Sixth Circuit rules Ohio and Tennessee can regulate Kalshi sports contracts as gambling
The appeals court held Kalshi's sports event contracts fall outside the CEA's swaps definition, letting state gambling regulators enforce their laws and creatin
cleveland.com · +15 outlets
CFTC warns prediction markets a second time over broad contract filings
The regulator is pushing back on event contracts tied to non-economic outcomes, signaling tighter scrutiny of how venues self-certify new listings.
CoinMarketCap · +14 outlets
New York and Polymarket clash over who regulates prediction markets in the state
New York regulators and Polymarket are disputing jurisdiction as states and the CFTC compete for authority over event contracts.
Spectrum News · +14 outlets
CFTC sues states over Kalshi and Polymarket as Trump Jr. backs the push
The federal regulator's litigation against state gambling enforcers sets up a preemption fight over prediction market jurisdiction.
readsludge.com · +14 outlets
Prediction markets' expansion into US stocks draws regulatory alarm bells
Polymarket-style equity-linked contracts are attracting scrutiny from securities and derivatives regulators worried about investor protection.
Reuters · +3 outlets
Arizona moves to restart its legal fight against Kalshi
Arizona joins other states seeking to reassert gambling authority over Kalshi's sports contracts after adverse federal rulings.
Gambling News · +14 outlets
Florida attorney general targets tech companies over sweepstakes casino ads
Florida's AG is pursuing advertisers and platforms over promotions for sweepstakes casinos, widening state enforcement beyond prediction markets.
Casino.com · +10 outlets
Smarkets outlines US prediction market plans built on betting exchange experience
The UK betting exchange operator is preparing a US entry with a rebrand, adding a competitor to Kalshi and Polymarket.
Covers.com · +2 outlets
OG.com Markets asks CFTC to approve cash-settled single-stock perpetual futures
The filing tests whether the CFTC will allow perpetual-style equity derivatives, an area regulators have flagged as risky.
Crowdfund Insider · +7 outlets
Report projects prediction markets could take over 20% of NFL betting
The estimate underscores how quickly event contracts are drawing volume away from traditional sportsbooks.
sigma.world · +14 outlets
Kalshi posts back-to-back weekend volume records as August sports betting handle underwhelms
Record prediction market activity contrasts with softer traditional sportsbook handle, highlighting shifting betting flows.
The Closing Line
AIIB opens 11th annual meeting in Doha with goal to double financing by 2030
The China-backed development bank set a financing expansion target at its annual gathering in Qatar.
newscord.org · +7 outlets
Gaming industry week ahead: G2E, SBC Summit and continuing fights over prediction markets
Industry conferences focus on regulatory battles over prediction markets, sweepstakes casinos and AI tools.
gamingamerica.com · +1 outlets
Podcast: Public's Leif Abraham on the future of prediction markets
The Public executive discusses where the retail brokerage sees event contracts heading amid regulatory uncertainty.
The Event Horizon · +4 outlets
The TRADE names Invesco, ExodusPoint, Barclays among Monday people moves
A roundup of senior trading and markets personnel changes across major asset managers and banks.
The TRADE