CFTC Sues New Mexico in Ongoing Prediction Markets Legal Battle
The Commodity Futures Trading Commission (CFTC) sued the state of New Mexico on Friday, adding another layer to the complex legal situation surrounding prediction markets.
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The Commodity Futures Trading Commission (CFTC) sued the state of New Mexico on Friday, adding another layer to the complex legal situation surrounding prediction markets.
Slotegrator has released a new ebook examining the rapid growth of prediction markets, a betting format whose annual trading volume has surged from $500 million to $64 billion over the past three years.
The 2026 FIFA World Cup could become the biggest betting event in history, with global wagering projected to exceed $50 billion as sportsbooks and prediction markets prepare for a surge in activity.
According to a study by the Coalition for Prediction Markets (CPM), illegal offshore yes/no exchanges handled up to $34 billion in event contract trading volume from US users.
Prediction markets took center stage on the opening day of SBC Summit Americas 2026, as industry leaders, regulators, operators, and technology providers gathered at the Broward County Convention Center to discuss the issues shaping the future of gaming across North and Latin America.
With US regulators taking bold steps to shape the future of prediction markets, the Commodity Futures Trading Commission (CFTC) has unveiled a proposal to update the process by which certain event-based contracts are analyzed.
Michael Selig’s Commodity Futures Trading Commission (CFTC) officially published its proposed prediction markets rules on Wednesday after months of review and thousands of public comments.
Sportradar has officially revealed the major partnership it hinted at during its first quarter earnings call, announcing a new global agreement with prediction market operator Kalshi.
New Mexico has become the latest state to go after prediction markets, targeting Kalshi in a new lawsuit that alleges the platform hewed too closely to what sportsbooks offer.
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Social media influencers paid by Kalshi and Polymarket pushed hard on Spencer Pratt to win the Los Angeles mayoral election. Huge amounts of money have been traded on the TV personality, but it looks like he will lose out to Nithya Raman in the race for second place.
Rush Street Interactive (RSI) is making a measured move into one of the fastest-growing and most controversial corners of online wagering.