Utah files 14 criminal charges against Kalshi and its co-founders over alleged illegal gambling
Utah's criminal case escalates the jurisdictional battle over whether states or the CFTC can regulate prediction market event contracts.
The Block · +15 outlets
CFTC sues Utah to block its enforcement action against Kalshi's event contracts
The federal suit sets up a direct preemption fight over CFTC jurisdiction versus state gambling law.
Sports Betting Dime · +15 outlets
Kalshi, Polymarket and Nadex sue Louisiana and Missouri over state crackdowns
The platforms are opening new fronts in federal court to block state enforcement against sports event contracts.
RG.org · +8 outlets
Robinhood Q3 revenue hits record $1.42B as prediction markets top crypto
Event contracts became Robinhood's fastest growing line even as a crypto slump dragged shares lower.
TronWeekly · +14 outlets
Kalshi, Polymarket US post record October volumes ahead of midterm elections
Trading volumes are surging into the November midterms, the first major election cycle with broad retail event contract access.
Coinpaper · +11 outlets
NFL directed Saquon Barkley to divest his Polymarket equity stake
League rules bar player ties to gambling-adjacent businesses, underscoring friction between sportsbooks and prediction markets.
Front Office Sports · +11 outlets
NBA partners with Kalshi and Polymarket on prediction markets under CFTC safeguards
The league deal brings official sports event contracts into a regulated framework with federal oversight.
Hoops Rumors · +14 outlets
S&P Dow Jones Indices partners with Kalshi on event-based indexes
The tie-up pushes prediction market data into mainstream index products, tied to benchmarks like the S&P 500.
Markets Media · +14 outlets
Kalshi sets default $2,500 monthly deposit limit for under-21 traders
The guardrails follow research on customer losses and growing scrutiny of young retail traders.
International Business Times UK · +12 outlets
Phantom launches Kalshi-powered prediction markets for US users
The wallet integration widens distribution of Kalshi contracts beyond its own app to crypto-native users.
TradingView · +14 outlets
Kalshi CEO eyes guardrails after studies detail customer losses
The company is responding to research showing heavy losses among prediction market traders.
Bloomberg.com · +3 outlets
Polymarket agrees to halt Michigan sports event contracts by November 25
The pullback avoids state enforcement while the CFTC's jurisdiction over sports event contracts remains unsettled.
https://www.ingame.com/ · +14 outlets
CFTC reopens probe into whether Polymarket violated its 2022 settlement
Renewed federal scrutiny adds regulatory risk as Polymarket re-enters the US market.
Reuters · +10 outlets
Prediction markets see Democrats favored to sweep Congress one week out
Market-implied odds put Democrats ahead in the midterm races as election day approaches.
CNBC · +14 outlets
Prediction market bets set the tone for Anthropic's much-awaited IPO
Traders are pricing the scale and timing of the AI company's listing ahead of the offering.
Reuters · +5 outlets
Netanyahu becomes prediction markets' favorite to be Israel's next prime minister
Market odds shifted toward Netanyahu as the leading candidate to form the next Israeli government.
Semafor · +14 outlets
Plus500 starts offering Kalshi's never-expiring futures in the US
The brokerage is integrating event contracts as prediction markets spread into mainstream trading platforms.
TradingView · +1 outlets
Polymarket sees 82% December rate hike odds after Fed pause
Market-implied pricing diverges from the Fed's pause, a read on how traders see the policy path.
Yahoo Finance · +1 outlets