Utah's attorney general alleges the prediction market operates as an unlicensed gambling operation and seeks disgorgement of profits and a ban on its operations

Falling crypto trading volumes are pushing exchanges toward event contracts as a new source of US revenue, a pivot reported by the Financial Times.

The contract drew roughly $450,000 in trades before the platform removed it, renewing scrutiny of how prediction markets police sensitive event contracts.

The proposal would place event contracts more squarely under federal derivatives oversight, a key question in the industry's jurisdictional fights.

Binance.US joins a growing list of crypto platforms seeking regulatory clearance to list event contracts in the US market.

Bloomberg reports that investor pressure and personal spending have pushed Coplan to professionalize the company's operations.

The company pulled the market after backlash from lawmakers and activists who pressured celebrity endorsers including LeBron James to cut ties, with reports say

Bloomberg reported the spending as investor pressure mounts on the ICE-backed company to professionalize ahead of its US expansion.

The suit challenges Ohio's sports gaming license rules, which Polymarket argues discriminate against its exchange-style market model.

The former federal prosecutor flagged legal exposure if the high court rules on the enforceability of prediction market contracts.

The record volumes come as both venues expand US offerings and jostle for retail prediction market share.

The relaunch reshapes the competitive landscape for US-facing prediction market venues.

Utah's attorney general calls the prediction market a public nuisance and a back-alley gambling den, naming market-maker Susquehanna affiliates as co-defendants

The brokerage will route Bitcoin-linked perpetuals through Kalshi to its more than 6 million clients, extending event-contract infrastructure into leveraged cry

Missouri becomes the latest state to demand the two prediction markets stop offering sports and election contracts to residents.

Record volumes show prediction markets scaling beyond elections and crypto, with Kalshi reportedly doubling its valuation to $11 billion as Polymarket seeks new

The regulator's rebuttal deepens the fight over whether event contracts and crypto perpetuals fall under federal derivatives oversight or state gambling law.

Investor pressure over private-jet and rent spending, and calls for a COO, come as rival Kalshi pulls ahead in volume and valuation.

The research adds a voter-behavior dimension to the state and federal regulatory fights over election betting venues.

Market-implied odds are being widely cited as a signal for House and Senate control with the election about two weeks out.

The move extends the crackdown on prediction markets beyond US state regulators to Asian jurisdictions.

State-level enforcement against prediction market operators has escalated as midterm election betting volumes grow.

Utah joins a growing list of states seeking to shut down or claw back revenue from election prediction market contracts.

Operators are going to court rather than comply with state demands to stop offering event contracts.

Major crypto exchanges are pushing event-contract offerings to US customers to offset a prolonged downturn in token trading revenue.

Utah's attorney general alleges Kalshi's event contracts amount to illegal gambling, widening state-level scrutiny of prediction markets.

The platforms are asking federal courts to shield them from Missouri enforcement after the state ordered six operators to halt sports contracts.

The agency's proposed rule would place event contracts under federal swaps oversight, a key step in its jurisdictional fight with states.

Missouri's cease-and-desist campaign targets Polymarket, Kalshi and Robinhood among others, exposing fractured state and federal oversight of event contracts.

Record event-contract volume underscores how quickly the sector has scaled amid the regulatory fights.

Utah's attorney general accuses Kalshi of operating an illegal gambling operation and seeks disgorgement of profits and restitution, widening state action again

Polymarket's US entity argues Ohio's licensing regime unlawfully targets prediction markets, as Gov. DeWine simultaneously vows further legal action against ope

Ohio officials escalate enforcement against prediction markets that so far have refused to stop offering sports event contracts in the state.

The two operators filed in federal court to block Missouri's cease-and-desist orders, arguing federal commodities law preempts state sports betting authority.

Underdog challenges Tennessee's order against its sports event contracts, citing the Sixth Circuit's Kalshi decision on federal jurisdiction.

The proposal would bring prediction markets under the CFTC's swap framework, sharpening the federal-state fight over who regulates event contracts.