Archive snapshot · Markets
Fri, Oct 23, 4:46 AM ET
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
Utah sues Kalshi to block event contracts and recover millions in fees
Utah becomes the latest state to seek a court order halting Kalshi's event contracts within its borders.
TOKENPOST · +14 outlets
Polymarket and Kalshi expand political donations amid state and federal scrutiny
Both firms are ramping up lobbying-style political spending as legislatures and regulators intensify scrutiny of event contracts.
Reuters · +5 outlets
Bipartisan state AG coalition urges Supreme Court to review prediction market dispute
State attorneys general are pressing the Supreme Court to settle whether event contracts fall under federal or state authority.
Regulatory Oversight · +4 outlets
CFTC halts Novig and ProphetX sports and micro contract plans
The regulator told the two platforms to pause plans for scorigami and micro contracts, signaling tightening scrutiny of novel sports products.
Front Office Sports · +2 outlets
Canadian regulators tighten prediction market rules, explicitly banning sports event contracts
Canada's stricter framework contrasts with the US federal push for preemption and could pressure platforms operating north of the border.
Canadian Gaming Business · +10 outlets
Nasdaq seeks SEC approval for prediction-style Nasdaq-100 contracts
A major exchange operator moving into event-style contracts would bring prediction markets further into mainstream derivatives territory.
CoinMarketCap · +9 outlets
DraftKings CEO says company already has No. 3 prediction market exchange
DraftKings positions event contracts as a growth engine alongside its sportsbook, citing retention economics and regulatory clarity.
Casino.org · +14 outlets
Congress demands VIP reward data from DraftKings, Fanatics, and prediction markets
Lawmakers widen a Senate probe beyond sportsbooks into VIP incentive programs across gambling and prediction platforms.
Inquirer.com · +2 outlets
Robinhood's event contracts business outgrows stock and crypto trading revenue
Prediction market products have become a larger revenue driver for Robinhood than its core equity and crypto trading.
TOKENPOST · +4 outlets
IG Group confirms Q4 UK launch for prediction markets arm, with Underdog deal worth up to about $1.3B
The UK brokerage is betting on event contracts for expansion, pairing a domestic launch with an acquisition aimed at US growth.
InterGame Online · +2 outlets
Kalshi asks SEC to postpone Cboe event contracts, deepening regulatory dispute
Kalshi's objection to a rival exchange's event contract filing highlights competition over who controls listed prediction products.
BNLData · +1 outlets
Polls and prediction markets diverge on key 2026 Senate and governor races
Market-implied odds and polling averages tell different stories in several midterm contests, from Texas to Ohio, drawing attention to which better captures vote
USA Today

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