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
Phantom launches Kalshi prediction markets for US users at $0.02 a contract
The wallet integration puts Kalshi contracts inside a mainstream crypto app, broadening retail access to event markets.
FinanceFeeds · +6 outlets
Judge lets Buena Vista Rancheria join tribal suit against Kalshi
Tribal gaming interests are expanding their legal challenge to Kalshi as the fight over event contracts moves through multiple courts.
RG.org
Pentagon restricts use of nonpublic information on prediction markets
The guidance follows scrutiny of insider-style trading on event contracts tied to military and geopolitical outcomes.
The Event Horizon · +14 outlets
CIRO bans sports and entertainment event contracts in Canada
Canada's regulator barring event contracts contrasts with the still-unsettled US approach to prediction markets.
The Sports Geek · +14 outlets
Underdog sues Tennessee over prediction market gambling restrictions
The operator's suit adds to a growing set of state-level legal fights over how prediction markets are classified.
Casino.com · +14 outlets
Webull to pull sports prediction market services out of Connecticut
The exit shows brokers are reassessing prediction market offerings amid a patchwork of state-level legality.
CT Insider · +9 outlets
CFTC urged to require market vitals for prediction exchanges in Boise
The push for standardized market data disclosures would bring prediction exchanges closer to traditional exchange transparency rules.
Idaho Business Review · +1 outlets
Kalshi announces sector KPI markets with Carbon Arc
Kalshi's partnership on sector KPI contracts extends event markets into corporate and economic data outcomes.
Kalshi News · +1 outlets
Ohio warns gaming licensees over prediction market ties
State gaming regulators are increasingly warning licensed operators about partnerships with prediction market venues.
Gambling Insider · +13 outlets
Fifteen-minute prediction market bets scratch the bitcoin itch
Short-duration crypto contracts are drawing retail traders seeking fast-moving wagers without outright token exposure.
Bloomberg.com · +1 outlets
High Roller Technologies launches ROLR prediction markets platform on Crypto.com infrastructure
The launch adds another crypto-native entrant to the crowded prediction market venue race.
Gaming Intelligence
Binance US pursues prediction markets as BNB trades near $733
A major US crypto exchange entering event contracts adds another large venue to the prediction market field.
StreetInsider · +1 outlets