Bernstein projects prediction-market volume will hit $1 trillion by 2030, but that outcome rests on who wins the legal fight over whether these contracts are federally regulated financial instruments or…
Third Circuit rules CFTC preempts New Jersey — Kalshi’s sports contracts treated as swaps on a DCM The Third Circuit Court of Appeals ruled 2–1 that Kalshi’s sports-event contracts are…
Betfair is piloting an invite‑only product called Betfair Predicts that converts existing Exchange liquidity into prediction‑market style contracts for UK users. The core decision for prospective users is not whether…
The Commodity Futures Trading Commission escalated its fight over prediction markets in April 2026 by suing Illinois, Arizona and Connecticut to block state enforcement against platforms such as Kalshi and…
Texas Lt. Gov. Dan Patrick has directed the Senate State Affairs Committee to study “the sudden inundation of prediction market gambling” and how operators use federal derivatives law to bypass…
Congress is zeroing in on insider‑trading risks in prediction markets: the PREDICT Act and several companion bills would explicitly forbid federal elected officials, their families and senior appointees from trading…
bet365 has formally left the American Gaming Association, a move the operator framed as a response to the AGA’s retail-casino emphasis. The departure is best read as strategic distancing rather…
Kalshi has moved beyond a post-trade, corporate-insider model: the exchange now proactively blocks and freezes accounts for politically connected, sports-related, or otherwise event-linked insiders, using real-time surveillance and community reports…
The NCAA filed a lawsuit in the U.S. District Court for the Southern District of Indiana seeking an emergency restraining order to stop DraftKings from using trademarked phrases such as…
Many younger investors view crypto, sports betting, and prediction markets as faster routes to money, but the data and platform realities show those routes are high-risk and usually low-return. If…