CFTC Sues Kentucky in Legal Battle Against States
The US markets regulator, the Commodity Futures Trading Commission (CFTC), has served a ninth state with legal papers as it looks to stop Kentucky’s efforts to regulate prediction markets.
Prediction Markets
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Kalshi sues Illinois over prediction markets law
Kalshi is suing Illinois to block the state’s plan to require prediction markets operators to get licenses and pay taxes, set to start next week.
Maryland Residents Warned Against Election Prediction Market Trades
Maryland residents must stay away from prediction market trades on the outcome of elections or risk prosecution for illegal wagering, the state’s top elections official warned.
World Cup Prediction Market Promos for Turkey vs. USA
Team USA closes out their Group Stage play tonight against Turkey at 10 p.m. ET on FOX from SoFi Stadium in Inglewood, California.
CFTC Sues Kentucky to Halt State's Prediction Markets Crackdown
The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Kentucky on Tuesday in a bid to block the Republican state from trying to tax and restrict prediction markets via a new state law.
US Public Health Concerns Raised over Prediction Markets
Prediction markets, and especially sports event contracts, are often seen as not gambling, despite concerns raised by the National Council on Problem Gambling (NCPG) revealing that 45% of Americans equate prediction markets to a form of gambling.
Meta Explores New Prediction Market App
Meta Platforms is reportedly exploring a new prediction market application as chief executive officer Mark Zuckerberg is pushing a small internal team to develop a product that would compete with well-established players like Kalshi and Polymarket.
Gaming Leaders Discuss Future of Industry at SBC Summit Americas
Industry leaders from Fanatics Betting & Gaming, Soft2Bet, Optimove and the International Association of Gaming Regulators (IAGR) gathered at SBC Summit Americas on June 10 to discuss the future of the gaming industry, touching on everything from regulation and customer retention to prediction marke
Record $5B in Prediction Markets During 2026 World Cup
Prediction markets hit a record $5 billion during the 2026 World Cup, with trading on Polymarket and Kalshi drawing high-value wagers in real time.
Prediction Markets Set New Records in Trading Volume
Prediction market open interest climbed to a record $1.48 billion in the week ended June 15, marking a second consecutive weekly high and underscoring rapid growth in the sector as sports-related contracts fueled trading activity.
Gaming Leaders Emphasize Longevity of Prediction Markets
Prediction markets may still be tangled in lawsuits, regulatory uncertainty and political debate across the United States, but for the executives building the space, one thing already feels settled: the category is not going away.
Minnesota Accuses Trump in Court Filing Against Prediction Markets
Minnesota state authorities have accused President Donald Trump of actively trying to regulate prediction markets for personal gain in a new court filing as part of their legal battle with the industry.