The city alleges the platforms offer illegal sports event contracts and seeks to expand its case to include financial intermediaries that facilitated payments.

The federal regulator invoked emergency authority to prevent New York from blocking Kalshi's operations, escalating a federal-state jurisdictional fight over ev

A Washington Superior Court injunction bars Kalshi from offering most event contracts in the state, citing state gambling laws.

The bank terminated its banking relationship with the prediction market platform over compliance concerns, adding to Polymarket's financial infrastructure chall

The meeting comes days after Baltimore sued Kalshi and Polymarket, signaling heightened federal attention on the regulatory framework for prediction markets.

The CFTC's investigation targets novel contract structures, prompting Kalshi to voluntarily pause certain sports offerings amid regulatory uncertainty.

Brazil's regulatory body ordered a broad crackdown on unlicensed prediction market platforms operating in the country.

The partnership allows brokerages and fintech firms to integrate Kalshi's event contracts directly via API without building their own FCM infrastructure.

Crypto.com is using Solidus HALO surveillance technology to support its entry into US prediction markets, competing with Kalshi and Polymarket.

The former US representative was penalized by federal regulators for manipulating prediction market contracts related to his own political career.

Goldman Sachs raised its price target on Robinhood amid the company's diversification beyond crypto into prediction markets and derivatives via its RVII exchang

Trump Media terminated a planned crypto treasury partnership and abandoned its Truth Social prediction market initiative.

A research report projects massive revenue growth for the prediction market industry by the end of the decade.

The exchange's Q2 revenue grew 37% to $45.5M driven by its credit card and prediction market products, though Gemini shares fell on a reported $108M loss.

The exchange operator is developing event contracts tied to securities prices, signaling institutional entry into prediction market structures.

DraftKings is developing multi-leg combo prediction contracts, mirroring parlay betting mechanics in its prediction market product.

Sweepstakes sportsbook operators are applying for futures commission merchant status to legally offer real-money prediction market contracts.

Despite lower crypto volumes, Robinhood now has 13 business lines above $100M in annualized revenue, reducing reliance on crypto trading.