The raise marks a sharp step-up in Kalshi's valuation and tests whether prediction markets can grow beyond sports betting volume.

Lawmakers are asking the venues to show their election pricing is not being distorted ahead of the midterm vote.

Federal regulators are intervening in a state prosecution that tests who has authority over event contracts.

Traders and polls both lean toward Democrats, with several individual Senate races also priced in their favor.

The withdrawals show operators pulling back from states asserting gambling-law authority over event contracts.

A major exchange operator moving into event contracts would broaden the market beyond Kalshi and Polymarket.

A compromised DebugBear analytics script and a reported DNS hijack let attackers drain hundreds of wallets, prompting Polymarket to pause trading and promise re

Lawmakers raised insider-trading and manipulation concerns days before the midterm vote, adding to regulatory pressure on prediction markets.

Aggregated Kalshi and Polymarket pricing converged with polls favoring Democrats in both chambers ahead of the midterms.

Kalshi's expansion into regulated US markets appears to be eroding Polymarket's share of prediction market volume.

Trading volumes on banned state races highlight the enforcement gap between federal-regulated venues and state gambling prohibitions.

Market pricing flipped or widened Democratic leads across the key Senate battlegrounds, a striking divergence from historical polling error trends.

The charges escalate a state-versus-federal fight over whether states or the CFTC may regulate prediction market event contracts.

The round values Kalshi above its main competitor as sports and election contracts drive record prediction market volumes.

The NBA tie-up extends prediction markets deeper into pro sports sponsorship while drawing criticism over gambling's influence.

The suspensions test how prediction markets police insider trading as political contract volumes surge ahead of the midterms.

The intervention sets up a federalism clash over whether the CFTC's jurisdiction preempts state gambling prosecutions of event contracts.

The suit is part of a widening pattern of Kalshi preemptive litigation against state regulators.

Multiple prediction venues and forecasters converge on Democratic control of the Senate, a consensus that will be tested Tuesday and could reshape how election

Lawmakers and regulators are pressing the prediction-market platforms on integrity risks just as midterm volume peaks.

Record midterm volume underscores how quickly prediction markets have become a mainstream venue for political risk.

Trading on banned state races illustrates the enforcement gap between federal derivatives oversight and state election-betting prohibitions.

Outlets prepare live trackers for results and the timing of when control of Congress will be known.

Traders now make Democrat James Talarico the clear favorite in a Texas Senate race that was not seen as competitive earlier in the cycle.

The raise puts Kalshi at a reported $40B valuation and tests whether prediction markets can grow past their sports-heavy trading base.

The exchange operator wants to list event-based contracts tied to the Nasdaq-100, extending prediction market style products into mainstream equities derivative

Federal regulators are asserting jurisdiction over prediction markets as states including Utah and Illinois push back with their own enforcement.

The drop reflects pressure on Robinhood's crypto-linked revenue and uncertainty around the legal footing of its event contracts business.

The deal marks the first prediction market tie-up with an NBA franchise, expanding Kalshi's presence in professional sports marketing.

Prediction market operators are racing to add products and integrations while US regulators and states contest their legal status.

Utah's criminal case against Kalshi and its co-founders has drawn a federal intervention, sharpening the state-versus-CFTC fight over who regulates event contra

The valuation test comes as Kalshi faces criminal prosecution in Utah, raising questions about whether prediction markets can expand beyond sports betting.

The extension delays the state's next filing in the ongoing jurisdictional dispute over Kalshi's sports event contracts.

A major exchange operator's move into event contracts would extend prediction-market style products to mainstream index products pending SEC review.

Major sportsbooks pulling out of Utah shows how quickly state-level enforcement can reshape operator footprints, while a court blocked Illinois from enforcing i

The drop ties Robinhood's outlook to both its crypto franchise and the legal risk hanging over its prediction market joint venture.