Kentucky AG Sues Kalshi and Polymarket Over Illegal Sportsbook Claims
Kentucky Attorney General Russell Coleman sues Kalshi and Polymarket, alleging they operate illegal sportsbooks through prediction markets and false…
ProphetX Launches Federally Regulated Sports Prediction Markets Nationwide
ProphetX launches federally regulated sports prediction markets nationwide after securing dual CFTC approval as a DCM and DCO, offering a true…
Michigan Court Rejects Polymarket Bid for Preliminary Injunction
Michigan regulators win an early round as a federal judge denies Polymarket’s request for a preliminary injunction against state gambling enforcement.
Gaming Coalition Urges Senate to Regulate Sports Prediction Markets in Crypto Bill
A powerful coalition of U.S. gaming groups is urging the Senate to regulate sports prediction markets within upcoming cryptocurrency legislation before…
Timothée Chalamet Kalshi Ad Backlash Exposes Celebrity Risks in Prediction Markets
Timothée Chalamet’s Kalshi ad has triggered backlash that highlights how celebrity endorsements in prediction markets can quickly shift from visibility to…
Kalshi IPO at $22 Billion Valuation Signals First Prediction Markets Listing
Kalshi readies a potential IPO at a $22 billion valuation, marking the first prediction markets operator to reach public markets and opening new…
Kalshi Perpetuals Launch Redefines Regulated Prediction Markets
Kalshi launches the first regulated perpetual futures in the US, giving prediction markets continuous trading without expiry and new liquidity loops.
Polymarket Trader Turns $428K into $4.7M on Cape Verde Draw
A Polymarket trader turned a $428,000 bet into $4.7 million after Cape Verde held Spain to a 0-0 draw at the World Cup 2026.
Laila Mintas Seeks CFTC Approval for 365Prediction Event-Contract Exchange
Laila Mintas files for CFTC approval of 365Prediction as a federally regulated event-contract exchange, positioning prediction markets as exchange-traded…
Bitbank Polymarket Warning Puts Japanese Prediction Markets at Risk
Bitbank warns users that deposits tied to Polymarket and other prediction markets may trigger account suspension under Japan’s strict gambling rules.