PRDCT Regulation

the CFTC fight

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Top story Utah sues Kalshi and its co-founders, seeking $61M over alleged illegal gambling

Utah's criminal case against the prediction market operator is the most aggressive state action yet against Kalshi, which argues it is federally regulated.

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CFTC asks court to throw out Utah's criminal case against Kalshi

The federal derivatives regulator is siding with Kalshi in arguing that state gambling enforcement is preempted by CFTC jurisdiction.

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DraftKings, FanDuel, Fanatics and Robinhood pull prediction markets from Utah after Kalshi charges

Operators exited Utah en masse as the state's criminal case against Kalshi raised legal risk for regulated sportsbooks offering event contracts.

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Illinois appeals to Seventh Circuit after judge blocks its prediction market licensing and tax law

The state is fighting an injunction that halted its plan to regulate event contracts as sports betting, a case that could shape how states oversee the sector.

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Kalshi partners with the Philadelphia 76ers in first NBA team deal

The sponsorship marks prediction markets moving further into mainstream sports marketing even as regulators push back in several states.

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Sporttrade receives CFTC approval as a designated contract market and clearinghouse

The approval gives Sporttrade a federally regulated path into prediction markets, adding a new competitor to Kalshi and Polymarket.

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Polymarket halts Michigan sports prediction markets by November 25

The pullback follows state pressure on sports-related event contracts and shows operators retreating where regulators challenge their offerings.

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CFTC greenlights trading in single-stock perpetual contracts

The move opens a new leveraged retail product category that could overlap with the same market-structure debates surrounding event contracts.

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New York expands legal fight with Kalshi through new subpoena action

New York joins a growing list of states probing whether prediction markets violate local gambling statutes.

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Ohio senator says it is time for a prediction markets bill

Ohio moves toward a legislative framework as states split between banning, licensing, or litigating over event contracts.

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Prediction markets may face bipartisan reckoning after midterms

Election-season scrutiny has raised the odds of congressional action on how event contracts are regulated.

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Saquon Barkley divests Polymarket stake to comply with NFL gambling rules

The divestiture shows league gambling policies creating complications for athletes with ties to prediction market platforms.

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Nasdaq seeks to launch inflation prediction markets

A major exchange operator exploring event contracts signals prediction markets expanding beyond sports and elections into economic data.

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