Archive snapshot
Sat, Oct 24, 4:46 AM ET

Markets18 stories ›

Hegseth bans Pentagon personnel from using nonpublic information to bet on prediction markets
The directive, framed as a criminal-enforcement threat, targets insider betting on military operations and marks the first direct federal intrusion into predict
Fox 59 · +14 outlets
Polymarket and Kalshi political donations and lobbying hit record levels amid state and federal scrutiny
The spending surge comes as both exchanges fight state regulators and face questions from Congress, making them among the most active new political spenders in
Reuters · +6 outlets
More than $1.4 billion traded on prediction markets for the 2026 midterms
Midterm volume has made political event contracts a mainstream asset class, with Q3 2026 platform volume hitting a record $179.6 billion across all categories.
CNN · +6 outlets
CFTC orders Novig and ProphetX to pause scorigami and micro sports event contracts
The agency's letters signal that even CFTC-regulated exchanges face limits on exotic sports contracts, a key test of how far event-contract innovation can go.
SCCG Management · +8 outlets
Phantom rolls out Kalshi-powered prediction markets to US users
The wallet's staged US launch, funded via its CASH stablecoin with $0.02 per-contract fees, pushes crypto-native distribution into the state-by-state legal figh
The Crypto Times · +14 outlets
Kalshi courts Wall Street with CPI futures in bid to become the inflation exchange
The push into macro hedging products extends event contracts beyond elections and sports toward institutional risk management.
Bloomberg.com · +3 outlets

Polymarket18 stories ›

Hegseth bars US military personnel from betting on prediction markets with nonpublic information
The Pentagon directive, issued after roughly $400K in bets tied to a military operation drew scrutiny, threatens criminal action against troops who use insider
bloomingbit · +15 outlets
Polymarket fires CMO Matthew Modabber after internal probe into promotional practices
The dismissal of a marketing chief who was described in reports as a longtime friend of CEO Shayne Coplan follows scrutiny of staged-trade and promotional tacti
Crypto Economy · +15 outlets
Polymarket, Kalshi political donations top $5 million ahead of 2026 midterms
The two prediction market operators are expanding political spending as they face state and federal scrutiny over whether their contracts constitute gambling.
CoinCodex · +14 outlets
Polymarket US sues Ohio to block cease-and-desist over sports contracts
The suit contests Ohio authorities' effort to shut down sports-related event contracts, part of a broader state-level legal fight over prediction market legalit
Focus Gaming News · +11 outlets
Polymarket said to seek $400M raise at $15B valuation
The reported funding round comes as the company faces regulatory scrutiny and reportedly weighs a public listing.
CoinMarketCap · +6 outlets
Polymarket's X account withheld in India after legal demand
The account restriction in India follows government blocking of the platform's website five months earlier, as authorities tighten oversight of prediction marke
NewsBytes · +6 outlets

Kalshi18 stories ›

Phantom rolls out Kalshi prediction markets to US users, with state restrictions and CASH stablecoin funding
The wallet integration expands Kalshi's distribution to a large US retail crypto audience even as state regulators and CME-backed groups challenge its event con
BitKE · +14 outlets
Kalshi targets December launch for exchange-traded CPI and core inflation futures
The move would put Kalshi in direct competition with established inflation derivatives venues as it seeks a Wall Street-facing product beyond event contracts.
TradingView · +9 outlets
Hegseth bars Pentagon personnel from betting on Kalshi and Polymarket with nonpublic information
The directive follows a $400K betting scandal and threatens criminal action, raising questions about insider trading on prediction markets tied to military even
NewsCord · +14 outlets
Utah sues Kalshi for $61M and asks court to block it from operating in the state
Utah is seeking a jury trial and damages, calling Kalshi a 'back-alley gambling den', in one of the most aggressive state actions against the exchange.
Castle Country Radio · +10 outlets
CME-backed Commodity Markets Council urges CFTC to reject Kalshi's perpetual oil futures
Exchanges and commodity trade groups argue the WTI perpetual contracts pose market risks ahead of their planned launch.
Crypto Briefing · +9 outlets
Kalshi and BitGo launch HODL Margining, letting institutional clients borrow against crypto for futures margin
The crypto-collateralized lending product is aimed at Kalshi Prime clients and expands margin funding options without asset sales.
FinanceFeeds · +14 outlets

