A King County judge ordered Kalshi to geofence Washington users out of sports, election, and other event markets by September 2, rejecting the company’s federal preemption defense.
Kalshi’s flight-cancellation market survives a legal challenge from FlightAware after adding disclaimer language, but the JFK contract remains open to retail traders despite Kalshi’s claims otherwise.
Polymarket, DraftKings, and sportsbooks are all converging on Islam Makhachev as a heavy favorite over Ian Garry at UFC 330 — here’s what the analytics behind the pricing actually show.
DraftKings has filed a CFTC self-certification to offer parlay-style combo contracts directly on its in-house exchange DKeX, cutting Crypto.com out of the trade flow.
Circa Sports founder Derek Stevens says Kalshi and Polymarket are “pirates” dodging taxes and fees that regulated sportsbooks must pay, while also confirming Circa’s Arizona expansion.
A U.S. district court judge ruled Utah can enforce its gambling laws against Kalshi, making it the eighth state with legal authority to ban or restrict the prediction markets platform.
The CFTC invoked emergency authority to keep Kalshi operating in New York, escalating a jurisdictional battle with the state over whether prediction markets are federally regulated derivatives or illegal gambling.
Polymarket pricing reveals a run-scoring mismatch in Cubs-Nationals and a massive futures gap between the Raptors and Suns for the 2027 NBA Finals.
Nine Democratic senators are pressing the CFTC to rein in prediction market contracts on wildfires, warning the bets could incentivize arson as Kalshi and Polymarket take opposite approaches.
DATA.BET reports a sharp Q1 rise in esports GGR and turnover while rolling out a standalone prediction markets product, as the sportsbook supplier expands into Africa and Asia.
A federal judge ruled Kalshi’s sports event contracts don’t qualify as swaps under the CEA, clearing the way for Connecticut to enforce its gambling laws against the prediction market operator.
Prediction markets are pricing five sports outcomes with striking precision this week — here’s what the underlying stats say about each line, from MLB series openers to the UFC 330 title fight.
