Archive snapshot · Platforms
Wed, Oct 28, 4:46 AM ET
Robinhood Q3 profit misses estimates as crypto revenue falls 55%, prediction markets surge
Robinhood posted record revenue of about $1.4 billion but missed profit targets as crypto transaction revenue dropped while event contract volumes hit record le
FinanceFeeds · +15 outlets
NBA names Kalshi and Polymarket preferred prediction market partners, signs CFTC integrity pact
The NBA established an integrity framework with the CFTC and named Kalshi and Polymarket preferred exchanges, marking a major US sports league's entry into pred
Gaming America · +15 outlets
CFTC and DOJ sue Utah to shield Kalshi from state gambling crackdown
The federal lawsuit challenges Utah's effort to shut down Kalshi's event contracts, widening the state-federal fight over prediction market regulation to about
WellPlayed · +9 outlets
S&P Dow Jones Indices partners with Kalshi to build benchmark-linked event contracts
The deal turns Kalshi's prediction market probabilities into index products, extending event contracts into mainstream financial benchmarks.
BigGo Finance · +14 outlets
Brazil bans Polymarket, Kalshi and 25 other prediction platforms
Brazil's regulator blocked access to dozens of prediction market platforms, extending a global regulatory crackdown beyond the US.
CoinMarketCap · +13 outlets
Kalshi files federal lawsuit against Louisiana over event contracts
Kalshi's suit challenges Louisiana's restrictions on its prediction market contracts, adding to its multi-state legal battles over event contract authority.
Gaming Intelligence · +14 outlets
Bernstein forecasts Robinhood prediction market revenue could reach $1.7B by 2028, topping crypto
The analyst note projected event contract revenue would overtake crypto for Robinhood by 2028 and cut its Coinbase price target to $250.
Gambling News · +6 outlets
Polymarket eyes US return as prediction market ETFs near launch amid widening legal fight
The report frames Polymarket's potential US re-entry and forthcoming ETF products against the backdrop of expanding state and federal litigation.
CoinMarketCap · +4 outlets
Crypto.com's OG.com unit adds US crypto perpetuals for retail as Kraken and Kalshi expand
Crypto.com's prediction markets unit entered US crypto perpetual futures, intensifying competition among exchanges expanding derivatives offerings.
Finance Magnates · +3 outlets
Research: Kalshi on pace for more than $1B in adjusted earnings in 2026
The projection underscores how quickly Kalshi's event contracts business is scaling amid expanding regulatory and commercial interest.
https://www.ingame.com/
NYU experts say prediction markets should be taxed as gambling
The academic recommendation raises the prospect of a new tax framework for event contracts as states and federal regulators spar over their status.
Sportico.com · +4 outlets
Lawmakers demand VIP program details from six sportsbooks and prediction markets
The inquiry signals growing legislative scrutiny of customer incentives at both traditional sportsbooks and prediction market operators.
Casino.com · +2 outlets
Robinhood's Tenev warns US tokenization uncertainty deters serious assets
The CEO said regulatory ambiguity over tokenized assets is keeping higher-quality issuers on the sidelines.
TradingView · +2 outlets
Ondo's tokenized Robinhood stock debuts as HOOD drops 7% after earnings miss
A tokenized version of Robinhood shares launched as the underlying stock fell following its quarterly results.
Crypto Briefing · +1 outlets
Crypto.com launches market maker incentives to chase Kalshi's parlay business
The incentive program targets liquidity provision as Crypto.com competes with Kalshi's event contract volumes.
Gaming America · +2 outlets
Prediction markets gain role in risk transfer, Business Insurance reports
The piece examines how event contracts are being used for hedging and risk transfer beyond sports and politics betting.
Business Insurance · +14 outlets
Congressional Research arm weighs prediction markets' role in democracy
The policy analysis examines how election prediction markets inform public understanding amid criticism from forecasters.
Council on Foreign Relations
Kalshi and Polymarket face criticism over how the public reads election probabilities
The commentary argues the platforms share blame for misinterpretation of election markets as forecasts rather than probabilities.
The Event Horizon

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