CFTC staff issue advisory warning that 'mention market' contracts are presumptively open to manipulation
The guidance targets event contracts tied to what named individuals say or do, signaling a stricter compliance posture for platforms listing person-based market
Investing.com · +15 outlets
Kalshi says CFTC has not contacted it as $5 billion of near-identical ether trades draw scrutiny
Reported wash-trading-like patterns in Kalshi's ether perpetuals raise questions about volume quality at the CFTC-regulated exchange.
wsj.com · +14 outlets
Senate Banking Democrats demand public hearing on prediction markets after Republicans met privately with Kalshi
Eleven Democrats want open proceedings as prediction markets face growing federal scrutiny over sports and event contracts.
CoinGape · +14 outlets
Kalshi asks CFTC to allow margin trading, letting users bet with borrowed funds
The request would extend leverage to event contracts, a step critics say raises consumer risk in a market already under regulatory review.
CNBC · +15 outlets
Bernstein projects prediction market volumes could reach $10 trillion a year by 2035
The analyst forecast sees financial contracts overtaking sports as the dominant category, though some doubt U.S. venues can capture it.
Play USA · +14 outlets
DraftKings shares fall 4% as prediction market spending plans stir margin doubts
The CEO's comments on prediction market strategy prompted analysts to question near-term profitability, even as Wall Street called the reaction rational.
Yahoo Finance · +9 outlets
Missouri attorney general sends cease-and-desist letters to six prediction market operators
The state action adds to a patchwork of local crackdowns challenging federally regulated event contract platforms.
The Sports Geek · +14 outlets
Kalshi and tribes appellate ruling could draw Supreme Court attention
New Jersey and gaming tribes are pressing the high court to resolve the legality of sports event contracts.
Sportico.com · +3 outlets
Pew Research: prediction market trading volume doubled between May and July, driven by sports
The data quantifies how quickly sports contracts have expanded the sector's footprint.
Pew Research Center · +9 outlets
Polymarket lobbies European regulators to classify prediction markets as financial products
The push for MiFID treatment rather than gambling rules could shape how European venues list event contracts.
CDC Gaming · +12 outlets
National Council on Problem Gambling faces defections and internal division over Kalshi relationship
The nonprofit adopted a firmer stance on prediction markets after backlash to its decision to create a membership subcategory for them.
Casino.org · +5 outlets
Kalshi donated a $300,000 Trump Jr. stake and now wants to allow trading on borrowed funds
The disclosure drew political criticism and prompted a call for a probe of the exchange's ties.
Yahoo Finance · +2 outlets
Kalshi and Montana drop lawsuits over prediction markets
The resolution ends one of several state-level legal fights between the exchange and gaming regulators.
Betting News · +14 outlets
Robinhood expands prediction markets beyond sports
The brokerage is broadening its event-contract offerings as competition among retail platforms grows.
TradingView · +14 outlets
Tunica-Biloxi Tribe becomes first Louisiana tribe to enter prediction markets
Tribal entry adds a new class of operator to a market dominated by Kalshi and Polymarket.
ictnews.org · +14 outlets
Bloomberg: Susquehanna's 80-person prediction team launches student contest
The trading firm is recruiting talent as prediction markets attract institutional interest.
Bloomberg.com · +1 outlets
California gaming tribes urged to enlist city and county attorneys in prediction market fight
Tribal operators are seeking local legal leverage against event-contract platforms in the state.
CDC Gaming
Atlantic Council launches Power of Sports Center with Kalshi backing
The partnership aims to measure the economic impact of sports, deepening Kalshi's Washington ties.
Axios · +1 outlets