Prediction Markets News

Prediction markets on Kalshi and Polymarket are offering odds for the upcoming college football showdown between Oklahoma and Michigan.

Minnesota became the first state to ban prediction markets like Kalshi and Polymarket, and a federal agency's lawsuit may now establish a precedent for their re

New Jersey has asked the Supreme Court to determine if states can regulate sports betting on prediction markets like Kalshi, arguing these companies evade state

Donald Trump Jr.'s venture fund plans to invest $300 million in Polymarket's latest funding round. Trump Jr. also serves as a strategic advisor for both Polymar

Young Kalshi users, some as young as 18, have traded an estimated $3.9 billion on sports-related contracts this year, exploiting a loophole that allows them to

Pete Hegseth has denied reports that he is running for president in 2028, calling them '100% false,' while Vice President JD Vance is currently considered the f

A federal appeals court ruled against Kalshi, stating that its sports bets are gambling and subject to state laws, not "swaps." This decision allows Nevada to r

A legal battle over prediction markets like Kalshi and Polymarket has escalated, involving the Trump administration, the president's son, and numerous state att

A prediction market executive suggests that the legal dispute over gambling regulations could reach the Supreme Court by June next year, as federal and state re

Election officials are concerned that prediction markets are disrupting the political process by confusing voters and potentially threatening poll workers.

Prediction markets like Polymarket and Kalshi faced scrutiny after incorrectly forecasting the Wisconsin Democratic primary, where Francesca Hong, given a 95% c

Crypto exchanges are expanding beyond digital asset trading into diverse financial products like stocks, ETFs, payments, and prediction markets, aiming to becom

Kalshi has announced a partnership with Nasdaq Market Surveillance to enhance oversight of its prediction markets trading platform.

New York City lawmakers are investigating four major prediction markets over allegations of deceptive marketing practices, particularly targeting young adults.

The NYC Council is investigating Polymarket and Kalshi over concerns about their marketing tactics, which it describes as "predatory" and "potentially false, de

As Americans increasingly bet on elections, officials in Los Angeles are considering measures to protect voters. L.A. County may become one of the first major e

Several US senators have urged the Commodity Futures Trading Commission (CFTC) to address prediction markets that allow betting on wildfires, citing concerns th

New York has filed a lawsuit alleging that Kalshi, a company headquartered in the state, is operating an "illegal gambling operation," following previous lawsui

New York State has filed a lawsuit against Kalshi, a prediction market platform, as part of a broader effort by states to regulate the industry. Critics have la

New York is suing Kalshi, alleging its prediction markets constitute illegal gambling, as other states also dispute regulatory authority over such platforms.

New York is suing Kalshi, alleging it enables illegal gambling, as more U.S. states crack down on prediction markets despite pushback from federal regulators.

Coinbase and Robinhood are in a heated battle ahead of their Q2 earnings reports, with Robinhood gaining momentum in new sectors like prediction markets and tok

Prediction markets like Polymarket are gaining interest in the UK, driven by events such as the World Cup and the Clacton byelection, allowing UK gamblers to by

A mistakenly published and deleted YouTube video by the Miami Heat, titled "LeBron James Introductory Press Conference," caused a significant surge in predictio