Utah Charges Kalshi and Executives With Unlawful Gambling
Utah has brought criminal charges against Kalshi and two of its leaders for the suspected promotion of unauthorized online gaming, deepening the ongoing legal dispute…
Prediction Markets
CFTC sues Utah as battle over prediction market regulation intensifies
The CFTC initiated legal action in the U.S. District Court for the District of Utah, Central Division, targeting the state along with its Attorney General,…
NBA Joins Professional Sports Leagues on CFTC Prediction Markets Bandwagon While NFL Balks
Oct 26, 2026, 11:59 a.m. EDT 2 min read The National Basketball Association is jumping into deals with prediction markets. (Steph Chambers/Getty Images) Summary The…
Robinhood Prediction Markets Eyed for $1.7B Revenue, Surpassing Crypto by 2028: Bernstein
Analysts at Bernstein anticipate that prediction markets will emerge as a key supplementary income generator for the trading platform Robinhood Markets (HOOD), potentially overtaking its…
Robinhood Reports Surge in Bitcoin and Gold Prediction Markets as Traders Move Beyond Sports
Updated Oct 23, 2026, 10:00 a.m. EDT. Published Oct 23, 2026, 9:58 a.m. EDT. 2 min read (Cheng Xin/Getty Images) Summary Bitcoin, gold and oil…
Donald Trump Jr’s Firm Spearheads $1 Billion Polymarket Round at $21 Billion Valuation
Donald Trump Jr’s venture capital enterprise, 1789 Capital, is heading a $1 billion financing round for Polymarket that values the forecasting platform at $21 billion,…
Kalshi CEO Warns State-Led Oversight Could Drive U.S. Prediction Markets Overseas
Oct 14, 2026, 12:34 p.m. EDT 3 min read Kalshi CEO Tarek Mansour suggested that if the U.S. courts don’t give prediction markets authority to…
Kalshi CEO Defends Prediction Markets Amid Insider Trading Scrutiny
While unease regarding insider trading on Washington prediction platforms grows following wagers made on State of the Union attendance by an ex-politician and upcoming military…
Everyone wants SCOTUS to take up prediction markets: State of Crypto
Oct 11, 2026, 2:30 p.m. EDT 4 min read U.S. Capitol Building (Jesse Hamilton/CoinDesk) Various entities submitted amicus briefs to the United States Supreme Court…
CFTC Initiatives Seek to Differentiate Prediction Markets from Traditional Gambling
The Commodity Futures Trading Commission (CFTC) has introduced a pair of proposals, designating event contracts as federal “swaps” in the first, while exempting standard casino…