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Top story Second Circuit Rejects Kalshi and Coinbase Injunctions in Prediction Market Case
Bettingnews

The appellate ruling keeps the litigation over state-regulated event contracts alive and denies the two firms interim protection from state enforcement.

full coverage →regulationkalshicourts
DefirateKalshi Second Circuit Injunction Denial Clears Lawsuits to ContinueThedefiantCoinbase, Kalshi Denied Shield From State Prediction-Market EnforcementGamingamericaNew York and Connecticut Could Block Kalshi Sports Markets By Early 2027 After Latest RulingTimesunionState suit calls Kalshi prediction markets unlicensed, illegal gamblingIngameSecond Circuit Denies Kalshi Injunction After Judges Doubt Sports Contracts Are SwapsGamblingSecond Circuit Refuses Kalshi And Coinbase Injunction In New York And Connecticut
Robinhood's Prediction Markets Business Now Outearns Its Crypto Desk
Startupfortune

Prediction markets have become a material revenue line for the brokerage, with World Cup volume pushing the segment past crypto trading.

full coverage →robinhoodrevenueprediction-markets
CoinpaperWhy Robinhood Can Earn 175 Times More From a Prediction Trade Than a Stock TradeCoinmarketcapRobinhood Eyes $586M as World Cup Breaks Prediction Market RecordsForbesWhile Everyone Watched Coinbase, Robinhood Built The Everything App
Sporttrade Wins CFTC Approval as DCM and Clearinghouse to Launch Prediction Markets
Rg

The designation lets the sports betting operator offer federally regulated event contracts, adding a new licensed venue to the sector.

full coverage →sporttradecftcregulation
SportsbettingdimeUPDATE: Sporttrade Granted CFTC-Approval as DCM and DCO to Launch Prediction Market OfferingsCoversSporttrade Gets CFTC Approval to Enter Prediction Market IndustrySportsgridSporttrade Wins CFTC Approval as a Prediction MarketGamingtodaySporttrade Gets CFTC Nod as Exchange and ClearinghouseYahooSporttrade Granted CFTC Approval as Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO)SubstackPrediction Markets And Midterms: A PostmortemGamingamericaModo and Sporttrade Bet On Prediction Markets and Digital Rips As New Forms Of Gaming Attract OperatorsFinancemagnatesSporttrade Exits Sports Betting to Rebuild Around Prediction Markets Under CFTC OversightDefirateSporttrade Files for DCM Status Under CFTC to ‘Put the Consumer First’GamblingSporttrade Wins CFTC Approval as Exchange and ClearinghouseIgamingSporttrade Secures CFTC Licenses for New Prediction Market ExchangeIngameRush Street Interactive Latest Gambling Operator To File For DCM StatusTmcnetSporttrade Granted CFTC Approval as Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO)
Illinois Appeals Prediction Market Injunction to the Seventh Circuit
Rg

Illinois is pressing its bid to keep an injunction in place as states and platforms fight over who regulates event contracts.

full coverage →regulationcourtsstates
SbcamericasIllinois Appeals After Judge Blocks Prediction Markets LawSportsbettingdimeIllinois Prediction Market Law Injunction Now In Effect, but State Appeals to Seventh CircuitCdcgamingIllinois appeals to Seventh Circuit after judge blocks prediction markets lawGamblinginsiderThe Gambling Wire: Illinois Blocked From Enforcing Prediction Market Laws, Operators Exit UtahGamblingnewsIllinois Challenges Federal Court Injunction Preventing State-Level RegulationSccgmanagementIllinois Appeals Federal Block on Prediction Markets Licensing and Taxation LawGamblingJudge Blocks Illinois Prediction Market Tax As State AppealsReadwriteIllinois appeals Pacold injunction blocking its prediction-market licensing and tax regimeBloomberglawIllinois Prediction Market Ruling Deepens High Court UrgencyDefirateFederal Judge Grants Kalshi and Coinbase Partial Injunctions Against Illinois
DraftKings, FanDuel and Fanatics Halt Prediction Markets in Utah
Casino

