The appeals court rejected Kalshi's argument that its sports event contracts are swaps outside state gambling law, opening Ohio and Tennessee to enforcement and

New York's suit against Polymarket tests whether states or the CFTC control prediction market venues, and follows the company's expansion of a U.S.-regulated ex

Equity-linked event contracts are growing fast enough that regulators and investor-protection advocates are warning that stock trading is being repackaged witho

The federal-state conflict is now a two-front legal war, with the CFTC asserting exclusive jurisdiction while states move to enforce their own gambling laws.

A Supreme Court fight could settle whether states or the CFTC have final say over event contracts nationwide.

The agency is signaling that exchanges must file self-certified contracts properly, a procedural front in the wider fight over event-contract oversight.

The Sixth Circuit ruling rejects the legal theory that Kalshi's sports contracts are swaps exempt from state gambling law.

The short-duration crypto contracts mark an aggressive push into high-frequency retail trading on Polymarket's regulated U.S. venue.

Institutional access would push event contracts closer to mainstream derivatives markets and could test the CFTC's treatment of the venue.

A major index provider exploring prediction market products shows how far event contracts have moved toward mainstream financial infrastructure.

Record volume across sports and crypto contracts shows the sector's growth is outrunning the legal clarity around it.

Leverage for professional traders would deepen Kalshi's derivatives-market ambitions beyond simple binary contracts.

Roughly $220 million has traded on equity-linked contracts, the clearest evidence of prediction markets entering securities territory.

Fresh capital and a token would extend Polymarket's reach in crypto-native markets even as it faces U.S. regulatory pressure.

Midterm odds show markets pricing a strong Democratic advantage in the House while the Senate remains closer.

Single-weekend NFL volume shows sports contracts are the sector's dominant driver of activity.

The gaming industry's flagship show is treating prediction markets as both a competitive threat and an unresolved regulatory question.

Tribal gaming operators see event contracts as an unregulated competitor to their casino and sportsbook revenue.