Coinbase is distributing Kalshi-run prediction markets nationwide, extending the product to a mainstream crypto brokerage user base.
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The CFTC is pressing prediction market operators to stop blocking users in certain states, a step that would expand access in jurisdictions where the venues had self-restricted.
Prediction markets have overtaken crypto as a revenue contributor at Robinhood, underscoring how quickly event contracts have scaled.
Utah's criminal case against Kalshi has prompted other prediction market operators to exit the state, intensifying the legal fight over event contracts.
The approval gives prediction market developers a regulated exchange and clearing venue, potentially lowering the compliance barrier to launching new markets.
Regulators remain split on event-contract funds, with the SEC holding back ETF approvals while the CFTC signals support for the broader sector.
DraftKings continues to expand its prediction products while investors remain skeptical about the payoff, leaving the shares under pressure.
Flutter's management argues FanDuel's prediction offering has caught up with rivals, a claim that matters as sportsbooks push further into event contracts.
The classification question underlies the widening legal conflict between watchdogs and operators over event contracts.
Prediction market data agreements are helping fuel Sportradar's US growth, showing the sector's spillover into sports data suppliers.
Event contracts are drawing activity even as crypto prices slide, positioning prediction markets as a countercyclical product for exchanges.
A review of how prediction market prices performed against the midterm election outcomes.
An investment research note argues event contracts have moved from the periphery to a material part of the trading landscape.
A comparison of two prediction market venues as competition for event-contract users heats up.
A state-by-state look at Kalshi's legal footing in California as regulatory scrutiny of event contracts continues.
The Florida legal picture for Kalshi amid broader state-level challenges to prediction markets.
A Texas-focused roundup of prediction market venues as operators test access across states.