The withdrawal shows operators retreating in states where regulators have moved against event contracts.

full coverage →draftkingsstatesregulation
YogonetDraftKings, FanDuel, Fanatics scale back Utah prediction markets after Kalshi chargesSbcamericasUtah's Kalshi Felony Charges Send Gambling Sites into RetreatGamingamericaDraftKings, FanDuel Exit Utah Prediction Markets, Kalshi FightsLegalsportsreportDraftKings, FanDuel, Fanatics Pulls Sports Predictions From UtahWorldcasinodirectoryUtah Prediction Market Pullback by Major SportsbooksAbc4Utah Attorney General touts online gambling win as companies pull out of Utah after Kalshi chargesSportsbettingdimeUPDATE: DraftKings and FanDuel Halt Utah Sports Event Contracts, Fanatics to FollowGamingtodayDraftKings, FanDuel Pull Sports Prediction Markets From Utah After Kalshi ChargesYahooNFL Gamblers Trade in DraftKings, FanDuel for Kalshi and PolymarketThe New York TimesAre prediction markets just sports betting by another name? How legal battles are taking shape - The AthleticFrontofficesportsNFL Won’t Reach Prediction-Market Deals Before Start of SeasonGamblinginsiderThe Gambling Wire: Illinois Blocked From Enforcing Prediction Market Laws, Operators Exit UtahDefirateDKeX, Fanduel Predicts Limit Market Access in Utah While Fanatics Pulls MarketsActionnetworkBest Prediction Market Apps: Top 5 Tested With Live Order-Book Data (November 2026)
Aaron Ford Unseats Nevada Governor Lombardo After Kalshi Fight
Rg

The Nevada race turned partly on the state's legal battle with prediction market Kalshi, and the result changes the statehouse posture toward the industry.

full coverage →electionsnevadakalshi
NprNevada Attorney General Aaron Ford beats Republican incumbent for governorNbcnewsDemocrat Aaron Ford unseats GOP Gov. Joe Lombardo in Nevada governor’s raceKtnvAttorney General Aaron Ford projected to unseat Joe Lombardo in Nevada governor's raceThenevadaglobeAaron Ford Unseats Incumbent Gov. Joe Lombardo in Nevada Gubernatorial RaceTheqgentlemanAaron Ford Unseats Gov. Joe Lombardo to Become Nevada’s First Black GovernorRecordcourierAaron Ford leads blue wave in Nevada statewide racesNewsnationnowLive results: Joe Lombardo faces Democrat Aaron Ford in Nevada governor raceDefirateNevada Governor Odds 2026: Ford vs. Lombardo LiveMultistateNevada Governor Election Results 2026: Aaron Ford WinsOddsshopperNevada Governor 2026 Odds: Lombardo Vs FordFox5vegasDemocrat Aaron Ford defeats Joe Lombardo, becoming Nevada’s first Black governorNewsweekDemocrats Chances of Flipping GOP Governor’s Mansion in Swing State NevadaNewsmaxDem Ford Bests Lombardo to Flip Nevada Governor's Seat
Robinhood Q3 Earnings Call Highlights Cost Discipline and Expansion
Tradingview

Management framed spending restraint alongside product expansion as the company reports quarterly results.

full coverage →robinhoodearnings
YahooRobinhood Q3 Earnings Call Highlights Cost Discipline and ExpansionZacksEquinor Q3 Earnings Call Highlights Higher Production OutlookTheglobeandmailHOOD Q3 deep dive: product expansion and international growth met with cautious outlookStockstorySKY Q3 CY2026 deep dive: retail expansion and cost pressures shape modular home outlookInvestingEarnings call transcript: Robinhood Q3 2026 revenue tops $1.4 billion, stock fallsGurufocusRobinhood Markets Inc (HOOD) Q3 2026 Earnings Call Highlights: RSimplywallRobinhood Markets (NasdaqGS:HOOD) Stock Forecast & Analyst PredictionsSubstackQ3 2025 Earnings Brief: Robinhood vs. CoinbaseTipranksRobinhood Stock Price Forecast: What Financial Analysts Expect Ahead of Q3 Earnings
Marex Clears First Institutional Event Contract Transaction on Kalshi
Marex

