Kalshi ordered to halt most prediction market contracts in Washington state court ruling
A Washington State Superior Court called Kalshi's event contracts gambling and ordered an immediate halt to sports, election and political markets in the state,
Crypto Briefing · +14 outlets
CFTC uses emergency authority to shield Kalshi from New York enforcement action
The CFTC invoked emergency powers to protect Kalshi's operations amid a New York state crackdown, escalating the federal-state conflict over prediction market j
londoninsider.co.uk · +14 outlets
Baltimore sues Kalshi and Polymarket over unlicensed sports event contracts
The city of Baltimore filed lawsuits alleging Kalshi and Polymarket operate as illegal sportsbooks, adding to the mounting state and municipal legal challenges
CryptoRank · +14 outlets
CFTC warns prediction markets on incentive programs, flags wash trading risks
The CFTC issued guidance cautioning prediction market platforms that incentive and risk-free promotions may violate self-certification rules and encourage wash
Cryptonews.net · +13 outlets
CFTC reviews prediction market mention contracts and word-bet probes
The CFTC opened a review and probe into so-called mention markets where traders bet on keywords or phrases, prompting Kalshi to voluntarily pull its sports ment
Oz Arab Media · +14 outlets
White House to host crypto meeting with SEC, CFTC, Coinbase and Ripple
The White House is convening a crypto industry meeting expected to include regulators and major firms, with prediction market regulation likely on the agenda am
The Crypto Times · +14 outlets
Santos becomes first person federally sanctioned for political prediction market manipulation
Former Congressman George Santos was federally sanctioned for manipulating political prediction markets, the first such enforcement action.
Tech Times · +5 outlets
Connecticut judge sides with state in Kalshi sports betting fight
A Connecticut court ruled against Kalshi in the state's challenge to its sports event contracts, marking another state-level defeat for the platform.
Sportsbook Review · +14 outlets
Nevada lawmakers introduce legislation to ban prediction markets
Nevada has proposed a bill to ban prediction markets, signaling the state's intent to treat them as unlicensed gambling.
Lodinews.com · +14 outlets
CFTC sets crypto, AI and prediction markets agenda for August 20 IAC meeting
The CFTC's Innovation Advisory Committee will meet on August 20 to discuss crypto jurisdiction, AI rules and prediction market oversight.
The Crypto Times · +5 outlets
Regulators and banks step up scrutiny of prediction markets
CNBC reports that banks and regulators are increasing oversight of prediction market platforms amid the wave of state and federal actions.
CNBC · +7 outlets
Kalshi appeals to block Utah gambling law enforcement
Kalshi is fighting Utah's attempt to enforce state gambling laws against its operations, the latest in a series of state-level legal battles.
sigma.world · +14 outlets
DraftKings Predictions adds parlay-style combo bets
DraftKings is expanding its prediction market product with parlay-style combination wagers, blurring the line between traditional sportsbooks and event contract
Casino.com · +14 outlets
Fliff and Onyx seek FCM registration in pivot from sweepstakes to prediction markets
Sweepstakes sportsbook operators Fliff and Onyx are applying for FCM registration to transition into regulated prediction markets.
Gambling Insider · +2 outlets
MLB prediction market push could spur more sports league deals, professor says
Major League Baseball's engagement with prediction markets may encourage other professional sports leagues to partner with platforms like Kalshi and Polymarket.
Covers.com · +1 outlets
Novig adds responsible trading framework and 21+ age requirement
Prediction market platform Novig introduced a new responsible trading framework and minimum age requirement as regulatory pressure mounts.
DeFi Rate · +4 outlets