Regulatory
France Probes Weather Data Glitch After Surge in Polymarket Bets
Prediction markets are booming, raising concerns about manipulation of critical data like airport weather sensors used for betting settlements.
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.
Prediction markets: the hunt for the new ‘dumb money’
Prediction markets such as Polymarket and Kalshi are drawing a wave of Gen Z retail bettors, but data show most lose money while a tiny, sophisticated minority captures the gains.
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.
Federal Preemption or State Sovereignty? A Legal Analysis and Prospective Assessment of Kalshi v. Nevada
Kalshi and Nevada clash over jurisdiction—federal law vs. state gambling rules. It now comes down to how nine Supreme Court justices read the statute.
‘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.
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.
Nevada Wins Temporary Ban on Sports Betting on Kalshi
Nevada’s ban on Kalshi’s sports and election contracts underscores an escalating clash between state gambling regulators and federal derivatives authorities.
