Archive snapshot
Fri, Oct 2, 4:46 AM ET

Markets18 stories ›

CFTC sends White House rules defining event contracts as swaps, escalating state jurisdiction fight
The proposed rulemaking would classify prediction market event contracts as swaps, a move that could preempt state gambling laws and follows a court loss for Ka
Yogonet · +15 outlets
Kalshi finalizing new funding round at $40B valuation ahead of planned IPO
The round would make the prediction market operator one of the most valuable private US companies as it pushes into sports and election contracts.
bloomberg.com · +5 outlets
CFTC investigating former lawmaker Adam Kinzinger over Kalshi bets on Biden pardons
The probe examines whether the former congressman traded on material nonpublic information about presidential pardons.
bloomberg.com · +13 outlets
Cboe and Robinhood plan KPI event contracts on 23 stocks, marking Robinhood's entry as first retail broker
The planned earnings-linked contracts would bring prediction market style products to mainstream retail brokerage accounts.
SCCG Management · +6 outlets
Caesars and MGM decline to enter prediction markets, citing licensing and regulatory risks
The casino operators' stance contrasts with prediction platforms and highlights the industry split over how event contracts should be regulated.
Gambling News · +7 outlets
Polymarket rolls out user protection tools including deposit limits amid state scrutiny
The new trust and safety program follows a case in which a soldier allegedly profited from trading on nonpublic information about Maduro's capture.
the-independent.com · +5 outlets

Polymarket18 stories ›

Polymarket rolls out deposit limits, self-exclusion tools and a Trust & Safety program
The prediction market operator is adding sportsbook-style consumer protections, including deposit limits and self-exclusion, as state regulators and lawmakers i
FishDuck · +15 outlets
Galaxy research finds 69% of Polymarket retail accounts lost money, $338.9M in aggregate losses
An onchain analysis of 2.9 million Polymarket accounts quantifies how retail traders fare on the platform as prediction markets draw mainstream attention.
The Crypto Times · +3 outlets
CFTC plan could place prediction markets like Kalshi and Polymarket beyond state gambling laws
A proposed federal framework would assert CFTC jurisdiction over event contracts, a central front in the fight over whether states can regulate the platforms as
Tribuna.com · +14 outlets
DOJ arrests soldier who allegedly made $400,000 betting on Maduro's removal
The case is among a growing set of insider-trading and security concerns that prompted Polymarket to tighten platform safeguards.
Reuters · +12 outlets
Google security engineer charged with using inside information to make $1M on Polymarket
Federal prosecutors say the engineer traded on confidential information, adding to a wave of insider cases flagged across prediction markets.
CNBC · +13 outlets
Polymarket says KYC applies only to new beta product, not its existing platform
The clarification follows confusion over whether the platform would require identity verification for all users.
CoinMarketCap · +5 outlets

Kalshi18 stories ›

Kalshi finalizing roughly $1B raise at about $40B valuation ahead of possible IPO
Reuters reports Tiger Global and Dragoneer are in talks to invest as Kalshi nears a funding round that would roughly double its valuation from four months earli
Crypto Briefing · +15 outlets
CFTC opens investigation into Adam Kinzinger's Kalshi bets on Biden pardons
The federal commodities regulator is examining whether the former Republican congressman and Trump critic traded on nonpublic knowledge of pardons, with reports
Bloomberg.com · +15 outlets
CFTC files new prediction market rules defining event contracts as swaps for White House review
The proposal, which follows Kalshi's court loss on sports contracts, would formally classify event contracts as swaps and escalate the federal fight over how pr
Gambling Insider · +14 outlets
Kalshi, Polymarket face scrutiny over trading volumes as growth fuels valuation questions
CNBC and other outlets question whether reported volumes on some products reflect genuine trading activity, a key input into Kalshi's steep valuation.
Traders Union · +7 outlets
Kalshi ends liquidity and volume incentive program amid wash trading allegations
The exchange is scrapping trader rewards roughly a year early after critics argued the program incentivized wash trading that inflated reported volume.
The Block · +14 outlets
Kalshi sports contracts get split treatment as federal appeals courts diverge
A 6th Circuit ruling against Kalshi and a Tennessee win for the state deepen the circuit split over whether sports event contracts are legal, raising the odds o
Cleveland.com · +9 outlets

