Utah's criminal action against the prediction market escalates the state-versus-CFTC fight over who can regulate event contracts, with the federal government no

Contracts on the two biggest prediction venues have converged on a Democratic sweep scenario, turning the midterms into the industry's highest-profile test of a

Hackers took about $2.7 million from Polymarket traders through a compromised DebugBear script, and the venue is reimbursing affected accounts.

The reported raise would make Kalshi one of the most valuable private market operators and underscores investor appetite for regulated event contracts.

Kalshi is asking courts to block state gambling enforcement, adding Missouri to a growing list of jurisdictional battles alongside New Jersey, Louisiana and Uta

The repeated extensions keep the New Jersey matter alive while the federal-state authority question over prediction markets remains unresolved.

The filing extends Kalshi's strategy of pre-emptive federal injunctions against state gaming regulators.

Event contracts have become a material revenue line for Robinhood even as its crypto trading income weakens.

The regulator's warning signals tighter scrutiny of event contracts in Australia, where sports betting rules are already strict.

The league's stance shows major sports bodies still classify event contracts as gambling, complicating venue partnerships with players and teams.

The NBA team deal is one of the first big-league sponsorships tied directly to a prediction market venue.

Trading volumes in a ban state illustrate the enforcement gap regulators say they are trying to close.

The exchange's move shows crypto venues increasingly view event contracts as a distribution channel.

The new rule is a pre-emptive responsible-trading measure aimed at younger users ahead of expected regulatory pressure.

Fanatics is exiting a state that criminalizes prediction market operators, contrasting with Kalshi's litigation-heavy approach.

Analysts note the industry has missed several recent elections and warn that another miss would undermine its credibility as a forecasting tool.

Crypto markets steadied while traders tracked the fallout from a string of security incidents in crypto-adjacent venues.

Seeking Alpha argues the election outcome could shape the regulatory backdrop for sportsbook operators and event contract venues.