Utah files criminal charges against Kalshi and co-founders Mansour and Lopes Lara
Utah's prosecution of the prediction market and its founders is the first criminal action by a state against the industry, raising the stakes in the jurisdictio
Startup Fortune · +14 outlets
CFTC and federal government ask court to halt Utah's criminal case against Kalshi
Federal regulators argue the state case is preempted by federal jurisdiction over designated contract markets.
Gambling Insider · +11 outlets
Kalshi raises $1B at $40B valuation as sports trading fuels prediction market boom
The round roughly doubles Kalshi's valuation and underscores how much sports event trading, not elections, now drives its volume.
Legal Sports Report · +10 outlets
Kalshi seeks court order blocking Louisiana from enforcing gambling laws
Kalshi's federal suit in Louisiana is one of several parallel challenges to state gambling regulators' authority over event contracts.
Yahoo Finance · +14 outlets
CFTC Chair Selig vows to take state fight over prediction markets to the Supreme Court
Selig's pledge signals the agency will defend exclusive federal jurisdiction over event contracts all the way to the high court.
Crypto Briefing · +4 outlets
Kalshi sues Missouri over state regulatory attempts
Missouri becomes the latest state Kalshi takes to federal court to preempt gambling enforcement against its event contracts.
NewsBreak · +14 outlets
Congress weighs prediction market bans and state oversight
Federal lawmakers are considering legislation that would either ban event contracts or hand oversight to states, a direct threat to the industry's model.
PlayNJ · +14 outlets
Kalshi wins second Supreme Court extension in New Jersey case
The extension delays the New Jersey dispute while federal and state authority over prediction markets remains unresolved.
Gaming America · +14 outlets
NFL forced Saquon Barkley to sell Polymarket stake, treating prediction markets as sportsbooks
The league's move shows pro sports organizations policing prediction market ties under gambling rules even as some teams sign Kalshi deals.
ReadWrite · +11 outlets
Kalshi and Polymarket users trade $1.1M on Maryland elections despite betting ban
Offshore and federally regulated venues continue to take state election wagers where local law bars betting, testing enforcement.
Capital Gazette · +2 outlets
NBA joins pro sports leagues in embracing CFTC-regulated prediction market infrastructure
League alignment with regulated event contracts contrasts with the NFL's stance on player stakes in Polymarket.
KuCoin · +1 outlets
Kalshi introduces monthly deposit limit for young adult traders
The self-imposed cap is aimed at preempting regulator and lawmaker concerns about youthful speculation on event contracts.
Gaming Intelligence · +11 outlets
Midterms seen as reputational stress test for prediction markets
Analysts expect heavy election betting volume to draw scrutiny over accuracy, manipulation, and state legal exposure.
The Daily Upside · +1 outlets
Coinbase posts Q3 net profit despite flattish revenue
The exchange's cost discipline delivered profitability even as trading revenue stalled.
GamingToday · +14 outlets
Philadelphia 76ers sign partnership deal with Kalshi
The NBA team deal deepens Kalshi's sports marketing push amid unresolved state legal challenges.
World Casino News · +14 outlets
This week in crypto law: November 1, 2026
A roundup of regulatory and legal developments affecting crypto firms.
Bitcoin News · +3 outlets
Gambling laws in the US and Canada: 2026 overview
A state-by-state and province-by-province summary of gambling rules relevant to prediction markets.
Casino News Daily
Is Polymarket legal in the US? State availability guide
An explainer on where the offshore prediction market can be accessed by US users.
Saturday Down South