Clearinghouse participation signals institutional infrastructure is forming around regulated event contracts.

full coverage →kalshiinstitutionsclearing
TradersmagazineFINRA Warns AI Is Making Investment Fraud Harder to DetectTechflowpostAnalysis of Bernstein's Research Report: Prediction Markets to Reach $10 Trillion by 2035, Driven by Exchange ModelBloombergPrime Brokers Race to Give Wall Street Access to Event BetsFinancefeedsMarex Clears First Institutional Event Contract on Kalshi as Market Access Moves Into ClearingFinancefeedsMarex Clears First Institutional Event Contract on Kalshi as Market Access Moves Into Clearing
Bill Would Bar Prediction Markets From Wildfire Contracts
Legalsportsbetting

Lawmakers want to exclude catastrophe-related event contracts, raising questions about which real-world outcomes markets may list.

full coverage →regulationcongressevent-contracts
FrontofficesportsPrediction Markets May Face Bipartisan Reckoning After MidtermsSeattleredBaumgartner bill would ban wildfire betting marketsFishduckWashington Congressman’s Bill Would Ban Wildfire Prediction Markets NationwideArs TechnicaA senator tried to ban gambling on prediction markets-now she’s a Kalshi lobbyistThe New York TimesWhat Are Kalshi and Polymarket?ThenevadaindependentFederal appeals court allows Nevada to ban Kalshi and other prediction marketsLatimes‘That was fun.’ As L.A. burned, online gamblers bet on how much the fires would destroySubstackCould Prediction Markets Start Having A Republican Problem Leading Up To Midterm Elections?TownMINNEAPOLIMEDIA NEWS | Walz Bars State Employees From Using Confidential Information on Prediction MarketsCNBCGoat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California lawGamblinginsiderFederal Prediction Market Bills Introduced in 2026: What They Would DoYellowPrediction Markets Get Another Fire Season As Very Strong El Nino Odds Hit 81%LatintimesMinnesota Prediction Market Ban Sparks Federal Lawsuit Over Polymarket, KalshiRgApple Insider Trading Policy Now Addresses Prediction Markets
Prediction Markets and the Midterms: A Postmortem
Substack

Analysts assess how well event-market odds tracked the 2026 midterm results.

full coverage →midtermsanalysisprediction-markets
SubstackNebraska Rejects Online Sports Betting, But Election Results Could Help Gambling ExpansionTheargumentmagRepublicans did even worse than we warnedNatesilverWhat to make of MichiganElections-daily2025 Election Post-mortem: New Jersey and VirginiaMediaiteJD Vance Makes His Disdain for Trump’s Iran War Clear
Polls Open for Midterms as Event Contracts Show Up in Third-Quarter Results
Prnewswire

Publicly reported quarterly results now include event-contract revenue, marking the sector's arrival in mainstream financial disclosure.

full coverage →midtermsearningsprediction-markets
SubstackNebraska Rejects Online Sports Betting, But Election Results Could Help Gambling ExpansionStocktitanDaily sugar trading at Intercontinental Exchange rose 59% year over yearNewswireTreasury's Refunding Details Are Up Next as Five Large Companies Report Higher RevenueSubstackPrediction Markets And Midterms: A PostmortemSeekingalphaMidterms: A Democratic Congress Can't Ban Bitcoin, But It Can Reach Many IntermediariesRobinhoodRobinhood Teams Up With Crypto.com and OG.com to Expand Access to Prediction Markets Ahead of A Busy Fall
Kalshi's Legal Status in Florida: November 2026 Update
CBS Sports

State-by-state legality remains unsettled as Kalshi and regulators contest jurisdiction over event contracts.

