A federal judge in Wisconsin ruled the Ho-Chunk Nation’s IGRA claims against Kalshi can proceed — and signaled the tribe has a likelihood of success. Here is what that means for the prediction market industry.
An anonymous campaign staffer told NPR they and fellow staffers routinely bet on prediction markets using internal poll data before it went public. Here is what it means for market integrity and CFTC oversight.
U.S. District Judge Michael Liburdi issued a permanent injunction on May 5 blocking Arizona AG Kris Mayes from pursuing criminal charges against Kalshi, ruling that federal law preempts state gambling statutes as applied to CFTC-regulated exchanges.
The SEC delayed approval of more than two dozen prediction market ETFs from Roundhill, Bitwise, and GraniteShares, demanding more detail on mechanics and disclosures before the products can go live.
At Berkshire Hathaway’s annual meeting, Warren Buffett went on record dismissing prediction markets as gambling dressed up in financial language — and pointed to a real insider trading case to back it up.
Tribal gaming leaders are warning that prediction market-backed Super PACs have hundreds of millions ready for the 2026 midterms, dwarfing the IGA’s million defense fund.
A live data snapshot of Polymarket sports markets on May 4, 2026 — NBA playoff probabilities, NBA Finals futures liquidity, MLB moneylines, and what the crowd-implied odds mean compared to traditional sportsbooks.
BetMGM missed Q1 2026 analyst estimates by 14%, cut full-year revenue guidance, and became the first major US sportsbook operator to formally name prediction markets as a financial headwind — with Kalshi estimated to have outpaced BetMGM sports revenue in…
A Houston-based CFTC-regulated introducing broker structured an OTC block trade between a hedge fund and Jump Trading on a carbon credit event contract — marking the moment institutional money formally arrived in prediction markets.
A Raynham man who lost tens of thousands of dollars on Kalshi says the platform had no self-exclusion option, and he wants his money back — along with anyone else who was in the same situation.
Ohio Senate Bill 430 would require Kalshi, Robinhood, and Polymarket to obtain OCCC licenses and pay the state’s 20% sports betting tax. Here is what it means for operators and the regulatory landscape.
Iowa SF 2470 has cleared a House subcommittee with a 45-1 Senate mandate behind it. Here is why the regulate-and-tax approach to prediction markets is gaining traction and what it means for operators.
