CFTC Sues States Over Prediction Market Regulation
CFTC and DOJ sue Arizona, Connecticut, and Illinois, declaring state gambling laws unconstitutional for prediction markets.
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Prediction Markets
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Third Circuit Rules States Can’t Block Kalshi in First-Ever Prediction Market Appeals Decision
Third Circuit rules 2-1 that states cannot block CFTC-regulated prediction markets, setting up a Supreme Court showdown.
LaLiga Partners with Polymarket, Becoming First European League to Enter Prediction Markets
LaLiga becomes the first European soccer league to partner with Polymarket, days before a Senate bill threatens to…
Kalshi Beat Online Sportsbooks in March Madness Pricing, Says Citizens Capital Markets
Citizens analyst data shows Kalshi's 4.12% vig undercut every major sportsbook during March Madness 2026.
Four Wallets Made $663K Betting on Iran Ceasefire Before Trump’s Announcement — Polymarket’s Third Insider Trading Scandal of 2026
Four suspected insider wallets made $663K betting on the US-Iran ceasefire on Polymarket.
ICE Didn’t Buy a Betting Platform. It Bought a Data Feed — and Poured $2 Billion to Prove It.
ICE invested $2B in Polymarket for its data feed, not the betting platform. How prediction markets became Wall…
Prohibition States and Legal Markets Unite: Why Idaho Joining a 39-State Coalition Against Kalshi Matters
39 states united -- from prohibition Idaho to gambling capital Nevada -- filing amicus brief against Kalshi's federal…
While the US Fights Over Prediction Markets, Malta Is Quietly Writing the Rulebook
Malta signals intent to regulate prediction markets, leveraging its MGA framework to become the first EU state offering…
NCAA Sues DraftKings, Targets Prediction Markets During March Madness
The NCAA filed its first-ever lawsuit against a sportsbook while lobbying the CFTC to suspend prediction markets.
The Fortress Strikes: Nevada Shuts Kalshi Out During March Madness
Nevada's TRO blocks Kalshi from sports, election, and entertainment contracts, completing a purge of all prediction markets from…
$700 Million vs. $20 Billion: The Polymarket That MLB Partnered With Isn’t the One You’re Trading On
MLB's $300M Polymarket deal covers just 3.4% of the platform's volume. The other 96.6% operates offshore without integrity…
60% Suspect Insider Trading. 61% Call It Gambling. The Fed Says Prediction Markets Are Valuable.
The Fed says valuable. The public says gambling. Users say insider trading. All three are right — about…