Politics18 stories ›

CBS News partners with Kalshi to integrate prediction market data into midterm election coverage
The deal makes Kalshi a named sponsor of election data at a major broadcast network, drawing scrutiny as prediction markets push further into mainstream politic
Covers.com · +14 outlets
Kalshi spends $3M on campaign to fight state-level regulation of prediction markets
The lobbying and advocacy push comes as states weigh whether event contracts count as unlicensed gambling.
opensecrets.org · +2 outlets
Federal regulator probes former Rep. Adam Kinzinger for betting on his own pardon on Kalshi
The inquiry centers on whether a public official traded on a market tied directly to an official action affecting him.
ABC7 Chicago · +2 outlets
CBS Sports publishes state-by-state legal status of Kalshi and Polymarket sports markets
The roundup tracks how federal court rulings and state gaming regulators have split on sports event contracts across all 50 states.
CBS Sports · +14 outlets
Prediction markets trend toward a Democratic sweep of both the House and Senate
Multiple venues show Democratic odds improving in 2026 midterm markets, though the various previews and odds roundups disagree on how much weight to give them.
DeFi Rate · +14 outlets
Lula announces bid for a fourth term in Brazil's 2026 presidential election
The incumbent's entry formalizes a race markets have already priced, with runoff scenarios widely expected.
Crypto Briefing · +14 outlets

Platforms18 stories ›

CFTC sends White House rules to define prediction market event contracts as swaps
The proposed dual rules would classify event contracts as swaps, potentially preempting state gambling claims against venues like Kalshi and Polymarket while st
unchainedcrypto.com · +14 outlets
Cboe and Robinhood plan KPI event contracts on 23 stocks, Robinhood as first retail broker
The planned KPI contracts tied to earnings and other corporate metrics mark an expansion of prediction market products into mainstream brokerage and equities.
SCCG Management · +10 outlets
Supreme Court may take up prediction market disputes, potentially reshaping Kalshi contracts
A high court review could settle the jurisdictional conflict between federal event contract regulation and state gambling laws nationwide.
Gambling News · +14 outlets
CFTC takes prediction market jurisdiction fight to three states as courts weigh the issue
The agency is pressing its case in multiple states while casino operators and Nevada argue that prediction markets are effectively sportsbooks.
Sports Betting Dime · +13 outlets
Ohio Gov. Mike DeWine vows enforcement against Kalshi after federal court decision
The pledge signals continued state-level resistance to federally regulated event contract venues despite favorable court rulings for the industry.
wowo.com · +1 outlets
House committee widens prediction market probe to Hyperliquid, Crypto.com and PredictIt
Lawmakers are seeking records from additional crypto and event contract platforms, expanding congressional scrutiny beyond the largest venues.
FinanceFeeds · +14 outlets

Regulation18 stories ›

CFTC sends White House two draft rules defining event contracts as swaps, in bid to override state gambling laws
The proposals would place prediction market event contracts explicitly inside the federal swap definition, a step intended to shield venues such as Kalshi and P
Yogonet · +15 outlets
Sixth Circuit narrows swap definition and rejects preemption of state sports betting laws, threatening Kalshi's multistate sports books
The appellate ruling against Kalshi's preemption theory, now potentially headed to the Supreme Court, is the legal backdrop for the CFTC's new rulemaking and fo
The National Law Review · +10 outlets
MGM and Caesars decline to enter prediction markets, citing licensing and regulatory risk
The two casino giants' refusal leaves the contested sports event contract business largely to Kalshi, Polymarket and sportsbook operators.
Gambling News · +4 outlets
Ohio Governor DeWine vows enforcement against Kalshi after federal court decision
Ohio joins a growing set of states asserting that sports event contracts are illegal gambling regardless of CFTC oversight.
wowo.com
Gaming industry unites against prediction markets at G2E, as casino CEOs and Nevada call them sportsbooks
Traditional operators used the Las Vegas trade show to press the case that event contracts duplicate regulated sports betting and should face the same state lic
Legal Sports Report · +14 outlets
Kalshi nears $1 billion funding round at a $40 billion valuation
The raise would make Kalshi one of the most valuable private US trading venues even as its legal footing remains unresolved.
igaming.org · +14 outlets