Politics18 stories ›

More than $1.4 billion traded on prediction markets for the 2026 midterms
The volume figure illustrates how quickly election trading has scaled relative to traditional forecasting ahead of November 3.
CNN · +5 outlets
States and the NFL argue Kalshi and Polymarket offerings constitute illegal gambling
The legal fight over whether event contracts are gaming or financial products remains the central regulatory question for the sector.
Newsmax · +14 outlets
Senate control odds put Democrats at roughly 68% on Kalshi and Polymarket
Market-implied probabilities for the Senate and House majorities are being closely tracked as a polling alternative.
Action Network · +7 outlets
Prediction markets show a Democratic midterm sweep as Trump approval hits a low
Traders have shifted toward a Democratic outcome across several 2026 races as the president's approval numbers decline.
Covers.com · +14 outlets
Bloomberg: how prediction markets upstaged election polls
The report examines the growing reliance on market prices over survey data in election coverage.
Bloomberg.com · +1 outlets
CFTC chair discusses prediction markets, election and oil trades in Bloomberg interview
The regulator's comments come as the CFTC weighs the status of event contracts tied to elections.
Bloomberg.com · +8 outlets

Platforms18 stories ›

CFTC tells Novig and ProphetX to pause scorigami and sports micro event contracts
The CFTC's warnings to two smaller exchanges signal tighter federal scrutiny of novel sports contract designs beyond mainstream event markets.
SCCG Management · +9 outlets
Kalshi courts Wall Street with CPI futures in bid to become the inflation exchange
Kalshi's push into macroeconomic index products marks an attempt to move event contracts from sports and politics toward institutional hedging demand.
Bloomberg.com · +2 outlets
Robinhood says bitcoin, gold and oil contracts are its fastest-growing prediction markets
Robinhood's disclosure that non-sports contracts are driving growth underscores how prediction markets are expanding beyond sports betting.
BigGo Finance · +14 outlets
Ted Cruz to file bill giving states control over sports prediction markets
The Cruz bill would push federal oversight of sports event contracts back to states, a direct challenge to the CFTC's authority over exchanges like Kalshi.
Yogonet · +9 outlets
State attorneys general urge Supreme Court to take up prediction market dispute
A bipartisan group of state AGs wants the high court to settle whether the CFTC or states regulate sports event contracts.
Regulatory Oversight · +14 outlets
DraftKings CEO Robins says DKeX is now the No. 3 prediction market exchange in the US
DraftKings is positioning its prediction market arm as a top venue while arguing it wins regardless of how the Supreme Court rules on sports contracts.
Yogonet · +14 outlets

Regulation18 stories ›

Novig and ProphetX ordered by CFTC to pause scorigami and micro sports contracts
The CFTC's letters to the two exchanges mark the first direct federal action against novel sports-derived event contracts, testing the boundary between event co
Legal Sports Report · +7 outlets
Polymarket US sues Ohio to block cease-and-desist on sports event contracts
The suit seeks an injunction against Ohio's crackdown, escalating the jurisdictional fight between federally regulated event contracts and state gambling regula
Focus Gaming News · +14 outlets
Ohio orders licensed sportsbooks to cut prediction market ties by Oct. 30
The Ohio Casino Control Commission's deadline puts state-licensed operators on notice that working with prediction market venues could jeopardize their licenses
Casino.org · +13 outlets
Ted Cruz to introduce bill giving states control over sports prediction markets
The bill would put state approval at the center of prediction market oversight, a direct legislative challenge to the CFTC's exclusive federal jurisdiction clai
Yogonet · +14 outlets
Bipartisan state AGs urge Supreme Court to review prediction market dispute
The coalition's filing pushes the federal-versus-state question toward the high court, where Kalshi's CEO says the legal battle is headed.
Regulatory Oversight · +14 outlets
Utah sues Kalshi for $61.2M over alleged illegal gambling
Utah's suit is one of the largest state damages claims against a prediction market operator and names Kalshi backer Susquehanna over gambling fees.
Betting News · +6 outlets