self-certifying football contracts and adding parlay functionality as its CEO compar

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

The CFTC issues a warning that displaying American odds format on event contracts risks misleading users, reminding platforms they are not sportsbooks.

Truth Social parent and Crypto.com scrap their announced plan to bring prediction markets to the platform, ending the partnership without a public explanation.

Polymarket is preparing internally for a surge in prediction market activity expected this fall, though details of the specific changes remain limited.

Mark Zuckerberg is reportedly driving Meta to develop a prediction market application called Arena, signaling big tech interest in the sector.

Novig files a lawsuit against New York state in an attempt to protect its prediction market operations from regulatory action.

Kalshi integrates Nasdaq's surveillance technology to bolster compliance and market oversight as it scales operations.

ProphetX integrates its prediction market contracts into the Pikkit platform via a B2B deal, expanding distribution for regulated sports event contracts.

High Roller Technologies (ROLR) reports a deep Q2 loss and revenue decline but raises $26M and secures a US prediction markets license to pivot into the sector.

FanDuel is shifting its sports event contract offerings to Crypto.com's platform in preparation for the upcoming NFL season.

A Michigan court denies Coinbase's request for an injunction in an ongoing regulatory matter involving its operations.

Robinhood reports diversification beyond crypto now drives its revenue, with 13 separate business lines each exceeding $100 million in annualized revenue.

Robinhood expands into UK crypto trading via its Bitstamp acquisition, offering over 50 tokens to British customers.

eToro outperforms profit expectations and plans US expansion, including the acquisition of TradeZero.

Crypto exchange Gate.io starts a $3 million grant program to fund infrastructure development for event contract markets.

Trading volume declines drove a Q2 drop in crypto revenue across major exchange platforms, according to industry data.