58 posts

Regulatory

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.

Major League Baseball Steps Into the Prediction Markets, Strikes Deal With Polymarket

MLB is partnering with Polymarket and the CFTC to engage prediction markets while trying to guard against game manipulation.

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.

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.

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.

Iran Strikes Expose the Dark Edge Case of Prediction-Market Era

The weekend's real-world assassination of Khamenei has exposed the severe ethical and legal fault lines in an industry's quest to legitimize betting on geopolitical violence.

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