CFTC sends prediction market rule proposals to White House for review, putting federal-state fault line in focus
The CFTC's rulemaking push comes as courts and states fight over whether prediction markets are federally regulated derivatives or illegal sports wagering.
well-played.com.au · +14 outlets
Kalshi seeks $1B funding round at $40B valuation
The raise would make the private prediction market one of the most valuable US private companies, underscoring investor appetite despite a thicket of legal figh
Casino.com · +10 outlets
New Jersey asks Supreme Court to review ruling on Kalshi sports contracts
States are pressing the high court to settle whether federal commodities law preempts local gambling rules, and no prediction market case appears on the court's
tokenpost.com · +13 outlets
WSJ: Polymarket's 'growth at all costs' strategy opened the door to fraud
The report examines how rapid expansion at the private prediction market created compliance vulnerabilities.
Yahoo! Finance Canada · +1 outlets
Google security engineer charged with using inside information to make $1M on Polymarket
The case is among the first criminal insider trading charges tied to prediction market contracts.
cnbc.com · +13 outlets
Kalshi introduces new security measures to combat insider trading
Kalshi also suspended three congressional candidates who bet on their own races, as federal lawmakers scrutinize prediction market integrity.
Reuters · +13 outlets
DOJ arrests soldier who made $400,000 betting on Maduro's removal
Prosecutors say the service member traded on classified knowledge of Venezuela-related events.
Reuters · +6 outlets
Galaxy finds 7 in 10 Polymarket retail traders lost money
The data adds to debate over whether prediction markets function as informed forecasting tools or as gambling that skews against retail users.
CryptoRank · +5 outlets
DraftKings stock falls to lowest level since 2023
Shares in the sportsbook operator have slid as prediction markets scale and take share of event trading volume.
Casino.com · +14 outlets
LeBron James' Polymarket deal may not break NBA rules but raises uncomfortable questions
The NBA is weighing how to handle player-linked marketing by prediction markets that offer contracts on league events.
The New York Times · +1 outlets
Kalshi's self-exclusion safeguards questioned after banned bettor lost $25,000
Reports say a user who had requested self-exclusion was able to keep trading, raising questions about Kalshi's responsible gambling controls.
RG.org · +2 outlets
WSJ: meet the Gen-Z high rollers dominating the prediction markets
A cohort of young, high-volume traders is reshaping order flow and culture on prediction market platforms.
WSJ
Mormon leader decries explosion in sports betting and prediction markets as morally wrong
The remarks at the church's General Conference add a prominent institutional voice to the growing backlash against gambling's spread.
apnews.com · +11 outlets
Federal judge shields Kalshi and Coinbase from Illinois gambling laws
The ruling is a win for prediction markets against state-by-state gambling enforcement in Illinois.
cryptotimes.io · +4 outlets
CBS News designates Kalshi as prediction market sponsor for 2026 midterm election coverage
Newsroom partnerships with prediction markets are drawing criticism from media ethicists who question treating market odds as journalism.
SCCG Management · +6 outlets
Robinhood CEO Vlad Tenev says crypto will lead a surge in prediction market trading volume
Robinhood operates its own prediction market venue, making its CEO's forecast notable for the retail brokerage sector.
theglobeandmail.com · +13 outlets
Cathie Wood's ARK praises Kalshi leadership as it bets on $5 trillion prediction market opportunity
ARK's bullish call is one of the most explicit institutional endorsements of the sector's growth potential.
Yahoo Finance
Bernstein says prediction markets are entering an institutional era
The research note argues professional and institutional participation is becoming a larger share of prediction market volume.
CoinMarketCap