CFTC sends prediction market event contract rule proposals to White House for review
The rule package moves to OIRA review as federal and state regulators fight over whether event contracts are federally regulated derivatives or state-gambling p
well-played.com.au · +14 outlets
New Jersey asks Supreme Court to review ruling allowing Kalshi sports contracts
New Jersey is pressing the high court to weigh in on the federal-state split over sports event contracts, which state regulators say violate their gambling laws
tokenpost.com · +13 outlets
Nevada attorney urges Ninth Circuit to reject Kalshi's bid to delay rehearing over CFTC rulemaking
Nevada argues Kalshi should not be able to pause the Ninth Circuit case while the CFTC rewrites its event contract rules, a move that could reshape state enforc
CDC Gaming · +3 outlets
DOJ tells court Polymarket event contracts are swaps in soldier's insider-trading case
The government's classification of event contracts as swaps in a criminal case could carry weight for how derivatives regulators treat prediction market product
insidebitcoins.com · +1 outlets
Federal judge shields Kalshi and Coinbase from Illinois gambling law enforcement
The ruling blocks Illinois regulators from enforcing state gambling statutes against the federally regulated venues while the legal dispute continues.
cryptotimes.io · +10 outlets
Kalshi responds to Missouri attorney general order on sports betting
Kalshi is pushing back on a state cease-and-desist style order as more attorneys general test whether federal derivatives law preempts state gambling rules.
Spectrum News · +14 outlets
Kalshi seeks $1 billion funding round at $40 billion valuation
The reported raise would mark a sharp step up in valuation for the private prediction market as its legal fights with states continue.
Casino.com · +13 outlets
CFTC chair says crypto perpetual futures could launch within a month
The timeline signals the agency is moving to expand regulated crypto derivatives products under its current leadership.
CoinMarketCap · +14 outlets
DraftKings stock falls to lowest level since 2023
The decline reflects investor concern about the sportsbook's outlook amid a crowded betting and prediction market landscape.
Casino.com · +14 outlets
CBS News names Kalshi prediction market sponsor for 2026 midterm election coverage
The sponsorship puts prediction market odds inside mainstream election coverage, raising questions about how newsrooms present market-implied probabilities.
SCCG Management · +11 outlets
AGA study finds prediction market users overestimate their math skills
The industry group's research adds a consumer-protection angle to the debate over how prediction markets should be regulated and marketed.
sigma.world · +8 outlets
Kalshi seeks $1 billion round as DraftKings stock hits multi-year low
Casino.com · +2 outlets