Polymarket is facing a new lawsuit over allegations of deceptive marketing practices.
Polymarket is being sued by the National Association of Consumer Advocates (NACA) for allegedly engaging in deceptive marketing practices. The lawsuit, filed in the Superior Court of the District of Columbia, accuses Polymarket of targeting college students through misleading marketing strategies. The Wall Street Journal report detailed the claims of illicit activity against the prediction market platform.
Global prediction market platform ADI Predictstreet and sportsbook technology provider FIRST.bet have partnered to expand regulated prediction markets across Latin America.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
