Utah sues Kalshi and Susquehanna, seeking up to $61M over alleged illegal wagering
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
KuCoin · +15 outlets
Crypto exchanges race to offer prediction markets to US customers as token trading slumps
Falling crypto trading volumes are pushing exchanges toward event contracts as a new source of US revenue, a pivot reported by the Financial Times.
TradingView · +13 outlets
Polymarket pulls 'Cornell 7' contract allowing wagers on rape case after outcry
The contract drew roughly $450,000 in trades before the platform removed it, renewing scrutiny of how prediction markets police sensitive event contracts.
Newser · +14 outlets
CFTC proposes including prediction markets in definition of 'swap'
The proposal would place event contracts more squarely under federal derivatives oversight, a key question in the industry's jurisdictional fights.
Washington Times · +14 outlets
Binance.US files with CFTC to offer prediction markets to US customers
Binance.US joins a growing list of crypto platforms seeking regulatory clearance to list event contracts in the US market.
bloomingbit · +14 outlets
Polymarket CEO Shayne Coplan used company funds for private jets and rent, report says
Bloomberg reports that investor pressure and personal spending have pushed Coplan to professionalize the company's operations.
Hindustan Times · +6 outlets
Kalshi and Polymarket post biggest trading month on record
Combined volume topped $6 billion on a single Sunday, underscoring how quickly event contract trading has scaled.
Startup Fortune · +14 outlets
Brennan Center study finds Kalshi odds influence voters, who back regulation
The study adds evidence to the debate over whether election-related prediction markets should face stricter oversight.
RG.org · +4 outlets
Cruz bill would give states jurisdiction over prediction markets
The legislation aims to resolve the standoff between federal derivatives regulators and states seeking to police event contracts.
Legal Sports Betting · +12 outlets
Polymarket calls Ohio's gaming enforcement unconstitutional
Ohio officials say the state could forgo roughly $100 million in revenue while Polymarket challenges the state's jurisdiction in court.
Law360 · +10 outlets
New Jersey releases responsible-gaming rules, attorney general targets Kalshi
New Jersey becomes the latest state to pair problem-gambling mandates with enforcement action against prediction market operators.
CDC Gaming · +6 outlets
Novig and Crypto.com sue Missouri over prediction market restrictions
The platforms challenge Missouri's crackdown after regulators sent cease-and-desist orders to prediction market operators.
Casino.com · +14 outlets
Kalshi markets put one party at 65% to control the Senate after 2026 midterms
Traders and analysts are watching whether prediction market pricing holds up against traditional polling two weeks out from the midterms.
SportsLine · +14 outlets
Missouri issues cease-and-desist orders to Polymarket and Kalshi
The orders mark another state-level enforcement front against prediction market platforms.
Cryptonews.net · +8 outlets
Prediction market odds rise for Marine Le Pen in France's 2027 presidential race
Protests roiling France coincided with a shift in market-implied odds for the 2027 contest.
CNBC · +14 outlets
Google blocks prediction market ads in Michigan and four other states
The ad restrictions add a distribution obstacle for platforms already facing state legal pressure.
PlayMichigan · +8 outlets
Prediction markets draw scrutiny over insider trading as platforms race to curb it
The industry faces questions about enforcement of its own integrity rules as trading volumes grow.
ABC News
Malta warns prediction markets over EU rules
European regulators are beginning to signal how event contracts fit, or do not fit, under existing EU gambling and financial rules.
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