The proposal would assert federal authority over prediction markets while drawing a line against sportsbook-style wagers ahead of a possible Supreme Court test.

Multiple states and sports bodies are pushing the justices to settle whether event contracts are gambling subject to state control.

The survey lands as prediction market odds spread into mainstream election coverage despite public resistance.

Football trading has driven record volumes even as regulators and states scrutinize the venues.

The deal expands Kalshi's tribal partnerships while a gaming association argues it undercuts existing compacts.

The exchange is reviewing suspiciously accurate wagers, raising questions about information leakage in event markets.

Institutional access and Bernstein's framing signal prediction markets shifting from retail novelty to a hedgeable asset class.

The figure highlights how prediction market apps operate in states where sports betting remains illegal.

State regulators and local outlets are tracking heavy election-related trading on Kalshi and Polymarket in Ohio races.

Midterm trading volume is climbing while state and federal authorities contest who has jurisdiction.

Analysts are weighing whether event contracts erode growth at traditional sportsbook operators.

The senator's inquiry adds congressional pressure over high-value customer practices across betting and event markets.

The forecast underscores how quickly event trading is scaling relative to traditional sportsbooks.

The rival brokerage chief argues headline volumes may overstate the durability of the prediction market boom.

The brokerage view frames event contracts as a potential revenue driver for retail trading platforms.

Event market pricing implies persistent inflation rather than a sharp return to target.

The report highlights Kalshi's growing Washington lobbying footprint as its legal fight widens.

Shorter-duration crypto contracts deepen Polymarket's push beyond politics and sports.