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 two casino giants plan to keep their distance from exchange-style event contracts despite their sportsbook footprints.

The agency is targeting so-called mention markets, which let traders bet on whether a person or thing will be said.

Polymarket is voluntarily adding protections as the Supreme Court weighs whether federal courts will impose any.

A CEO warned that betting on war outcomes can create incentives to influence the events being wagered on.

A veteran asset management executive is seeking Canadian regulatory clearance for a prediction market venture.

The debate centers on whether sports event contracts are financial derivatives or unlicensed wagering.

The industry group lays out why it says exchange-style event contracts differ legally and structurally from sports betting.

The rule package is under White House review even as state litigation over prediction markets continues.

A state-by-state look at where the two largest prediction market platforms can legally operate.

Advocates argue event contracts are converging with mainstream investing products.

The partnership aims to scale how quickly operators can be brought onto ProphetX's regulated venue.

An overview of the patchwork of federal and state rules governing US prediction markets.