Archive snapshot
Thu, Oct 22, 4:46 AM ET

Markets18 stories ›

Utah sues Kalshi for illegal gambling, seeks to block operations and recover $30M-$60M
Utah's attorney general called Kalshi 'the manager of a back-alley gambling den' and asked a judge to halt its event contracts in the state, the latest in a wid
Bitcoin Foundation · +10 outlets
Polymarket sues Ohio over enforcement of sports event contracts
Polymarket's US arm sued Ohio after state regulators ordered gaming licensees to stop serving prediction market operators, escalating a federal-state regulatory
Crypto Briefing · +14 outlets
Kalshi CEO says prediction market fight could reach the Supreme Court
Kalshi's CEO signaled the company is prepared to take its dispute with state regulators to the Supreme Court as Utah became the latest state to act against it.
Mezha.net · +14 outlets
Polymarket removes Cornell students sexual assault case contract after backlash
Polymarket pulled a market on the fate of Cornell students accused of rape, reviving scrutiny of which real-world human events prediction venues should list.
CBS News · +14 outlets
Kalshi to offer leveraged futures bets backed by Bitcoin collateral
Kalshi is expanding into crypto derivatives, letting clients post Bitcoin as margin for leveraged futures trades, deepening its push beyond event contracts.
Bloomberg.com · +14 outlets
Crypto exchanges race to offer prediction markets to US customers amid token slump
Major crypto exchanges are pivoting into prediction markets as token trading volumes decline, per financial press reports.
Hedgeweek · +13 outlets

Polymarket18 stories ›

Polymarket removes contract letting users bet on fate of Cornell students accused of rape
The platform pulled the market after backlash over wagering on criminal charges in a pending sexual assault case, drawing scrutiny from lawmakers and its celebr
NBC News · +13 outlets
Polymarket sues Ohio regulators, calling state gaming enforcement unconstitutional
The suit challenges Ohio's attempt to block the company's sports-related contracts, part of a broader state-by-state legal fight over prediction markets.
Law360 · +14 outlets
Polymarket CEO reportedly used company money for private jets and rent, Bloomberg reports
The spending disclosures come as investors push the ICE-backed company to add a COO and professionalize operations.
Yahoo Finance · +5 outlets
Polymarket reportedly eyes $21B valuation as investors push for a COO
The reported valuation marks a steep climb for the prediction market as it expands its US presence.
Crypto Briefing · +1 outlets
Sports bets overtake elections as Kalshi and Polymarket volume hits $53B
Sports contracts have become the dominant category on the two prediction market platforms.
TOKENPOST · +2 outlets
Ramaswamy's Ohio governor odds fall to 22% after attack ad backlash
Polymarket traders cut the Republican's implied chances after blowback over an ad targeting opponent Amy Acton.
Newsmax · +5 outlets

Kalshi18 stories ›

Utah sues Kalshi over alleged illegal gambling, seeks up to $61.2M and injunction
Utah Attorney General Derek Brown's suit names Kalshi and Susquehanna firms, calls online gambling a public nuisance, and asks a judge to block operations in th
Yogonet · +15 outlets
Kalshi CEO Tarek Mansour says prediction market fight could reach the Supreme Court
As more states challenge Kalshi's sports and election contracts, its co-founder says the regulatory clash over who governs prediction markets may end up before
msn · +14 outlets
Kalshi to allow Bitcoin-backed collateral for leveraged perpetual futures via BitGo
The arrangement lets some clients post Bitcoin and Ethereum holdings as margin for perpetual futures without selling the underlying crypto.
finance.yahoo · +12 outlets
Webull to launch Kalshi-listed crypto perpetual futures for US customers in November
The rollout marks a brokerage offering Kalshi-listed perpetual futures to US retail traders.
Yahoo Finance · +14 outlets
Kalshi and Polymarket post record trading month; Kalshi weekly volume hits $21.5B
Volume data show the two prediction markets scaling sharply, with Kalshi crossing $4B twice in a week.
Cryptopolitan · +4 outlets
Kalshi valuation reportedly doubles to $11B after record November volume
A report ties Kalshi's higher valuation to surging event-contract trading activity.
CoinMarketCap · +1 outlets

