State Attorneys General Expect Supreme Court to Rule on Sports Prediction Markets by 2027
State attorneys general say a looming federal circuit split could send the fight over sports prediction markets to the Supreme Court as soon as 2027.
PredictionMarkets
ERShares’ XOVR ETF Invests $30 Million in Prediction Market Operator Kalshi
ERShares’ XOVR ETF has taken a $30 million stake in Kalshi, becoming the second exchange-traded fund to publicly disclose ownership in the fast-rising prediction market operator.
CFTC Overrules Michigan Court, Orders Kalshi to Keep Sports Trades Intact
The CFTC blocked a Michigan court order demanding Kalshi cancel executed sports trades, escalating a federal-state showdown over prediction market authority.
Polymarket World Cup Odds: Spain at 58% After Semifinal Win, England-Argentina a Virtual Coin Flip
Prediction markets have Spain as a heavy favorite to win the World Cup after beating France, while England and Argentina are nearly even ahead of today’s semifinal.
CFTC Orders Kalshi to Honor Michigan Prediction Market Trades, Escalating Fight With States
The CFTC has directed Kalshi to honor Michigan customer trades, a move that sharpens the federal-versus-state battle over sports-related prediction markets.
Gibraltar Enacts Landmark Regulatory Framework for Prediction Markets, Setting Global Precedent
Gibraltar has become one of the first jurisdictions to establish formal licensing rules for prediction markets, offering operators regulatory clarity absent in much of the U.S.
Michigan Extends Kalshi Sports Contract Ban, Geofencing Enforcement to Begin August 12
Michigan has extended its ban on Kalshi’s sports-related prediction contracts and set an August 12 date to begin geofencing enforcement against the exchange.
Prediction Market Data Breakdown: Cleveland Guardians World Series Odds, Aaron Judge’s Historic Pace, and a High-Volume WNBA Coin Flip
A data-driven look at how prediction markets are pricing the Cleveland Guardians’ playoff push, Aaron Judge’s elite first half, and the highest-volume WNBA matchup on the board.
NBA Rookie of the Year Prediction Market Odds: Cameron Boozer’s Efficiency Numbers Justify the Favorite Tag Over Draft Slot
Prediction market pricing and Summer League box scores agree: Cameron Boozer is the Rookie of the Year favorite, but a handful of later picks are producing at rates that outpace their long-shot odds.
Prediction Market Money Says Max Holloway Handles Conor McGregor at UFC 329
Volume and pricing data across Polymarket show a lopsided consensus on UFC 329, a decided MLB home run race, and a genuine three-team AL Central fight.
Prediction Markets Sound Off: James Harden Stays Put in Cleveland While McGregor-Holloway Odds Tighten Ahead of UFC 329
Polymarket and sportsbook data show two very different stories: near-lock odds on Harden staying in Cleveland, and a genuinely tightening line in the McGregor-Holloway rematch at UFC 329.
Failed CFTC Chair Nominee Brian Quintenz Joins Coalition for Prediction Markets as Senior Advisor
Brian Quintenz, whose nomination to lead the CFTC was pulled by President Trump last year, has become a senior advisor to the prediction market industry’s lobbying group.