The proposal would settle whether binary event contracts fall under swap rules, a question that underpins federal vs state authority over platforms like Kalshi

A major exchange operator moving into event contracts signals prediction markets are spreading from crypto-native venues into mainstream derivatives.

The ruling is part of a widening fight over whether states can apply gambling statutes to federally regulated event contract exchanges.

DOJ's position backs federal jurisdiction over event contracts, reinforcing the industry argument that exchanges are not sportsbooks.

Kalshi's expansion into election contracts tests how far federal commodities law can preempt state gambling enforcement.

Investors are pricing in the cost of competing in event contracts, a new front for sportsbook operators facing margin pressure.

Venture funding continues to flow into prediction market infrastructure even as the legal landscape around event contracts remains unsettled.

Tenev's comments tie prediction market growth to crypto rails, framing the sector as a volume driver for Robinhood's platform.

The central legal question for the sector is whether event contracts are derivatives or wagers, which determines which regulator and which state laws apply.

A state-by-state rundown of where the two largest prediction market platforms can operate amid shifting enforcement.

Analyst upgrades follow Robinhood's strongest trading month, with prediction markets and crypto cited among growth drivers.

The listing shows Robinhood Derivatives extending event contracts beyond crypto and sports into tennis markets.

Nevada's gaming establishment has kept sports event contracts out, illustrating state resistance even where gambling is legal.

A look at whether the brokerage's crypto and prediction market bets can sustain its share price momentum.

The tie-up targets the operational bottleneck of bringing regulated operators onto a prediction market venue.

A steady stream of short-horizon crypto price contracts shows Robinhood expanding its event contract catalog beyond headline markets.

Florida is among the states where the legality of Kalshi's event contracts remains contested.

State-level guidance on prediction market access as regulators scrutinize event contracts.