Kalshi Win in New Jersey Fight Hailed as Big Victory Over States
A US appeals court ruling that Kalshi falls under CFTC oversight strengthens federal authority over fast-growing prediction markets, but a sharp dissent signals continuing state–federal clashes over gambling regulation.
CFTC Sues Illinois Over State Effort to Limit Prediction Markets
The CFTC has sued Illinois officials to block state gambling enforcement against prediction markets, escalating a jurisdictional clash over who regulates the booming industry.
‘Death Markets’ and Attack Ads: Prediction Rivalry Turns Nasty
A fierce public spat between Kalshi and Polymarket is exposing deep regulatory and ethical divides in the booming prediction market industry just as Washington scrutiny intensifies.
Brazil’s B3 Eyes Election Bets as It Enters Prediction Markets
Brazil’s B3 is entering prediction markets with new event contracts on assets and possibly elections, testing Brazil’s regulatory gray zone while targeting professional investors ahead of October’s presidential vote.
Kalshi Approved for Margin Trading as It Lures Wall Street Pros
Kalshi won approval to offer margin trading via a new futures commission merchant unit, positioning it to court institutional investors and accelerate mainstream adoption.
Homophones, Plurals and Language ‘Rulescucks’ Are Roiling Prediction Markets
Prediction markets’ push to turn messy language into binary bets is forcing platforms into increasingly arbitrary, code-friendly rulebooks that undermine their claims to objective truth.
Kalshi, Polymarket Founders Back New Prediction Market VC Fund
A new $35 million venture fund, 5c(c) Capital, backed by prediction-market rivals Kalshi and Polymarket and top VCs, signals growing institutional confidence in regulated betting exchanges.
Polymarket’s Latest Pop-Up Is a Sports Bar for Watching the News
Prediction platform Polymarket is courting Washington with a pop-up “Situation Room” bar even as US lawmakers and regulators move to clamp down on the controversial betting industry.
How ‘Irrelevant’ Prediction Market Detail Led to Death Threats
Fast-growing prediction markets are exposing a core weakness as disputed contracts and after-the-fact trading create incentives to distort information and intimidate reporters.
Criminal Charges Amp Up Growing State Resistance to Kalshi
Prediction markets’ rapid growth has triggered a jurisdictional clash as state regulators and attorneys general escalate civil and criminal actions against platforms.
Polymarket Seeks Chief Risk Officer After Legal Hiring Spree
Prediction market platform Polymarket is beefing up risk and legal leadership to satisfy CFTC demands as it pushes deeper into regulated US business while rivals also professionalize.
SEC, CFTC Move to Define Which Digital Assets are Securities
US securities and derivatives regulators jointly issued long-awaited crypto asset guidance, narrowing what counts as a security and signaling they’ll move ahead without waiting for Congress.
