Polymarket Challenges Minnesota Prediction Market Ban
Polymarket is the latest organization to challenge Minnesota’s ban on prediction markets in federal court.
Prediction Markets
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Unite Here urges Congress to ban prediction market sports contracts
Labor union Unite Here called on Congress to ban prediction markets from offering sports betting and casino-style event contracts, arguing that such products threaten jobs in the regulated gaming industry and undermine Tribal sovereignty and state gambling laws.
Polymarket Compiles Copycat Dossier on Kalshi Amid Lawsuit Saga
The rivalry between Polymarket and Kalshi is intensifying, with Polymarket compiling a copycat dossier alleging idea theft by Kalshi. Both companies have filed lawsuits, with Polymarket suing Minnesota following Kalshi’s lead.
Kalshi Launches Bitcoin Perps, Crypto Exchanges and Prediction Markets
The prediction market provider Kalshi’s new Bitcoin perpetual futures contract is a sign that gaming and online casino users are becoming more comfortable with digital assets, say experts.
DOJ Investigating George Santos for Suspicious Kalshi Trades
Insider trading concerns involving prediction markets continue to stir as former Congressman George Santos is reportedly under investigation for suspicious trades.
Trading Activity on Kalshi Linked to Former NY Rep. George Santos
Prediction markets are facing renewed attention after trading activity linked to former Republican congressman George Santos was referred to federal authorities over bets tied to President Donald Trump’s State of the Union address.
Polymarket completes first institutional block trade in prediction
Institutional participation in prediction markets took another step forward after Polymarket completed its first block trade, a six-figure transaction between digital asset brokerage FalconX and Anera Labs, a trading technology startup building a clearinghouse for AI risk.
Nevada Wins Legal Battle Against Prediction Markets
Nevada’s gaming regulators secure a win with a preliminary injunction against Polymarket.
Congresswoman urges investigation of CFTC prediction market moves
Rep. Dina Titus wants U.S. Inspector General Christopher Skinner to put the Commodity Futures Trading Commission (CFTC) under the microscope regarding its regulatory position on prediction markets.
Kalshi Files Lawsuit Against Minnesota
Kalshi has filed a lawsuit against the State of Minnesota over a new law that would ban prediction markets from August 1, 2026.
Nevada and Louisiana Regulators Push for Action on Prediction Markets
The chair of the Nevada Gaming Control Board, joined by his counterpart from Louisiana, has urged the gaming industry to take a stronger stand against the rapid rise of sports event prediction markets, warning that they are bypassing established state regulatory systems.
North Carolina bans state employees from using insider information on
North Carolina Gov. Josh Stein signed an executive order Wednesday banning state employees from using insider information to bet on prediction market platforms like Kalshi and Polymarket.