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55 articles
Underdog has gone fully in-house with a CFTC-regulated prediction market exchange, becoming the first sports company to hold the complete DCM, DCO and FCM license stack. Here is what changed and why it matters.
Trump Media will sell Wall Street millisecond access to market-moving Truth Social posts from August 1, 2026, reviving fairness questions for prediction markets like Kalshi and Polymarket.
A White House teleprompter operator allegedly made nearly $100,000 betting on the words Donald Trump would say, using Kalshi mention markets. Here is what happened and why the CFTC probe is a defining test for prediction markets.
The CFTC is now suing states to defend Kalshi, while judges in Michigan, New York and Washington rule the other way. Here is the full state-by-state map of the 2026 prediction market legal war.
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.
Arizona regulators issued cease and desist orders to five unlicensed operators on July 10, 2026, including ClubWPT, BetOpenly, Bookmaker, Kutt and Raffle Creator, extending a crackdown on sweepstakes, poker and prediction-style sites.
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.
A US congressman is demanding Polymarket hand over records on paid influencers who pushed election-denial claims while its election markets were live. Here is what the probe covers and why it matters.