CFTC proposes classifying event contracts as swaps, opening 30-day comment window
The rulemaking would formally assert CFTC jurisdiction over prediction markets while excluding casino-style bets, a regulatory line that Polymarket and Kalshi m
insidebitcoins.com · +14 outlets
NFL urges Supreme Court to take up prediction markets case, siding with states
The league's brief backs New Jersey's challenge to Kalshi and argues sports event contracts amount to gambling, escalating the state-versus-federal fight.
Southernminn.com · +12 outlets
Kalshi probing bets on Trump's press secretary pick placed before announcement
The exchange is examining trades that correctly anticipated Katie Zacharia's appointment, the latest integrity test for event-contract markets.
The Block · +14 outlets
Blockchain.com files with CFTC for DCM and FCM licenses to launch US prediction markets
The crypto firm is seeking approval to offer event contracts and crypto derivatives to US customers, joining a widening field of regulated venues.
RG.org · +13 outlets
Kalshi seeks $40B valuation, widening lead over Polymarket
The reported fundraising target underscores how quickly the regulated exchange has scaled relative to its offshore rival.
CoinMarketCap · +10 outlets
Kalshi suspends 3 congressional candidates for betting on their own races
The enforcement action highlights the potential for insider trading on political event contracts ahead of the midterms.
The New York Times · +13 outlets
Head of gambling addiction nonprofit resigns over $2 million Kalshi donation
The disclosure that a prominent problem-gambling group was funded by an exchange it might be expected to criticize threw the organization into disarray.
Fortune · +4 outlets
NBA commissioner says league wants prediction market data to detect manipulation
Adam Silver said access to exchange data would help the league monitor integrity risks, while US pro sports remain split on the contracts.
CNBC · +5 outlets
Kalshi taps former FBI agent to lead anti-money-laundering effort
The hire comes as the exchange faces scrutiny over suspicious trades on political contracts.
NPR · +11 outlets
Google bans prediction market ads in Connecticut, the fifth US state excluded
The ad restrictions and Connecticut's operator exit add to a patchwork of state-level limits on sports event contracts.
PPC Land · +1 outlets
Kalshi leads $3 million campaign to fight state prediction market regulations
The spending reflects the industry's strategy of contesting state gaming enforcement in courts and legislatures.
Chicago Tribune · +11 outlets
Coinbase halts Michigan sports event contracts
The suspension follows state pressure on sports event contracts offered through Coinbase's prediction market product.
PlayUSA · +14 outlets
American Gaming Association urges Supreme Court to take up Kalshi cases
Casino operators back state regulators in the dispute over whether sports event contracts are gambling.
Gaming America · +14 outlets
Prediction markets face first major election test with midterms
With political contract volume rising, analysts and academics are watching whether market odds track election outcomes.
Baltimore Sun · +10 outlets
Senator who sought to ban prediction markets hired by Kalshi as lobbyist
The revolving-door hire illustrates the industry's push to shape federal and state rules from the inside.
Futurism · +13 outlets
Polymarket tightens trading rules amid manipulation concerns
The offshore exchange is adding safeguards as scrutiny of event-contract integrity grows.
CoinMarketCap · +13 outlets
Nevada gaming tax revenue at risk over prediction markets, officials warn
State officials say competing event contracts could erode the tax base built on regulated sportsbooks.
KTNV Las Vegas · +1 outlets
Oklahoma tribal gaming association says prediction markets undermine compacts
Tribal operators argue unregulated event contracts undercut exclusive gaming rights negotiated with the state.
Oklahoma Voice