Utah's suit and criminal charges against Kalshi prompted DraftKings, FanDuel, Fanatics and Robinhood to scale back or halt event contracts in the state, the sharpest state-level challenge yet to prediction market venues.
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Analysts attribute Robinhood's steep share decline to weaker crypto trading revenue and legal risk around its prediction market push.
CFTC clearance lets Sporttrade become a federally regulated exchange and clearinghouse for event contracts, expanding the regulated US prediction market field beyond Kalshi and Polymarket.
The regulatory fight over event contracts turns on classification, which determines whether platforms fall under CFTC oversight or state gambling law.
An analysis of Robinhood's unit economics shows event contracts generating far higher revenue per trade than equities, underscoring why the brokerage pushed into prediction markets.
Nasdaq's plan to list economic-data event contracts would bring prediction markets into mainstream exchange territory, targeting macro hedging rather than sports.
Illinois is challenging a court ruling that blocked its enforcement action against prediction market operators, adding to a growing patchwork of state litigation.
The Eagles running back exited his equity position after league rules barred player ties to gambling-related businesses, a sign of friction between sportsbooks-style venues and pro sports.
The NBA team becomes the latest sports franchise to partner with Kalshi, extending event-contract branding into mainstream sports sponsorship.
Earnings disclosures show prediction market volumes are now material enough to appear in quarterly financials as US midterm trading peaks.
The clearing broker's first institutional Kalshi transaction signals building brokerage infrastructure for event contracts beyond retail trading.
RotoWire's midterm coverage aggregates prediction market probabilities across Senate, House and the Texas Senate matchup.
Polymarket is winding down Michigan sports contracts, another state where gambling regulators have pressed prediction market operators.
The new venue focuses on economic and financial event contracts, a differentiator from sports-heavy rivals like Kalshi and Polymarket.
Revenue figures from prediction bets highlight how quickly event contracts have become a meaningful line item for the brokerage.
Details on revised payout mechanics for Robinhood's prediction market joint venture and its event contracts on corporate earnings.
Robinhood's event contracts now include directly contested US election outcomes, tying the brokerage to political betting markets.
A stream of Robinhood event-contract listings on BTC, Dogecoin, XRP and HYPE prices shows the platform's expanding crypto prediction market catalog.
Legal status and platform availability guides for California and Pennsylvania reflect the fragmented state-level landscape for event contracts.
Comparison coverage of how Crypto.com's sports contracts stack up against Kalshi's prediction market app.
Outlet roundups rank US prediction market apps and Polymarket competitors as the category draws mainstream consumer attention.
A weekly markets wrap notes record top-line results alongside margin pressure and analyst downgrades.
Reviews of smaller prediction market platforms cover features, fees and promotional offers as the sector's app count grows.
A beginner walkthrough of event contract trading as retail platforms push onboarding content to new users.
A product review of Plus500's trading app, including its sports-related offerings and regulatory status.