Senator Cruz introduced legislation that would allow state regulators to police prediction markets, undercutting the CFTC's exclusive-jurisdiction position.

Taiwanese authorities moved to restrict access to Coinbase and Kalshi prediction markets over suspected election betting weeks before a local vote.

New Jersey escalated its legal battle with Kalshi to the Supreme Court, drawing support from the NFL and roughly 40 states.

Kalshi CEO Tarek Mansour argued that a patchwork of state rules would drive US prediction markets offshore, amid insider-trading and state-federal disputes.

The SEC cleared Cboe's event contracts on corporate performance metrics, opening event-based trading in securities markets with a Robinhood rollout expected.

Election betting volume is surging into the midterms even as courts and states weigh whether regulators can curb it.

Prediction markets priced elevated odds of a Tesla-SpaceX merger by 2027 after a 'flying' car demo stoked Wall Street speculation.

Nevada's gaming control board chair criticized prediction markets as 'criminal' while the state fights new CFTC market rules.

The CFTC's new swap definitions aim to distinguish prediction markets from conventional sports and casino wagering, though courts may not be swayed.

Coinbase expanded Kalshi-powered prediction market trading to US users, extending the platform's reach into event contracts.

The NBA expanded its prop-bet and parlay restrictions and developed AI detection for suspicious wagers, while exempting prediction markets from its rules.

CFTC Chairman Mike Selig restated the agency's claim to sole authority over prediction markets, clashing with states seeking their own oversight.

Sportsbook operator Underdog filed suit against Tennessee over the state's effort to enforce gaming regulations against prediction markets.

WNBA All-Star Nneka Ogwumike said players are facing safety threats from people betting on their games via prediction markets.

Ohio won a round in its prediction market case, but Kalshi sought a rehearing as platforms continued operating despite the state's legal threats.

The NFL argued against prediction markets in a court filing, raising questions for leagues and athletic departments on event-contract exposure.

Fanatics' CEO predicted a $7 billion advertising battle in betting as prediction markets ramp up marketing competition.

Canadian regulators restricted brokers from displaying sports-related event contracts as prediction markets expand into municipal and sports betting.