The NFL filed a Supreme Court brief arguing sports event contracts are gambling rather than CFTC-regulated swaps and should fall under state oversight, siding w

A bipartisan group of states and gaming regulators filed a brief urging the Supreme Court to take up New Jersey's case on whether states can regulate prediction

Coinbase agreed to stop offering sports event contracts in Michigan, joining Kalshi and Robinhood in pulling products as the state's regulator presses its case.

The deals widen a split among tribes over prediction markets, undercutting broader Native American opposition to the industry.

The Braves outfielder's deal is the first endorsement of a prediction market by an active MLB star, extending the industry's push into mainstream sports.

Ohio regulators sent cease-and-desist letters to prediction market operators as part of a widening state enforcement effort.

Trading volumes rose on Polymarket ahead of the Nobel announcement, with bets on Yulia Navalnaya drawing attention after a suspected 2025 breach.

Sources say the former New York congressman is being examined over trades tied to nonpublic information on the platform.

Kalshi is expanding beyond event contracts into commodity and equity perpetual futures, testing the CFTC's tolerance for novel derivatives.

State gaming regulators joined the filing supporting New Jersey's effort to have the Supreme Court review prediction market regulation.

Lincoln, who previously warned about sports event contracts, is now registered to lobby for the prediction market platform.

Analysis shows traders persistently pile into long-shot contracts that almost always expire worthless, raising questions about market efficiency and user losses

A CFTC definition of swaps could keep sports contracts under federal oversight, a prospect platforms view as a threat.

Sports contracts account for the bulk of US prediction market activity, underscoring why leagues and state regulators are focused on the sector.

The appellate ruling supports state authority over prediction market platforms, reinforcing a parallel push to the Supreme Court.

The tribe's suit escalates the legal conflict between established gaming interests and prediction market operators.

Polymarket's fee revenue share surged following a change to its pricing structure, a sign of its dominance in trading volume.

The decision adds to a patchwork of state rulings on whether prediction market platforms must comply with local gambling laws.