CFTC and DOJ move to block Utah's criminal case against Kalshi, as rival platforms exit the state
Federal regulators argue Utah's criminal gambling charges against Kalshi conflict with CFTC jurisdiction over event contracts, prompting DraftKings, FanDuel, Fa
Casino.com · +14 outlets
CFTC clears perpetual futures on single US stocks, branded Equity Perps; Cboe and Citadel-backed group sue
The novel single-stock perpetual contracts drew an immediate legal challenge from a Cboe and Citadel-backed coalition over the regulator's authority.
WellPlayed · +14 outlets
Sporttrade wins CFTC approval as designated contract market and clearinghouse for prediction markets
The approval gives the sports-betting firm a federally regulated route into event contracts alongside Kalshi and Polymarket.
Covers.com · +10 outlets
Robinhood prepares earnings contracts through its own exchange, Rothera
The move would let Robinhood list company earnings event contracts on an in-house venue, extending its prediction market push into equities-adjacent bets.
Tribuna.com · +10 outlets
Illinois appeals prediction market injunction to the Seventh Circuit
The state is fighting to enforce its prediction market restrictions after a court blocked them, part of a widening state-by-state legal battle.
RG.org · +9 outlets
Robinhood stock down about 40% from its high as crypto revenue falls and prediction market legal risk mounts
Analysts flag the outsized revenue prediction markets generate per trade relative to equities, even as legal threats cloud the business.
Disruption Banking · +14 outlets
Polymarket to halt Michigan sports prediction markets by November 25
The pullback follows mounting state pressure on sports event contracts and adds Michigan to the list of markets Polymarket has exited.
Casino.com · +14 outlets
Nasdaq seeks to launch inflation prediction markets
The exchange operator's proposal would bring macro economic event contracts into a traditional regulated venue.
ATS.io · +14 outlets
Gemini launches hourly and daily crypto prediction contracts for Zcash and Hyperliquid
The fixed-resolution contracts pay $1 for a correct outcome with losses capped at the purchase price, marking a crypto exchange's entry into event trading.
Newsquawk
Polymarket and Chainlink launch 15-minute gold and silver prediction markets on Web3
The partnership brings short-horizon commodity event contracts onto onchain venues, broadening prediction market assets beyond crypto and politics.
KuCoin · +6 outlets
Saquon Barkley divests Polymarket stake over NFL gambling rules
The NFL running back's exit highlights compliance friction between league gambling policies and athlete ties to prediction markets.
Casino.com · +11 outlets
Regulators and platforms debate whether prediction markets are gambling or trading
The classification question underpins the federal-state turf war over event contracts.
CoinMarketCap · +14 outlets
Philadelphia 76ers sign multi-year prediction market deal with Kalshi
The NBA team sponsorship extends Kalshi's sports marketing push as it fights state-level legal challenges.
Yogonet · +14 outlets
Marex clears first institutional event contract transaction on Kalshi
The clearing milestone signals institutional infrastructure is building around event contracts beyond retail trading.
Marex · +3 outlets
Pennsylvania bills seek to ban micro bets, parlays and VIP programs
The proposed restrictions target fast-cycle betting products amid broader scrutiny of gambling industry practices.
Casino.com · +9 outlets
Aries launches ForecastEx prediction markets with no sports contracts
The new venue avoids sports event contracts, sidestepping the state gambling disputes that have ensnared rivals.
FinanceFeeds · +2 outlets
Polls open for midterms as event contracts appear in third-quarter results
Election event contracts are showing up in company earnings as the midterm cycle drives prediction market volumes.
PR Newswire · +1 outlets
State-by-state legal status roundups: Kalshi, Polymarket and rivals in California, Texas and Pennsylvania
A wave of status explainers tracks where prediction market platforms can legally operate as state fights continue.
CBS Sports · +1 outlets