The CFTC's proposed rule would write prediction markets into swap rules while excluding casino-style gambling products, a move that reshapes the state-federal f

Kalshi is raising at a reported $40 billion valuation as prediction market volumes hit record levels and the two dominant venues spend millions on lobbying.

New York's suit adds a major state-level legal front to the fight over whether event contracts constitute gambling.

The league's filing raises the stakes in the Supreme Court case over whether states can regulate sports prediction markets.

Polymarket is exploring a native token and public listing while speculation at TOKEN2049 fueled airdrop chatter.

Kalshi is asking the full appeals court to rehear the decision on its sports event contracts as the case heads toward possible Supreme Court review.

Polymarket's CEO hinted at an onchain asset at TOKEN2049 while the company reportedly considers an equity listing, renewing speculation about a token or airdrop

The poll lands as prediction markets face growing state and federal scrutiny over event contracts, with total volumes cited above $10 billion.

Record cumulative volumes coincide with an SEC pause on prediction market ETF applications, a key test of how regulators will treat the asset class.

The partnership aims to add surveillance capacity as sports contracts drive most prediction market volume.

The referrals mark one of the first known enforcement actions against overseas prediction market users in Asia.

The reported carve-out suggests federal scrutiny of sports betting is currently focused on traditional sportsbooks rather than event contract venues.

The suit escalates the state-versus-CFTC turf war over whether event contracts are gambling or regulated financial products.

Kalshi is asking the entire appeals court to rehear the case after a panel sided with state regulators, a key step as the dispute heads toward possible Supreme

Kalshi says it is reviewing long-shot wagers on the press secretary market after traders who bought in cheaply correctly predicted the pick.

Multiple briefs argue the justices should resolve whether states or the CFTC have authority over event contracts, amid warnings of a patchwork of rules if revie

The survey results land as Kalshi pushes election markets into mainstream media distribution ahead of the midterms.

Kalshi topped $3.9 billion in a single day twice in one weekend, with parlay-style multi-leg contracts accounting for most of the activity.

The poll found roughly 60% opposition across party lines, arriving as prediction market election volumes surge ahead of the midterms.

Election betting activity keeps climbing while state regulators contest the legality of event contracts.

Kalshi's data deal puts prediction market odds in front of a mainstream TV audience during the midterm cycle.

Kalshi is seeking en banc review after a panel sided with state officials in its fight over election-related event contracts.

Traders still favor Republican incumbent Marshall despite the Democratic spending push in the state.

Prediction markets have made the Texas Senate primary one of the most traded 2026 races.

The CFTC's proposed rulemaking would write event contracts into federal swap rules while carving licensed sportsbook wagers out, drawing a regulatory line as th

The volume milestone comes as federal regulators scrutinize prediction market ETFs and Polymarket expands into private-market bets.

Kalshi is pressing for full appellate review as the state-federal fight over sports contracts continues toward the Supreme Court.

Lobbying and legal spending escalate amid state crackdowns and federal efforts to assert authority over event contracts.

Coinbase's suspension in Michigan illustrates growing state-level pressure on exchange-operated prediction products.

The launch would make Coinbase the latest major exchange to offer event contracts alongside tokenized equity trading.

The proposal would hand the CFTC explicit authority over prediction markets while explicitly excluding traditional casino-style bets, setting up a federal-state

A growing coalition including state regulators, the NFL, and former SEC chairs wants the Supreme Court to settle whether federal commodities law preempts state

New York becomes the latest state to sue Kalshi directly, arguing its sports and event contracts violate state gambling law despite the company's federal licens

Kalshi wants the entire appeals court to revisit a panel decision on its sports event contracts, a case that runs parallel to the separate Supreme Court fight o

The tribe that holds Florida sports betting exclusivity claims DraftKings' prediction market and DFS offerings violate its state-granted monopoly.

The figure underscores the scale of the market now at the center of the federal-state regulatory dispute.