Economics
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.
Arizona Files Illegal-Gambling Charges Against Predictions Platform Kalshi
Arizona’s criminal case against Kalshi underscores an escalating jurisdictional clash between states and federal regulators.
Colombia’s Real Threat Is Not Political
Colombia’s unexpectedly competitive three-way presidential race heightens investor anxiety, as a fragmented Congress and wary electorate imperil the deep fiscal tightening needed to avoid a confidence crisis.
Polymarket Five-Minute Bets Capture ‘Addictive’ Crypto Craze
Ultra-short-term crypto prediction markets are booming as five-minute bets surge in volume, concentrating profits among algorithmic traders and raising new speed and fairness concerns.
CFTC Offers First Guidance on Manipulation in Prediction Markets
CFTC moved slightly to tighten oversight of booming prediction markets, urging pre-launch consultation on risky contracts and launching rulemaking to assert its authority over sports and geopolitical bets.
Women Wanted: Kalshi Pushes to Expand Far Beyond Sport Bets
Prediction market platform Kalshi is pushing beyond male-dominated sports betting to court women with pop culture and politics wagers, aiming to broaden growth and reduce legal vulnerability.
The Wildest Frat Party on Campus? Prediction Markets
Prediction markets Kalshi and Polymarket are aggressively courting college students as users and influencers, fueling insider-trading concerns, undisclosed ads and growing alarm over youth gambling risks.
Prediction Markets Picked Texas Democratic Primary Winner But Missed on GOP Race
Texas’s Senate primaries underscore how liquid prediction markets can sometimes outpace traditional polls in gauging election outcomes, yet still misfire in complex, high-profile races.
DraftKings Is Using Its Sports-Betting Playbook to Win Prediction Markets Race
DraftKings is leveraging its dominant sports-betting infrastructure to push regulated prediction markets nationwide, targeting untaxed, higher-margin revenue and challenging early leader Kalshi despite investor impatience.
Prediction Market Boom Finds a New Challenger With Asia Roots
Asia-focused prediction market Opinion, backed by Binance-linked capital and turbocharged by token-style rewards, has seen its explosive early trading volumes fade as incentive-driven activity wanes.
