NBA signs Kalshi and Polymarket as preferred prediction markets, adds CFTC integrity framework
The league's first formal prediction market partnerships come with a memorandum with the CFTC and a new integrity framework, while the NFL continues to resist e
Yahoo Finance · +15 outlets
CFTC sues Utah to block state gambling law enforcement against Kalshi event contracts
The federal regulator's suit against a GOP-led state escalates its turf fight with states over whether event contracts are federally regulated derivatives or st
Sports Betting Dime · +14 outlets
CFTC reopens probe into whether Polymarket violated its 2022 settlement
The renewed inquiry tests whether the platform kept US traders off its offshore venue as required under its 2022 agreement.
New York Post · +14 outlets
Robinhood Q3 revenue misses estimates as crypto drops 55% and prediction markets top crypto
Record $1.42 billion revenue and 16.4 billion event contracts were offset by a crypto slump that sent shares down about 4% after hours.
FinanceFeeds · +14 outlets
Kalshi sues Louisiana officials over state gambling laws and sports betting rules
Kalshi's federal suit against Louisiana is the latest state-level legal challenge as it argues event contracts fall outside state gambling rules.
KSLA · +14 outlets
S&P Dow Jones Indices partners with Kalshi to bring benchmark indices to prediction markets
The licensing deal with S&P Global's index unit extends event contracts beyond sports into broad financial benchmarks tied to the S&P 500.
Coin Edition · +14 outlets
Polymarket tightens security and investigates insider bets after soldier's $400K Venezuela trade
Polymarket says it is reviewing dozens of election-related cases and a judge declined to dismiss the soldier's insider trading suit, as the CFTC warns on event
upi · +6 outlets
Prediction markets favored Bolsonaro, Lula won Brazil's runoff
The miss has become a case study in event contract reliability ahead of the US midterms and raises questions about the pitch to brokers.
CNBC · +14 outlets
Kalshi imposes $2,500 monthly deposit limits and new safeguards for traders under 21
The platform's new protections arrive as scrutiny grows over young traders and as it suspended three congressional candidates for betting on their own races.
Bloomberg · +10 outlets
Plus500 becomes first FCM to offer Kalshi perpetual futures in the US
The launch marks an early bridge between a regulated retail broker and Kalshi's never-expiring event contracts in the US market.
Markets Media · +6 outlets
Prediction markets see Democrats favored to sweep Congress one week before midterms
Traders' positioning on the midterms is being treated as a credibility test for event contracts as the election approaches.
CNBC · +14 outlets
Polymarket launches five-minute BTC, ETH, SOL and XRP prediction markets on its US app
The short-duration crypto contracts mark a further expansion of event markets into high-frequency speculation.
FinanceFeeds · +14 outlets
New York Gaming Commission sues Kalshi over requests for company data
The state regulator's suit adds New York to the list of jurisdictions clashing with Kalshi over event contract oversight.
Times Union · +14 outlets
Anthropic IPO seen as near-certain this year by prediction market traders after SEC filing
Traders are pricing high odds on an Anthropic listing following the company's SEC filing, reflecting event markets' growing role in IPO speculation.
CNBC · +13 outlets
Millennium taps prediction market data in hunt for trading edge
The hedge fund's use of event contract data signals institutional adoption beyond retail speculation.
Bloomberg.com · +1 outlets
Supreme Court weighs in on prediction markets
The high court's involvement signals the legal fight over event contract jurisdiction could reach the highest level.
SCOTUSblog · +14 outlets
CFTC commissioner warns on prediction market insider trading
The warning comes as regulators face mounting questions about enforcement on event contract platforms.
RG.org
Kalshi suspends three congressional candidates for betting on their own races
The suspensions show platforms enforcing insider trading rules as election-related markets grow.
ABC News