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#CFTC

22 articles

Kalshi Nevada geofencing deadline $120,000 daily penalty prediction markets 2026

Kalshi Agrees to Geofence Nevada by August 12 or Pay $120,000 a Day After Violating Court Order

The Nevada Gaming Control Board reached an enforcement agreement requiring Kalshi to implement third-party geofencing by August 12, 2026, after its internal IP-blocking system failed to prevent state residents from trading on its prediction market platform in violation of an existing court injunction. A $120,000-per-day penalty applies if the deadline is missed.

iGaming Daily Newsroom·July 28, 2026·7 min read

Sixth Circuit courthouse where prediction market oral arguments will be heard July 30 2026 as 44 states and tribal nations challenge CFTC authority

Regulation

Sixth Circuit to Hear Prediction Market Arguments July 30 as 44-State Coalition and Tribal Nations Demand CFTC Stand Down

The Sixth Circuit holds oral arguments July 30 as a 44-state coalition, tribal nations, and former CFTC Chair Gary Gensler demand the agency stand down from its claim of exclusive jurisdiction over sports prediction markets. Lawyers warn operators that compliance risk extends well beyond the courtroom.

iGaming Daily Newsroom·July 28, 2026·7 min read

365Prediction CFTC licence bid Laila Mintas prediction market 2027 launch

Sports Betting

365Prediction Eyes 2027 US Launch as Sports Event Contract Race Draws Compliance Warnings

Dr. Laila Mintas is building a vertically integrated prediction market exchange called 365Prediction, seeking CFTC approval as both operator and clearinghouse. Meanwhile legal experts are warning operators that market manipulation, insider trading and influencer compliance risks are piling up alongside the main CFTC-versus-states court fight.

iGaming Daily Newsroom·July 28, 2026·8 min read

Regulation

NFL Tells CFTC Sports Prediction Market Rules Fall Short

The NFL has formally told the CFTC its draft prediction market rules fail to protect game integrity or consumers, as legal experts warn operators to engage rulemaking rather than fight it, and a new entrant prepares to join a market forecast to reach $1.5 trillion by 2030.

iGaming Daily Newsroom·July 28, 2026·8 min read

Regulation

BreakingPrediction Markets Win Minnesota Court Fight as NFL Challenges CFTC and New Entrants Eye $1 Trillion Race

A Minnesota federal judge blocked the state's prediction market ban days before it was set to take effect, while the NFL challenged CFTC rules and 365Prediction moved toward an early 2027 launch, all on the same day.

iGaming Daily Newsroom·July 28, 2026·9 min read

CFTC advisory prediction markets Kalshi Polymarket self-certification July 2026

Regulation

CFTC Issues Second Warning to Kalshi and Polymarket Over Blanket Self-Certifications

The CFTC on July 24, 2026 issued its second advisory warning Kalshi, Polymarket, Cboe and Crypto.com's events affiliate to stop submitting template-style blanket certifications and instead file individual terms and compliance analysis for each contract variation.

iGaming Daily Newsroom·July 28, 2026·7 min read

Polymarket Fakecharts influencer fake bet scandal CFTC investigation 2026

Regulation

Polymarket Built a Fake Betting Platform Called Fakecharts to Train Influencers on Staging Wins, Internal Videos Show

Internal Discord training videos obtained by Semafor reveal how Polymarket built a dedicated fake platform called Fakecharts, paying influencers to stage $1.9 million in fictitious bets that racked up 140 million views before senators demanded a CFTC investigation.

iGaming Daily Newsroom·July 27, 2026·6 min read

Regulation

Are Prediction Markets Gambling? US Lotteries Demand Regulation as CFTC Formalizes Sports Contracts

The North American Association of State and Provincial Lotteries has declared prediction markets to be gambling, calling for urgent regulatory oversight at the same time the CFTC is moving to formally permit sports event contracts on platforms including Kalshi and Polymarket.

iGaming Daily Newsroom·July 27, 2026·8 min read

Prediction Markets Are Gambling Act US Congress bipartisan sports betting ban 2026

Regulation

Prediction Markets Are Gambling Act Introduced in US House

House Representatives Steven Horsford and Mark Amodei introduced the Prediction Markets Are Gambling Act on July 24, 2026, joining a Senate companion bill to ban sports and casino-style prediction contracts from federally regulated exchanges.

iGaming Daily Newsroom·July 26, 2026·7 min read

Kalshi prediction market hits $2 billion daily trading volume during 2026 World Cup

Sports Betting

Kalshi Hits $2 Billion Daily Volume as Prediction Markets Reshape US Sports Betting

Prediction markets captured 27% of US legal sports-betting volume during the 2026 World Cup, with Kalshi topping $2 billion in daily trading and recording more app users than DraftKings or FanDuel, as Macquarie forecasts $1.5 trillion in sector volume by 2030.

iGaming Daily Newsroom·July 26, 2026·9 min read

Branded graphic on Kalshi and the Facial Recognition to Protect Children Act

Regulation

Kalshi Facial Recognition Bill: Child Safety or Gaming Carve Out

Congressman Josh Gottheimer's facial recognition age verification bill has Kalshi's support, but critics say it contains language that could widen the CFTC's approval of gaming style contracts.

iGaming Daily Newsroom·July 26, 2026·6 min read

Regulation

Washington Judge Blocks Kalshi Prediction Markets

A King County judge has granted Washington a preliminary injunction against Kalshi, ruling the prediction market operator likely ran an illegal gambling operation and rejecting its federal preemption defense.

iGaming Daily Newsroom·July 22, 2026·7 min read

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