Latest News
Prediction Market Rule Comments Put Sports Event Contract Debate Back Before CFTC
As comments close July 27 on the CFTC’s latest prediction market rule proposal, Kalshi-aligned users, sports-data firms, tribes, state lawmakers and consumer advocates are pressing competing views on how the agency should treat sports contracts
CFTC
Netflix Prediction Market Documentary Arrives One Week After World Cup Final
Netflix’s latest Instadocs documentary premieres Sunday, exploring the opportunities and risks behind the prediction market industry’s rapid growth
Regulation and Policy
ProphetX, Players’ Lounge Deal Tests CFTC Rules for Prediction Market Tech Providers
Players’ Lounge is embedding ProphetX sports contracts without registering as a derivatives intermediary, using a model Phantom and other firms want federal regulators to formally allow
Regulation and Policy
House Hearing Exposes Deep Divide Over Sports Prediction Markets
Witnesses clashed during a House hearing Tuesday over whether sports event contracts are derivatives or gambling, while lawmakers raised concerns about youth access, manipulation, conflicting court orders and the CFTC’s oversight capacity.
Weekly Volume Report
Kalshi World Cup Volume Exploded to $13.8 Billion, an All-Time Event Record
World Cup trading dwarfed volume tied to any previous event on Kalshi and helped propel the exchange to new daily, weekly and monthly records. DeFi Rate breaks down the market types, matches and individual contracts that drew the most volume
Political Reports
- Prediction Markets Heavily Favor James, Benson in Michigan Governor Primaries
- Kalshi Turns Election Markets Into New Midterm Forecasting Hub
- Trump Backs Graham Nordone as She Takes Predictions Markets Lead in South Carolina GOP Senate Scramble
- Prediction Markets Big On Biggs Heading Into Arizona Republican Governor Primary
- Prediction Markets Price Jackson as Clear Favorite in Maine as Democrats Keep Edge Over Collins
- Sen. Mitch McConnell’s Hospitalization Fuels Exit Speculation, but Prediction Markets Speculate He Stays
Promo News
Kalshi Promo Code RATE: $500 Trading Bonus for Skubal, Arraez, and Today’s MLB Slate
New users can enter the Kalshi promo code RATE at registration to claim a trading bonus worth up to $500 for the MLB trade deadline. The only requirement is $25 in event contract trades. Your positions can win or lose and the bonus still credits. The trade deadline is Monday, Aug. 3 at 6 p.m. […]
Promo News
Kalshi Promo Code RATE: Trade $25, Get Up to $500 for UFC Fight Night Abu Dhabi
The Kalshi promo code RATE gets new accounts a bonus of up to $500. You only need $25 in event contract trades to trigger it. Nothing else. This is a variable bonus offer available for July 25. The timing works for UFC Fight Night Abu Dhabi, which runs today from Etihad Arena. Early prelims open […]
Promo News
UFC Fight Night Ankalaev vs. Guskov Odds, Picks, and Predictions: Kalshi vs. Polymarket
UFC Fight Night descends on Abu Dhabi for an early Saturday card. It’s Magomed Ankalaev vs. Bogdan Guskov in the main event, with a clear favorite emerging at Kalshi and Polymarket.