The approval lets retail investors trade yes/no contracts on whether companies hit performance targets, extending prediction-market style products into listed e

The proposal would place event contracts under federal swaps rules while excluding gambling, deepening the jurisdictional fight between the CFTC and state regul

Tarek Mansour argued that aggressive state regulation risks driving the industry abroad, as several states move to restrict or ban event contracts.

The suit is one of the most aggressive state actions against event contracts and could set precedent for how states police federally regulated venues.

The appellate fight, with Ohio and others urging Supreme Court review, will determine whether federal swaps law preempts state gambling oversight of event contr

The reported fundraising target underscores how much capital is flowing into regulated event-contract venues relative to private rivals.

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

The two biggest platforms are deploying significant lobbying and legal resources as the regulatory battle escalates.

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.

Polymarket expands into private-market contracts while a separate regulator stalls proposals for exchange-traded prediction market funds.

The prosecution is one of the first criminal cases tied to trading on a geopolitical prediction market outcome.

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.

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

Kalshi is partnering with tribal operators to bolster its jurisdictional argument that event contracts fall under federal, not state, authority.

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

The two biggest platforms are deploying significant lobbying and legal resources as the regulatory battle escalates.

A compact with Oklahoma's Alturas Indian Rancheria has drawn opposition from more than 140 tribes worried about gaming sovereignty.

Roughly 60% of Americans say they oppose betting on elections, a finding that lands as prediction market volumes surge ahead of the midterms.

Election betting volume is hitting record levels as the two dominant platforms compete for midterm market share.

The state-level bill tests whether states can legally restrict prediction markets, a question also raised in Kansas.

Traders still favor Republican incumbent Marshall despite new Democratic spending in the race.

Texas is the single most traded midterm Senate race, and market odds diverge from polling in the contest.

The campaign marks a push to reposition prediction markets as a data source ahead of the midterms.

The SEC cleared Cboe's exchange-listed binary options tied to corporate performance metrics like Coinbase trading volume, Nvidia and Tesla data, with the produc

The CFTC's interim rule separates sportsbook wagers from the federal swaps definition while treating sports-related event contracts as swaps, shaping how predic

Combined event-contract volume reached $150 billion while experts float a $1 trillion market by 2030 and the prospect of a Supreme Court fight.

Kalshi's CEO argues that state-by-state sports betting rules risk driving event-contract venues out of the US, as the federal-versus-state oversight fight conti

Blockchain.com joins a growing list of crypto firms seeking CFTC-regulated status to launch prediction markets for US customers.

Operators are pulling back in multiple states, with Coinbase pausing Michigan markets under an agreement with the state's gaming control board.

A state-level lawsuit against a federally regulated exchange escalates the jurisdictional fight over whether event contracts are gambling or financial derivativ

The interim rule and proposal would put event contracts under federal swaps rules while leaving traditional sportsbook bets untouched, drawing pushback from sta

Kalshi's chief argues a patchwork of state gambling enforcement would drive US prediction market venues abroad rather than shut them down.

Kalshi is asking the full appeals court to rehear the case, citing the CFTC's new proposed swaps rule in its appeal.

Ohio's petition follows a similar NFL-backed filing, raising the odds the Supreme Court will settle who regulates sports event contracts.

Another large crypto firm seeks federal approval to enter the US event-contract market as the CFTC defines the rules.