A compromised third-party vendor drained about $2.5 million to $2.7 million from roughly 700 users, prompting a temporary global trading pause and raising secur

The funding round values the prediction market at roughly 40 billion dollars as it expands beyond event contracts, while analysts debate whether that valuation

State prosecutors charged the company and founders with felonies for allegedly violating Utah gambling law, and the CFTC chair said the agency is prepared to ta

Coinbase reported strong net income growth and a 200 million dollar annualized run rate for prediction markets even as overall net revenue fell, showing the pro

The deal marks the NBA's first direct tie-up with a prediction market and drew fan backlash, coming as the league and its teams navigate growing gambling scruti

The Michigan Gaming Control Board secured an agreement for Polymarket to withdraw sports contracts, part of a widening state-by-state regulatory push on predict

Regulators flagged manipulation and insider risk across event contracts as the venues scale toward institutional trading.

Kalshi and Polymarket face a major accuracy test, with the midterms serving as the highest-profile proving ground for event contracts to date.

Lawmakers opened an inquiry into election-related prediction markets, adding congressional pressure alongside state and federal regulatory scrutiny.

The relief removes a compliance burden for event-contract venues as federal regulators sort out how existing derivatives rules apply to prediction markets.

The partnership extends prediction markets into equity index outcomes, a step toward markets that resemble financial instruments rather than sports bets.

Australia's securities regulator characterized retail prediction market products as bets, signaling a restrictive stance in a major offshore market.

Operators pulled event contracts in Utah as state gambling law scrutiny intensified, following the criminal case against Kalshi.

Reporting detailed unusual trading activity in election markets, adding to pressure for closer supervision of event contracts.

The distribution deal puts event contracts in front of institutional trading desks, part of the venue's push into mainstream financial infrastructure.

The retail brokerage's event-contract offering has become a key growth driver as prediction markets move into mainstream investing apps.

The venue is challenging state-level authority over event contracts in a case that echoes its Utah dispute.

The league's measured approach and a rule forcing a player to unwind a Polymarket stake highlight friction between sports bodies and event markets.