full coverage →kalshistatesregulation
WtopPrediction Market Legality: Where Are Trading Apps Legal in the US?FoxsportsIs Kalshi Legal in Texas? October 2026 Legal Status and How to TradeSaturdaydownsouthWhere is Kalshi Legal in the U.S.? Full State-by-State Guide (2026)SailgpIs Polymarket Legal in Florida (Updated November 2026)UsatodayIs Kalshi Legal in Florida? Yes - Use Code SBWIRE55 to Trade Today (November 2026)SiIs Kalshi Legal in New York? What to Know in November 2026ActionnetworkIs Polymarket Legal in Florida? November 2026 StatusSharpfootballanalysisKalshi Review (Nov 2026): How It Works, What It Costs, and Where It’s LegalNypostBest Prediction Market Apps & Sites Ranked | November 2026SportsbettingdimeWhere is Kalshi Legal in the US? States Kalshi is AvailableFederalnewsnetworkMidterm Election Odds for 2026 – Trade on US ElectionsDefirateKalshi Second Circuit Injunction Denial Clears Lawsuits to ContinueSquawkaIs Kalshi Legal in Michigan? Prediction Markets Status (2026)ThedailystarFire at Kalshi slum in Pallabi under control
Is Kalshi Legal in California? November 2026 Status
CBS Sports

California's position on Kalshi and event contracts remains a key question for the largest state market.

full coverage →kalshicaliforniaregulation
AlIs Kalshi legal in Texas? Legal status in November 2026FoxsportsIs Kalshi Legal in California? October 2026 Legal Status and How to TradeUsatodayIs Kalshi Legal in California? Yes - Use Code SBWIRE55 to Trade Today (November 2026)DefirateWhere to Trade California Elections Today: Kalshi vs PolymarketSailgpIs Polymarket Legal in California (Updated November 2026)SiIs Kalshi Legal in New York? What to Know in November 2026SaturdaydownsouthWhere is Kalshi Legal in the U.S.? Full State-by-State Guide (2026)SharpfootballanalysisKalshi Review (Nov 2026): How It Works, What It Costs, and Where It’s LegalSportsbettingdime2026 Midterm Election Odds: How Kalshi vs. Polymarket Prices CompareActionnetworkIs Polymarket Legal in Florida? November 2026 StatusTech-insiderIs Kalshi Legal in California? (2026 Guide)GamingtodayCalifornia Sports Betting November 2026: Legal Status & DFS GuideNprKalshi in court over 19 federal lawsuits. What's the future of prediction markets?FoxsportsIs Kalshi Legal in California? October 2026 Legal Status and How to Trade
Is Kalshi Legal in Texas? Legal Status in November 2026
Al

Texas remains among the states whose stance on event contracts is still being tested.

full coverage →kalshitexasregulation
CBS SportsIs Kalshi Legal in Florida? November 2026 StatusFoxsportsIs Kalshi Legal in Texas? October 2026 Legal Status and How to TradeSaturdaydownsouthWhere is Kalshi Legal in the U.S.? Full State-by-State Guide (2026)UsatodayIs Kalshi Legal in Texas? Yes - Use Code SBWIRE55 to Start Trading Today (November 2026)SailgpIs Polymarket Legal in California (Updated November 2026)CoversTexas Sports Betting: Legal Prediction Markets & DFS (2026)SiIs Kalshi Legal in New York? What to Know in November 2026ActionnetworkIs Polymarket Legal in Texas? November 2026 StatusWtopPrediction Market Legality: Where Are Trading Apps Legal in the US?TexastribuneDan Patrick eyes closing “gambling loophole” for prediction markets. The feds stand in Texas’ way.KsatUtah charges Kalshi and its founders, escalating a fight over who can regulate prediction marketsSportsbettingdimeWhere is Kalshi Legal in the US? States Kalshi is AvailableSquawkaIs Kalshi Legal in Maryland? Prediction Markets Status (2026)DefirateKalshi Second Circuit Injunction Denial Clears Lawsuits to Continue
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