NY Gaming Commission asks court to enforce subpoenas against Kalshi
The New York State Gaming Commission is pressing its jurisdictional fight with Kalshi, seeking judicial enforcement of subpoenas as the prediction market operat
RG.org · +8 outlets
CFTC warns Novig and ProphetX to hold sports micro and scorigami contracts
The federal commodities regulator told the two sports prediction platforms to pause new micro and scorigami style contracts, signaling tighter scrutiny of novel
Yogonet · +7 outlets
Phantom rolls out Kalshi prediction markets to US users
The crypto wallet expanded Kalshi's prediction markets to U.S. users with stablecoin funding, even as state lawsuits over event contracts continue.
BitKE · +14 outlets
Attorneys argue state rules do not apply to federally regulated event contracts
Industry attorneys point to conflicting appeals court rulings and federal preemption arguments that could determine whether states can regulate prediction marke
CDC Gaming · +14 outlets
CME-backed trade group asks CFTC to reject Kalshi's perpetual oil futures contract
The exchange industry group backed by CME Group is challenging Kalshi's proposed perpetual oil futures, part of a widening dispute over which contracts the pred
BigGo Finance · +9 outlets
Sen. Ted Cruz bill targets federal sports prediction markets
A new Senate bill from Ted Cruz would curtail federal sports prediction markets, adding a congressional front to the regulatory battle.
Betting News · +8 outlets
Robinhood says bitcoin and gold prediction markets are among its fastest-growing products
Robinhood is leaning on non-sports and commodities prediction markets as growth drivers, positioning itself to benefit regardless of the outcome of the sports e
Coinpaper · +14 outlets
Webull to exit Connecticut sports event contracts by Oct. 31
Webull is withdrawing its sports prediction market offerings from Connecticut, the latest platform to retrench as state regulators assert authority over event c
RG.org · +3 outlets
CIRO bans sports and entertainment event contracts in Canada
Canada's investment industry regulator barred sports and entertainment event contracts, extending the prediction market crackdown beyond U.S. borders.
The Sports Geek · +11 outlets
Ohio warns gaming licensees over prediction market ties, policymakers weigh rules
Ohio regulators warned licensed gaming operators about prediction market partnerships as state policymakers debate how to handle the surge in sports and politic
GamblingSites.com · +3 outlets
Kalshi lobbying spending rises amid prediction market regulatory dispute
The prediction market operator has increased its Washington lobbying as federal and state officials escalate scrutiny of event contracts.
Legis1 · +6 outlets
Pentagon tells personnel not to use nonpublic information on prediction markets
The Defense Department issued a restriction on trading prediction markets with nonpublic information, raising questions about enforcement and insider trading no
The Event Horizon · +6 outlets
DraftKings CEO says company is in win-win position in prediction market legal fight
DraftKings' chief executive said the operator stands to gain whether federal preemption or state authority prevails in the event contract dispute.
CDC Gaming · +14 outlets
IG Group seeks UK gambling licence for prediction markets
The trading and betting group is pursuing a UK gambling licence to offer prediction markets, betting on convergence between trading and wagering.
World Casino News · +4 outlets
Lawmakers press sportsbooks and prediction markets on VIP perks
Congressional scrutiny of VIP customer programs at sportsbooks and prediction platforms is intensifying as part of a broader look at gambling industry practices
Legal Sports Report · +14 outlets
Sportsbooks and prediction markets pour record sums into political spending
The betting and prediction market industries set records for political contributions as they seek favorable regulatory treatment.
RG.org · +7 outlets
CFTC explores new trading markets at AgCon as agriculture weighs risks
At the agricultural conference, CFTC officials discussed expanding new trading markets while farm groups raised concerns about risk exposure.
DTN Progressive Farmer · +1 outlets
CFTC urged to require market vitals disclosures for prediction exchanges
A Boise filing asks the CFTC to mandate standardized market data disclosures for prediction exchanges, part of a push for greater transparency.
Idaho Business Review · +1 outlets