Kalshi's new funding round values the private prediction market at $40B, a test of whether event contracts can grow beyond sports betting after estimated Q3 ind

Lawmakers asked the two largest prediction markets to show their election odds are not tainted, days before the midterm vote.

The suspensions come as insider trading and self-dealing concerns mount over prediction markets tied to elections.

Illinois is challenging a ruling that blocked enforcement of its prediction market restrictions, part of a widening state-by-state legal fight.

Operators pulled out of Utah after charges against Kalshi, while Kalshi continues to fight the state's crackdown in court.

Kalshi and Polymarket odds favor Democrats on the eve of the midterms, diverging from some late polling and models.

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 round values the private exchange at roughly $40 billion and comes as prediction market trading volume and fee revenue scale up ahead of the midterms.

The clash sets up a federal-state test of who can regulate event contracts, with the CFTC seeking to block Utah's criminal prosecution.

Traders on Kalshi and Polymarket have bid Democratic Senate odds to record levels, with the House priced near 95% and a blue wave around 87.7%.

Lawmakers are asking the platforms to address insider trading and manipulation risks as election betting volumes hit record levels.

The suspensions are an early enforcement test of the platforms' self-policing rules on insider trading in political markets.

The monthly figures underscore Kalshi's growing dominance over rival Polymarket, whose share has fallen to roughly 17%.

Lawmakers are asking the prediction market operators to show their election markets are free from manipulation and insider trading before the vote.

Senate control odds on prediction markets have swung toward Democrats in the final days of the campaign.

Prediction markets have drawn record election volume, with research suggesting odds can still be moved for a few thousand dollars.

Outlets are publishing live results infrastructure for House, Senate and governor races ahead of Election Day and the count that follows.

Offshore and federally regulated platforms are taking Maryland election wagers even though the state prohibits election betting.

House control odds heavily favor Democrats in final pre-election pricing, though Senate races remain the closer contest.

The state is challenging a federal injunction that barred it from enforcing licensing and tax requirements on prediction market operators, one front in the broa

Analysts point to collapsing crypto trading revenue and regulatory threats to prediction markets as the drivers of the stock's steep decline.

Robinhood's event contracts business is emerging as a material revenue line just as its crypto trading income weakens.

An exchange operator moving into event contracts signals that prediction markets are spreading beyond elections and sports into macroeconomic data.

Platform revamps and a major exchange entering the category show prediction markets scaling even as US regulators contest their legal status.

The classification question underpins state licensing battles, tax treatment, and which federal regulator has jurisdiction.

Illinois is asking the Seventh Circuit to revive its licensing and tax regime for prediction markets after a judge blocked it, a case that tests whether states

The federal regulator argues Utah's criminal gambling charges against Kalshi are preempted by federal commodities law, escalating a state-versus-federal turf fi

Major sportsbook operators are exiting Utah's prediction market business as the state's criminal case against Kalshi chills participation.

The procedural extension keeps alive Kalshi's Supreme Court track on whether states can bar its event contracts while litigation continues.

A major exchange operator entering economic event contracts signals prediction markets expanding beyond sports and politics into macro data.

Separate from its motion to dismiss, the CFTC is pressing courts to halt Utah's enforcement action while the preemption question is litigated.