The proposal would classify binary event contracts as swaps and assert exclusive federal jurisdiction, potentially preempting state gambling laws.

Ohio's governor is pressing state authority over Kalshi after a federal appeals court allowed states to regulate its sports contracts.

The decision splits federal circuits on whether state gambling regulators can police Kalshi's sports event contracts.

The former congressman denies wrongdoing and calls the investigation politically motivated.

Investors are weighing prediction market competition against the economics of incumbent sportsbooks.

Prosecutors say the service member traded on nonpublic information about Venezuela policy.

The Guardian reports pressure on UK regulators over Polymarket contracts tied to the failure of major British banks.

Federal prosecutors say the soldier profited from prediction market wagers tied to a classified operation, and he has pleaded not guilty.

The proposal could shield prediction markets such as Kalshi and Polymarket from state gambling laws, while House Oversight widens an insider trading probe to Hy

An onchain analysis of 2.9 million accounts quantifies how concentrated losses are among retail participants on the platform.

The safeguards arrive voluntarily as states including New York press legal challenges against prediction market operators.

New York collects over $1 billion in gambling tax revenue and the case could set precedent for how states regulate event contracts.

The funding round would roughly quadruple Kalshi's valuation as the prediction market operator prepares for a public listing, according to Bloomberg-sourced rep

The appeals ruling narrows the swap definition and splits with other circuits, threatening Kalshi's sports contracts in multiple states and prompting fresh Seco

The former lawmaker denies wrongdoing and calls the probe politically motivated, while the case sharpens scrutiny of insider trading rules on prediction markets

DeWine's statement follows the federal appeals ruling allowing Ohio and Tennessee to regulate Kalshi under state gambling law.

The suspensions mark one of the first enforcement actions under Kalshi's insider trading rules ahead of the 2026 midterms.

The changes come as federal regulators and courts scrutinize trading by people with nonpublic information on Kalshi markets.

Multiple forecasters and poll aggregators now show Democrats ahead in 2026 midterm races, a reversal from earlier in the year when Republicans were favored.

Kalshi is growing its election prediction markets while facing state-level resistance and scrutiny over its integration into mainstream election coverage.

Brazil's presidential first round is expected to head to a runoff, with Flavio Bolsonaro leading in odds amid debate over Lula's gambling ban and a bid to overt

Betting and odds outlets are running live 2026 midterm markets, with Senate odds showing Democrats gaining and House control priced across both major prediction

Prediction market volume in the Los Angeles mayoral race has reached $98M, with Raman moving ahead of Bass in Kalshi pricing.

Polling and prediction market pricing both show Democrat Katie Hobbs leading Republican Andy Biggs in the Arizona governor contest.

The CFTC's proposal would classify binary event contracts as swaps, a move that could pull Kalshi and Polymarket out of the reach of state gambling regulators.

Missouri joins a growing list of states ordering Kalshi-style sports contracts off limits within their borders.

Kalshi is expanding election wagering even as state regulators and courts contest its sports and event contracts.

Congressional investigators are widening their look at trading on event and crypto prediction venues.

Nevada, which hosts the largest regulated sportsbook market, has not opened its market to prediction exchanges.

New York's action against Polymarket is being watched as a template for other states weighing enforcement.

The proposal would classify event contracts as swaps under CFTC jurisdiction, potentially putting Kalshi and Polymarket beyond state gambling laws while keeping

The ruling against Kalshi and Coinbase undercuts the industry argument that federal derivatives law preempts state gambling enforcement on sports contracts.

Ohio joins a growing list of states asserting gambling authority over Kalshi after the federal appeals court decision narrowed the swap definition.

Industry opposition at the Las Vegas trade show signals a coordinated push against federal preemption of prediction market sports contracts.

The two largest casino operators are staying out of event contracts, distancing their licensed gaming businesses from the legal fight over Kalshi and Polymarket

The approval expands leveraged crypto exposure for US investors, though launch timing remains pending.