Cantor Fitzgerald opens Kalshi prediction market block trading to institutional clients
Cantor becomes the first investment bank to offer institutional block trading on Kalshi's event contracts, giving hedge funds and roughly 3,000 institutional cl
Bitcoin World · +15 outlets
Prediction market Novig sues Wisconsin in fifth state legal fight
Novig files a preemptive lawsuit against Wisconsin over its sports contracts, marking the fifth state-level legal battle for the prediction market operator.
Northeast Times · +14 outlets
Kalshi suspends 3 congressional candidates for betting on their own races
Kalshi barred three congressional candidates from its platform after they placed bets on their own election outcomes, underscoring self-trading compliance risks
PBS · +13 outlets
Kalshi asks appeals court to block Connecticut gambling enforcement
Kalshi is seeking to overturn Connecticut's attempt to enforce gambling laws against its prediction market, part of a broader regulatory pushback.
CDC Gaming · +14 outlets
44 states challenge CFTC proposed rule on event contracts
A coalition of 44 states opposes the CFTC's proposed rule on event contracts, arguing it would preempt state gambling and consumer protection laws.
sigma.world · +14 outlets
Kalshi doubles valuation to $11B following record November volume
Kalshi's valuation reached $11 billion after a surge in trading volume, reflecting rapid growth in the prediction market sector.
CoinMarketCap · +3 outlets
White House excludes prediction market firms from tech leaders meeting
Prediction market companies were not invited to a White House meeting with technology executives, signaling potential distance from the administration.
Washington Examiner · +5 outlets
Novig posts $128M trading volume in first week of prediction markets launch
Newcomer Novig recorded over $125 million in trading volume in its first week, showing rapid adoption of its prediction market platform.
egr.global · +3 outlets
Kalshi files for stock index perpetuals in challenge to traditional exchanges
Kalshi seeks to offer stock index perpetual futures, directly competing with traditional derivatives exchanges and expanding beyond event contracts.
Reuters · +11 outlets
Kalshi launches copper perpetual futures beyond prediction markets
Kalshi expands into commodity perpetual futures with a copper contract, marking a push beyond event-based prediction markets.
Decrypt · +14 outlets
Fake California poll scandal tied to prediction markets
A fabricated California poll was linked to prediction market activity, raising concerns about market manipulation and misinformation.
Yahoo · +4 outlets
Kalshi hires Oregon lobbyists, gives $12,500 to state official Rayfield
Kalshi is building political influence in Oregon by hiring lobbyists and making political donations as it faces state-level regulatory scrutiny.
Willamette Week
Mystery Polymarket millionaire bets $179,000 Iran nuclear talks will fail
A large anonymous wager on Polymarket bets that Iran nuclear negotiations will not succeed this year, drawing attention to geopolitical event markets.
Forbes · +1 outlets
San Diego County passes 'anti-corruption' restrictions tied to prediction markets and lobbying
San Diego County supervisors approved new restrictions aimed at preventing conflicts of interest involving prediction markets and lobbying.
KPBS
Kalshi pulls sports 'mention' markets amid federal regulatory review
Kalshi removed event contracts on sports mentions or narratives as federal regulators scrutinize the scope of its permissible markets.
yogonet.com · +8 outlets
Robinhood event-contract revenue surpasses equities and crypto
Robinhood's prediction market event-contract revenue has overtaken its equities and crypto revenue, even as lawsuits mount against the product.
FinanceFeeds · +14 outlets
DKeX struggling to gain traction in prediction market race
DraftKings' prediction market exchange DKeX is reportedly lagging behind rivals in user adoption and trading volume.
Gaming America
US midterm prediction markets already surpass 2024 election trading total
Trading volume on 2026 midterm election contracts has already exceeded the entire 2024 election cycle, showing surging interest.
yogonet.com