PRDCT

what the crowd is pricing

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Top story Arkansas AG sues Kalshi and VGW, alleging illegal gambling and mental harm to residents

The state suit adds to a widening set of state-level legal challenges to prediction market operators over whether event contracts constitute illegal gambling.

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Prediction markets called the Democratic midterm sweep, outpacing polls in early calls

The 2026 midterms served as the highest-profile accuracy test yet for event contracts, with operators and critics disputing how well the markets really did.

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Binance and Polymarket seek Polygon hard fork to recover $6.8M in hacked funds

A hard fork to claw back stolen assets would be a contested precedent for blockchain immutability after hacks at the exchange and the prediction market.

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Appeals court denies Kalshi rehearing bid in Nevada sports betting case

The denial keeps intact rulings that bar Kalshi's sports event contracts in Nevada, a key venue for the state-by-state gambling fight.

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Federal government sues Minnesota over its prediction market ban

The suit escalates the conflict between federal event-contract oversight and state efforts to prohibit prediction markets.

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Apple adds prediction markets to insider trading policy, barring staff from trading on company secrets

The policy change signals large employers are treating event contracts as a new insider-trading risk channel.

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DraftKings, FanDuel and Fanatics scale back Utah prediction market offerings after Kalshi charges

Operators are retreating from Utah after criminal charges against Kalshi, showing how state enforcement can reshape product availability.

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Robinhood's prediction markets business now outearns its crypto desk

The disclosure underscores how quickly event contracts have become a revenue driver for retail brokerages.

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Flutter reports prediction market revenue growth as FanDuel weighs response

FanDuel's parent is sizing up spending on prediction markets as the format encroaches on its core sportsbook business.

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Second Circuit rejects Kalshi and Coinbase injunctions over state gambling enforcement

The ruling leaves state regulators free to act against event-contract offerings while broader litigation continues.

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Kansas and North Carolina midterm races drew millions in prediction market wagers

State-level race volumes illustrate how election betting spreads well beyond national contests.

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Tribal gaming groups say prediction markets threaten sovereignty

Tribal operators are adding their voice to the legal and political fight over whether event contracts evade gaming compacts.

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Kalshi cites election probes in response to insider trading concerns

The company argues its markets surfaced potential wrongdoing during the midterms, framing prediction data as an enforcement aid.

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Marex clears first institutional event contract trade on Kalshi

Institutional clearing marks another step in prediction markets' move into mainstream brokerage infrastructure.

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