Archive snapshot
Fri, Oct 23, 4:46 AM ET

Markets18 stories ›

Hegseth bars Pentagon personnel from betting on prediction markets with nonpublic military information
The directive threatens criminal action and warns that trading on classified or undisclosed operational information could tip off adversaries, adding a federal
bloomingbit · +14 outlets
Exchanges and commodity groups urge CFTC to block Kalshi's perpetual oil futures plan before launch
The pushback pits incumbent energy and derivatives venues against Kalshi's expansion beyond event contracts into commodity-linked perpetuals.
Bloomberg.com · +10 outlets
Ohio orders licensed gaming operators to stop serving prediction markets by Oct. 30 deadline
The Ohio Casino Control Commission warns that licensees providing services to prediction market platforms could lose their suitability status, escalating the st
RG.org · +14 outlets
Ted Cruz files bill to require state approval for sports prediction markets
The proposal would hand states control over sports event contracts, a sharp turn from the federal preemption posture Kalshi and Polymarket have relied on.
CDC Gaming · +8 outlets
Kalshi CEO says legal fight over event contracts could reach the Supreme Court
Kalshi frames the state-versus-federal dispute over event contracts as headed for the highest court, with Utah the latest state to sue.
CDC Gaming · +14 outlets
Polymarket US sues Ohio over enforcement against sports event contracts
The suit challenges Ohio's effort to bar sports-based event contracts and tests whether states can regulate federally designated exchanges.
Crypto Briefing · +14 outlets

Polymarket18 stories ›

Polymarket fires CMO Matthew Modabber after internal probe into staged-trading marketing
The dismissal of the CEO's close friend and schoolmate comes as Polymarket faces governance scrutiny ahead of a possible IPO.
Crypto Adventure · +9 outlets
Hegseth bars US troops from using nonpublic military information to bet on Polymarket, Kalshi
The Pentagon directive threatens criminal action over prediction-market wagers tied to US military operations.
NewsCord · +14 outlets
Report: Polymarket CEO Coplan used company funds for private jets and rent, was made to repay
Founders Fund and ICE are reportedly pushing for a COO as investors scrutinize spending ahead of a new raise.
Yahoo Finance · +7 outlets
Polymarket US sues Ohio in federal court to block sports-contract cease-and-desist
The suit leans on new CFTC rules after Kalshi's appeals loss, a new front in prediction markets' state-by-state legal fight.
The Defiant · +14 outlets
Polymarket seeks $400M raise at $15B valuation, report says it eyes $21B as investors push for COO
The reported raise would value Polymarket sharply higher as governance questions mount.
Crypto Briefing · +2 outlets
Polymarket, Kalshi expand political donations as state and federal scrutiny grows
The two prediction-market firms are ramping up 2026 political spending while fighting gambling claims in multiple venues.
Reuters · +13 outlets

Kalshi18 stories ›

Utah sues Kalshi, seeking up to $61.2M and an order blocking its event contracts
Utah's attorney general calls Kalshi the manager of a back-alley gambling den and asks a state court to halt its sports and election markets, the latest state a
Gambling News · +12 outlets
Kalshi CEO says prediction market legal fight could reach the Supreme Court
As Utah becomes the latest state to challenge its event contracts, Kalshi's leadership says the dispute over federal versus state jurisdiction may end up before
Mezha.net · +15 outlets
Kalshi and BitGo launch crypto-backed margin lending for Kalshi Prime clients
BitGo becomes the first custodian on the Kalshi Prime network, letting customers post Bitcoin and Ether as collateral for leveraged perpetual futures trades wit
Investing.com South Africa · +14 outlets
Exchanges and derivatives groups urge CFTC to block Kalshi's perpetual oil futures plan
Incumbent exchanges including CME are pressing the CFTC to reject Kalshi's no-expiry oil contracts, arguing the perpetual structure conflicts with existing comm
Bloomberg.com · +9 outlets
Polymarket and Kalshi expand political donations as state and federal scrutiny grows
The two prediction market operators are ramping up political spending while facing lawsuits and regulatory pressure from states and Washington.
Reuters · +12 outlets
Congress demands VIP rewards details from DraftKings, Fanatics and prediction markets
Lawmakers are seeking information on VIP and rewards programs across sportsbooks and prediction markets, widening the federal inquiry into the sector.
Inquirer.com · +5 outlets

