The suit challenges Missouri's crackdown on sports event contracts, while Kalshi, Polymarket and Robinhood have so far held off from joining the legal fight.

Missouri becomes the latest state to formally threaten prediction market operators, escalating a multi-state regulatory conflict.

The state's appeal could produce the first high court ruling on whether event contracts are gambling or federally regulated derivatives.

The comment underscores how much of Kalshi's business model depends on federal rather than state oversight of event contracts.

Reclassifying event contracts as swaps would tighten federal oversight and reshape the industry's regulatory footing.

Ohio regulators say platforms are operating without licenses despite the state's objections, setting up another enforcement test.

Missouri is the latest state to move against prediction market operators, with Crypto.com and Novig suing the state while Kalshi, Polymarket and Robinhood hold

Prediction market operators are under scrutiny over insider trading risk, with ABC News reporting the industry views such safeguards as existential to its survi

Critics called the market dehumanizing and dangerous, drawing attention to Polymarket's athlete and celebrity sponsorship deals.

Singapore joins a growing list of jurisdictions restricting access to the prediction market platform.

The survey lands as Polymarket and rivals ramp up US political marketing ahead of the midterms.

Polymarket is spending on mainstream political advertising as it seeks US market share during the midterm cycle.

Missouri's crackdown on prediction markets drew competing responses, with Crypto.com and Novig challenging the state in court while Kalshi, Polymarket and Robin

Kalshi's record week underscores how much of the platform's activity now comes from non-election, non-crypto markets.

The CFTC argues CME lacks standing to challenge its approval of Kalshi's bitcoin perpetual futures contract, a key test of the agency's authority over event con

The filing extends Kalshi's derivatives push beyond crypto into traditional commodity and equity benchmarks.

Taiwan's domain blocks ahead of local elections add to a widening set of jurisdictions restricting prediction market access.

The move follows scrutiny of insider trading on prediction markets, which platforms describe as an existential risk to their business.

The Reuters/Ipsos-style polling comes as Kalshi, Polymarket and rivals expand election contracts and state and federal regulators weigh restrictions.

Taiwanese authorities restricted access to the two platforms citing concerns about betting on the island's local elections.

The suit challenges Missouri's push to shut down election and sports prediction markets operating in the state.

The Washington research shop expects congressional action on prediction market oversight to stall before the midterms.

State legislation would set rules for prediction market operators as Ohio becomes a focus of the election-betting debate.

Forecasters and poll aggregators are publishing competing 2026 midterm models as early voting begins.

The suits challenge Missouri's crackdown on sports event contracts, while Kalshi, Polymarket and Robinhood have not joined the federal action.

The proposal would place event contracts under the CFTC's swap framework while drawing a line between them and traditional sports betting.

The state enforcement action preceded the federal lawsuits filed by Crypto.com and Novig against Missouri's restrictions on event contracts.

Google's advertising policy now bars prediction market ads in Connecticut, Michigan, Nevada, New York and Ohio.

The ruling is the latest state-level legal test of whether event contracts fall under gambling or federal commodities regulation.

The volume milestone underscores prediction markets' growing share of US event wagering activity.

The suits challenge Missouri's cease-and-desist orders against sports event contracts, testing whether state gambling regulators can police CFTC-regulated venue

The proposal would set a federal boundary between prediction contracts and sportsbook wagers, which could preempt a patchwork of state licensing.

Ohio's casino regulator says operators including Kalshi and Polymarket have not complied with its demands to stop offering event contracts.

The company argues Tennessee's restrictions on its prediction market business conflict with the appeals court's reading of federal commodities law.

Missouri's action extends the state-by-state enforcement wave against prediction markets beyond sportsbook-style event contracts.

The ruling adds to a mixed set of state court outcomes as venues fight gambling regulators over event contracts.