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The NFL has joined New Jersey’s request for a Supreme Court review of sports event contracts. Three federal appeals courts have taken different approaches to state gaming authority. The National Football League’s October 8 Supreme Court brief puts a familiar…
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Kalshi’s 15-minute gold markets logged 542 million September contracts and $5 million in estimated fees, overtaking comparable Ether markets.
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Two CFTC event-contract actions reached White House review on September 28. One would define swaps to include event contracts. The other, labeled an interim final rule, would exclude casino-style gambling products. Five days earlier, a federal appeals court held that…
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Kalshi plans to end its volume incentive program from Oct. 13 as disputed ETH perpetual trades face scrutiny and September volume hits a record.
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Kalshi is reportedly in talks to raise $1 billion at a $40 billion valuation as Sequoia, Wellington, Tiger Global and Dragoneer circle.
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The Sixth Circuit ruled against Kalshi in Ohio and Tennessee a month after another appeals court sided with Nevada. New Jersey still has a conflicting ruling. The question for a national market is now practical as well as legal: can…
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All 11 Democrats on the Senate Banking Committee have asked Chair Tim Scott to hold a public hearing on prediction markets after Republican members met privately with Kalshi’s chief executive. In a Sep. 23 letter, the Democratic members of the…
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Trueo plans to move its prediction market from Base to Ethereum, while Base markets remain live and TRUE migration stays open-ended for users.
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Kalshi faces disputed wash-trading claims after a trader questioned ETH perpetual volume, while CFTC filings detail its rebate safeguards.
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Sports gaming firm Underdog has sued Connecticut officials in federal court to stop the state from treating its sports event contracts as illegal gambling, extending its legal fight against state regulators to a sixth jurisdiction. According to Underdog’s lawsuit filed…
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Kalshi settles bets with a rulebook and a person applying it. Polymarket settles them with a token-holder vote. World settles them with a data feed, no panel, no dispute window, nobody to call. Three live models now, and each one fails differently.
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Riot Games has discussed potential esports sponsorship agreements with prediction market operators Kalshi and Polymarket as the League of Legends World Championship approaches in October. Bloomberg reported on Sept. 11, citing people familiar with the private talks, that the Tencent-owned…
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Kalshi plans to seek U.S. approval for 60 stock and ETF perpetual futures as regulators dispute how equity-linked perps should be governed.
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ESMA says tokenized equities, DeFi exploits and prediction markets are creating new links between crypto and traditional finance.
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Prediction markets can help businesses and Bitcoin holders hedge rare risks when traditional insurers offer no suitable coverage.
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World has opened its standalone Solana prediction market platform to more than 1 million waitlisted users after creating over 150,000 markets through its Phantom integration. World gives waitlisted users direct market access World said in a Sept. 9 announcement that…
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