Politics18 stories ›

Midterm prediction market trading volume surges, topping $750M as Kalshi and Polymarket draw record activity
Election betting volume has climbed sharply into the 2026 midterms, with reports citing a 153% jump to $104M in a single week and $750M in cumulative midterm tr
GamingToday · +6 outlets
States and NFL argue Kalshi and Polymarket constitute illegal gambling
The legal fight over whether event contracts are gambling rather than financial swaps continues to widen beyond state regulators to sports leagues.
Newsmax · +14 outlets
Ohio governor race: Amy Acton's prediction market odds soar to 76% amid attack ad uproar
Acton's market position strengthened after backlash over an ad from Republican rival Vivek Ramaswamy.
Cleveland.com · +3 outlets
Texas Senate odds show Talarico's lead growing as polls and prediction markets diverge
Markets put Talarico at roughly 66% on Kalshi while surveys and betting sites disagree on the race's margin.
Federal News Network · +14 outlets
Polls vs. prediction markets: divergent signals in key Senate races ahead of midterms
Several battleground Senate contests show gaps between polling averages and market-implied probabilities.
Action Network · +10 outlets
Trump approval falls to record-low 31% as midterm odds shift on Kalshi
The president's approval reading and associated market pricing come as both parties position for the midterms.
Action Network · +3 outlets

Platforms18 stories ›

CFTC halts Novig and ProphetX sports prediction market contracts, citing micro-betting plans
The CFTC told the two platforms to pause scorigami and micro-contract plans, adding federal pressure to the event-contracts sector.
Casino.com · +1 outlets
Cruz to file bill giving states control over sports prediction markets
The Texas senator's proposal would let state regulators govern sports event contracts, potentially shutting such offerings out of Texas.
Yogonet · +7 outlets
State AGs urge Supreme Court to review prediction market dispute
A bipartisan coalition is pressing the high court to weigh in on the federal-state clash over event contracts, a fight Kalshi's founder says he is ready to take
Regulatory Oversight · +14 outlets
Polymarket US sues Ohio over sports contracts enforcement
Polymarket's US arm is challenging Ohio's authority over its sports markets as the state issues new warnings to gaming licensees.
Crypto Briefing · +14 outlets
Kalshi sues Utah as state moves to block sports and election bets
Utah became the latest state to sue Kalshi, and the exchange's founder says he is prepared to take the regulatory fight to the Supreme Court.
Gaming Intelligence · +14 outlets
Nasdaq seeks SEC approval for prediction-style Nasdaq-100 contracts
The exchange operator is pursuing event-style index products, extending prediction market structures into mainstream listed derivatives.
CoinMarketCap · +9 outlets

Regulation18 stories ›

Polymarket US sues Ohio to block enforcement of sports gaming cease-and-desist
Polymarket's US arm is asking a court to halt Ohio's crackdown on sports prediction contracts, escalating the federal-versus-state fight over event markets.
CoinMarketCap · +14 outlets
Utah sues Kalshi for alleged illegal gambling, seeking up to $61.2M
Utah's attorney general calls Kalshi a gambling operation and seeks disgorgement of betting profits, the latest state action against federally regulated event c
Yogonet · +8 outlets
Ohio orders gaming licensees to cut ties with prediction markets by Oct. 30
Ohio regulators warn that licensed sportsbooks working with prediction market operators could jeopardize their suitability, setting a hard deadline for complian
Legal Sports Report · +14 outlets
Cruz to file bill giving states control over sports prediction markets
The Texas senator's proposal would reverse the federal preemption argument Kalshi and Polymarket have used to operate nationwide, potentially closing sports con
sigma.world · +8 outlets
State AGs and NFL urge Supreme Court to review prediction market dispute
A bipartisan group of state attorneys general and the NFL argue Kalshi and Polymarket contracts amount to gambling and should be subject to state oversight.
Regulatory Oversight · +5 outlets
CFTC halts Novig, ProphetX sports prediction market contracts
The agency told the two venues to pause planned micro and Scorigami contracts, signaling tighter scrutiny of novel sports event products.
Casino.com · +13 outlets