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34 articles
Tidal and Subversive want to wrap sports event contracts from Kalshi and Polymarket in an ETF. Bloomberg analysts call it gambling in a fund wrapper.
A White House teleprompter operator is under CFTC investigation for allegedly making about $100,000 on Kalshi markets tied to the words in Trump's speeches. Here is what happened and why it matters for prediction markets.
Light and Wonder's Howard Glaser urged state lawmakers at NCLGS to go after the payment processors, affiliates and media partners behind prediction markets rather than wait for a Supreme Court ruling on Kalshi.
Google has added Michigan and New York to the states where prediction market ads are banned, taking the advertising blackout to four states as courts rule against Kalshi.
Rep. Josh Gottheimer's bipartisan Facial Recognition to Protect Children Act, backed by Kalshi, would require online sportsbooks and prediction markets to run facial age checks before every bet or trade.
The Big Short investor Michael Burry has taken long positions in DraftKings and Flutter, wagering that regulation will close the prediction market loophole and hand betting flow back to licensed sportsbooks.
The CFTC has ordered Kalshi to honor Michigan trades, directly overriding a state court and escalating the federal fight over prediction market sports contracts.
OpenAI has quietly begun showing live Kalshi prediction market odds inside ChatGPT search results for the 2026 World Cup, handing the record-breaking exchange its biggest distribution channel yet.
A Michigan judge has extended the temporary ban on Kalshi's sports event contracts and ordered the prediction market to geofence the state by August 12 or pay $500,000 a day.
A Ninth Circuit panel grilled Kalshi's attorneys on July 11, 2026 over why the company's sports-event contracts should not be treated as sports wagers under the Indian Gaming Regulatory Act, as California tribes seek to revive their injunction bid to block Kalshi from tribal lands in a case that could reshape prediction markets law nationwide.