Sixth Circuit rules states can regulate Kalshi's sports event contracts, deepening circuit split
The appeals ruling that sports event contracts are not CFTC swaps lets Ohio and Tennessee apply gambling law, setting up a split with the Ninth Circuit that pus
Cleveland.com · +15 outlets
New York sues Polymarket, calling it an unlicensed gambling operation
The state action is the first major enforcement case against Polymarket and widens scrutiny of prediction market venues alongside the Kalshi litigation.
CryptoRank · +14 outlets
Kalshi seeks $40B valuation, widening lead over Polymarket
The reported raise would make Kalshi one of the most valuable private US exchange operators even as courts weigh whether states can regulate its contracts.
CoinMarketCap · +8 outlets
Kalshi gets margin trading clearance for professional clients
Margin would let institutional and professional traders lever event contract positions, a step toward derivatives-style trading on prediction markets.
CoinMarketCap · +2 outlets
Bernstein says prediction markets are entering an institutional era
The sell-side note frames prediction markets as moving from retail novelty toward a venue that institutional capital can access at scale.
CoinMarketCap · +10 outlets
Morgan Stanley joins prediction market push in a first for major banks
A bulge-bracket bank entering the space signals prediction markets are being treated as an asset class rather than a niche betting product.
Yahoo Finance · +14 outlets
S&P Dow Jones Indices eyes bets on prediction markets with planned ETFs
Index providers weighing prediction market exposure would bring regulated fund wrappers to a product category still fighting over its legal status.
ETF Stream · +7 outlets
Polymarket says KYC applies only to new beta product, not its existing platform
The clarification follows user confusion over identity checks as Polymarket expands into regulated US offerings.
CoinMarketCap · +4 outlets
Tribes warn prediction markets could drain gaming revenue
Tribal operators argue event contracts on tribal lands fall under IGRA Class III gaming, adding a sovereign-gaming front to the state regulation fight.
Albuquerque Journal · +4 outlets
Washington regulators fear Polymarket bank failure bets could fuel panic
Officials are weighing whether markets on bank failures could amplify stress in a real institution, raising new questions for event contract oversight.
pymnts.com · +1 outlets
DraftKings valuation questioned as prediction markets pressure its sportsbook business
Analysts are weighing how much share Kalshi and Polymarket can take from traditional sportsbook operators.
Yahoo Finance · +14 outlets
CFTC warns of manipulation risk as mention markets gain traction
The warning targets markets on whether a public figure or brand will be mentioned, a category that has drawn fresh regulatory attention.
gameshub.com · +5 outlets
Better Business Bureau warns scammers are exploiting confusion over prediction market rules
The BBB says unclear legal status for event contracts is being used to push fraudulent sports betting offers.
KOMO · +1 outlets
New York Post names best prediction market apps and sites for September 2026
Affiliate roundups of this kind track how mainstream media is monetizing prediction market traffic.
New York Post · +3 outlets
NFL Week 3 markets trade at Kalshi, Polymarket and ProphetX across Rams-Broncos and other games
Week 3 NFL event contracts drew broad coverage as sports became the dominant volume driver on prediction market platforms.
CBS Sports · +11 outlets
KelpDAO sues LayerZero over $292M exploit
The suit follows one of the larger cross-chain exploit cases of the year and adds to legal pressure on bridge infrastructure.
Tekedia · +14 outlets
Kalshi faces backlash over replacing Asian YouTubers' faces with white AI versions
The marketing controversy lands as the company works to broaden its mainstream audience ahead of a large valuation raise.
AsAmNews · +1 outlets
Prediction markets win state gaming revenue warnings and PAC-style fights as legal map fragments
The roundup tracks how state legislatures, tribes and licensed operators are responding to the spread of event contracts.
cdcgaming.com · +1 outlets