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Rules & Mandates - Andy Burnham Is the Favourite. That Does Not Make Him Inevitable
Burnham may be Labour’s strongest replacement, but markets are pricing a coronation before he clears the institutional gates in the parliament.
Kalshi Grilled by Massachusetts High Court Over What Gambling Is
Massachusetts' top court scrutinizes Kalshi's claim that prediction markets are financial swaps, not gambling, in a case testing state vs. federal regulatory authority.
Polymarket Seeks CFTC Blessing to Bring Main Exchange Back to US
Polymarket is seeking CFTC approval to reopen its main exchange to US users, a move that could accelerate the industry's growth amid ongoing regulatory uncertainty.
Rules & Mandates - Brazil Blocks Polymarket, Kalshi Over ‘Illegal Betting’
Brazil blocks prediction markets like Polymarket, joining a global regulatory pushback against platforms accused of operating as unlicensed gambling.
Prediction Markets Ramp Up Washington Lobbying to Stop US Rules
Prediction markets are ramping up lobbying to fight congressional efforts to regulate them as gambling and curb insider trading risks.
Kalshi Wins Reprieve From Arizona Criminal Case at CFTC’s Urging
A federal judge temporarily halted Arizona’s criminal case against prediction market Kalshi after the CFTC argued state prosecutions unlawfully encroach on federal authority over derivatives markets.
The big state gamble on prediction markets
Prediction markets such as Kalshi are forcing a high-stakes showdown between state gambling laws and the CFTC’s claim of exclusive federal oversight over event-based derivatives.
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.
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.
CFTC Forms New Task Force for Crypto, AI, and Prediction Markets
The CFTC launched an Innovation Task Force covering crypto, AI, and prediction markets. Michael J. Passalacqua will lead the new unit under Chairman Michael S. Selig. The task force will work with the Innovation Advisory Committee and coordinate with agencies, including the SEC.