Politics18 stories ›

Prediction markets now central to 2026 midterms as traders price Democratic gains
A wave of market and poll aggregation coverage converges on Democrats' improving odds in House and Senate control roughly two weeks before the midterms.
NKU The Northerner Online · +14 outlets
Kalshi American Power Index hits all-time high for Democrats as Senate odds surge
Kalshi's proprietary index and Senate control pricing show traders shifting toward Democrats following new Ohio and North Carolina polling.
Kalshi News · +6 outlets
Texas Senate: Talarico leads Paxton in polls, holds about two-thirds odds on Kalshi
Polls and prediction markets diverge slightly on the Texas Senate and governor races, with Talarico favored over Paxton in the betting venues.
Action Network · +14 outlets
Ramaswamy's Ohio governor odds crater; Amy Acton surges on Kalshi after attack ad backlash
A Republican backlash over a Ramaswamy ad has shifted Ohio governor race pricing sharply toward Democrat Amy Acton.
DeFi Rate · +3 outlets
Brennan Center study finds Kalshi odds influence voters, who back regulation
New research argues prediction market prices shape voter perceptions even as a majority of respondents favor regulating election betting.
RG.org · +3 outlets
Second lawsuit challenges Wisconsin's ban on election prediction markets
Wisconsin radio host Joe Giganti and the Competitive Enterprise Institute join a growing legal fight over the state's treatment of election contracts.
AOL.com · +14 outlets

Platforms18 stories ›

Utah AG sues Kalshi over alleged illegal gambling, seeks $30M-$60M in profits
The suit escalates the federal-state clash over whether CFTC-regulated event contracts are legal gambling, with Utah seeking to disgorge profits from sports and
KuCoin · +7 outlets
Polymarket US sues Ohio over enforcement of sports event contracts
Polymarket's US arm is challenging Ohio's crackdown, while state regulators widen warnings to gaming licensees in an escalating jurisdiction fight.
Crypto Briefing · +14 outlets
Robinhood's prediction markets business now outgrowing its crypto trading
Analysts and the CEO point to event contracts as a growth driver, with retail activity reportedly surpassing the GameStop-era peak.
Startup Fortune · +14 outlets
Crypto.com, Novig sue Missouri as sports contract deadlines expire
Two CFTC-regulated operators seek court protection over Missouri sports event contracts on federal preemption grounds as state deadlines lapse.
Betting News · +12 outlets
Crypto exchanges race to offer prediction markets to US customers as token trading slumps
Major crypto venues are pivoting toward CFTC-regulated event contracts as spot and token volumes decline.
Hedgeweek · +13 outlets
Polymarket US lists sports and crypto event contracts alongside Kalshi
Polymarket's US relaunch brings direct competition for retail event-contract traders.
www.tokenpost.com · +14 outlets

Regulation18 stories ›

Polymarket US sues Ohio to block enforcement of sports gaming license rules against its contracts
The suit challenges Ohio's crackdown on sports event contracts and sets up a federal-state test over who regulates prediction markets.
RG.org · +14 outlets
Utah sues Kalshi, seeking up to $61.2M in alleged illegal gambling profits
Utah's attorney general calls Kalshi the manager of a back-alley gambling den, opening a state action to recover proceeds from prediction market contracts.
Yogonet · +8 outlets
Ohio gaming regulator warns licensees to cut ties with prediction market operators
The warnings say serving prediction market platforms could affect a licensee's suitability, escalating Ohio's enforcement push.
Legal Sports Report · +10 outlets
Kalshi founder ready to take regulation fight to Supreme Court as states escalate
Kalshi faces a November 9 deadline while states and the NFL back Supreme Court review of the federal-state dispute.
New York Post · +14 outlets
Ohio Gov. DeWine vows lawsuits against sports prediction market operators
The governor's threat of state suits follows Ohio regulators' repeated warnings to licensees and Polymarket's preemptive federal case.
The Sports Geek · +4 outlets
Underdog sues Tennessee over its order targeting sports event contracts
The challenge adds Tennessee to the list of states facing litigation from prediction market and event contract operators.
Bonus.com · +14 outlets