DeFi Rate authorMike Breen

Five bills introduced in Congress this year target prediction market insider trading, sports contracts and death bets. We break down each one and where it stands.

A NEXT.io report says prediction market volume grew several times over from 2024 to 2025 and projects further growth from a broader category mix and institutional trading.

Polymarket confirms partnership aimed at detecting suspicious trading activity as it continues to roll out its regulated U.S. prediction market app.

Deal gives the fantasy sports operator control of a CFTC-regulated exchange to bring prediction markets in-house after offering Crypto.com markets as an FCM.

U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S.

What’s in Kalshi’s rulebook update filing, plus a look at how other prediction exchanges handled Iranian Supreme Leader markets following Khamenei’s death.

Mick Mulvaney's new group, Gambling Is Not Investing, argues sports contracts bypass state gambling frameworks as the CFTC defends its federal authority.

Investor Day showcases DraftKings’ plan to scale Predictions by leveraging built-in advantages in sports markets and taking control of its full exchange stack, including market making division.

Flutter executives said event contracts could speed legalization of online sportsbooks and casinos, with prediction market investment trending to the top of guidance.

Amid push for market integrity transparency, Kalshi sanctioned former California gubernatorial candidate and trader linked to MrBeast markets in insider trading enforcement disclosure.

DimeTrades applied for CFTC designation as a regulated prediction market exchange with Polymarket’s clearing, backed by a team with deep experience in derivatives regulation and market surveillance.

Policy intelligence firm FiscalNote laid out political prediction market plans in an SEC filing, naming Dr. Laila Mintas as a strategic adviser.

Fed economists find Kalshi’s macro markets to be helpful complementary real-time forecasting tools, as CEPR research highlights pricing bias concerns that require careful interpretation.

A Pantera-led round values Novig as it pivots from a sweepstakes sports betting exchange to federally regulated prediction markets.

CFTC Chairman Michael Selig defended prediction markets in a Wall Street Journal op-ed as the agency moved to intervene in state regulatory fights.

NBA Commissioner Adam Silver told reporters during All-Star Weekend the league is “paying enormous amount of attention” to prediction markets following Giannis Antetokounmpo’s investment in Kalshi.

DraftKings' CEO confirmed plans to invest heavily in prediction markets, Railbird and a market making arm, as shares fell on guidance concerns after its fourth-quarter call.

Pluto (formerly Strike) has filed for DCM and DCO approval with the CFTC under the name PMEX Markets. The goal? “Commoditizing AI infrastructure, starting with GPUs/Compute.”

Rep. Dina Titus announced a bill to prohibit sports event contracts as Nevada fights Kalshi and others, part of a Democrat-led push to restrict the industry.

Liquidity partnerships and margin trading push signal prediction markets’ shift toward mainstream financial market structures.