The reported round would make the private exchange one of the most valuable US financial startups while it pushes into broader event and financial trading.

The suit escalates state-level enforcement against event contracts and could test whether CFTC-regulated exchanges must comply with state gambling law.

A senior LDS Church apostle used General Conference to condemn the growth of gambling and event contracts, adding religious weight to the regulatory debate over

The proposals, sent to the White House for review, aim to formalize federal jurisdiction over binary event contracts and clarify whether they count as swaps.

A federal judge's partial injunction gives the companies temporary cover as Illinois' new taxes on social media and prediction markets trigger lawsuits.

Investors are repricing traditional sportsbook operators as prediction market volumes scale and challenge their core business.

A major exchange operator moving into event-style contracts signals prediction markets are converging with mainstream derivatives.

DeWine's stance follows a court ruling on the contracts, adding Ohio to the roster of states challenging Kalshi's sports offerings.

The DOJ position supports CFTC jurisdiction over event contracts and complicates state gambling claims against venues like Kalshi.

Regulators and commentators say betting on the collapse of named banks raises financial stability and market manipulation concerns.

Tenev's view ties crypto rails to the growth of event trading as Robinhood deepens its own prediction market offerings.

State officials are weighing how event contracts shift tax revenue away from licensed sportsbooks amid a broader tax fight.

Two of the largest casino operators are staying out of event contracts even as rivals and startups push in.

Market share data underscores Kalshi's dominance even as it faces lawsuits and state enforcement actions.

A major crypto market maker adding event contract liquidity signals institutional infrastructure is forming around prediction markets.

The exchange is expanding election-related contracts while defending its model against state regulators and a Kalshi executive argues such bets promote democrac

Fresh venture funding for a prediction market startup shows investor appetite despite the regulatory uncertainty.

Younger traders are driving volume on event contracts, a demographic shift that shapes how platforms market and regulators scrutinize them.