Industry

John Oliver Critiques Prediction Markets

Industry

What John Oliver Got Wrong, Right About Prediction Markets on Last Week Tonight

John Oliver dedicated 32 minutes of his HBO show Last Week Tonight to prediction markets on Sunday night. The comedy news show with millions of viewers marked another mainstream cultural...

Valerie Cross

April 20, 2026

Industry

Ninth Circuit Debates Gaming vs Swaps Divide in Nevada vs. Kalshi Hearing

The US District Court for the Ninth Circuit didn’t let either side off easy in Thursday’s hearing for oral arguments in Nevada’s cases against Kalshi, Robinhood, and...

Valerie Cross

April 16, 2026

FanDuel’s new FCM filing could allow FanDuel Predicts to expand beyond its current CME-based structure and connect to additional exchanges

Industry

FanDuel Files New FCM, Racing DraftKings for Full Prediction Markets Stack

When DraftKings and FanDuel entered the prediction markets space, they made fundamentally different bets on how to build the business. Now both companies have futures commission merchant...

Mike Breen

April 15, 2026

Industry

Ohio Regulators Move to Fine Kalshi $5 Million, Prompting Motion for Injunction

The Ohio Casino Control Commission (OCCC) is escalating enforcement action against Kalshi, announcing intentions to impose a $5 million fine for what it characterizes as “conducting...

Derek Helling

April 15, 2026

Industry

DHS Shutdown Becomes Longest Ever as Traders Price Prolonged Stalemate

The ongoing partial shutdown of the Department of Homeland Security has become the longest in U.S. history, and prediction markets are treating it as a core macro story rather than a niche...

Pat Evans

April 14, 2026

Polymarket’s expanded fee model is driving a surge in revenue, as trading activity across prediction markets is being increasingly monetized through taker fees

Industry

Polymarket Fee Rollout Drives 10X Revenue Jump; USD Token and Platform Overhaul Ahead

Polymarket is rapidly increasing how much revenue it captures from its international prediction market platform, as it expands trading fees across more markets types. Data from Dune...

Mike Breen

April 14, 2026

Industry

CFTC Win Pauses Arizona Case Against Kalshi, Sets Stage for Ninth Circuit Appeal

US district judge Michael Liburdi indicated on Friday that he would grant the Commodity Futures Trading Commission’s request for a temporary restraining order (TRO) preventing Arizona...

Derek Helling

April 13, 2026

Why state regulation doesn't work for exchanges

Industry

Why State Regulation Breaks the Prediction Market Exchange Model

The courts are split on one of the most consequential questions in prediction markets: whether states have the right to regulate exchanges like Kalshi that offer sports event contracts...

Valerie Cross

April 9, 2026

Industry

Polymarket US Posts $256M March, Launches Politics and Is Built to Scale

Four months after its debut, Polymarket US is done easing in. Built on a CFTC-regulated exchange and clearinghouse, a fee structure that undercuts every major competitor, and a liquidity...

Valerie Cross

April 8, 2026

Kalshi forecasts will appear in branded graphics across Fox News Media platforms as part of a sponsored integration, though the data will not be used in political or election coverage

Industry

Fox to Integrate Kalshi Forecasts Across Platforms, Excluding Politics

Kalshi data will appear in branded graphics across Fox News Media platforms as part of a sponsored integration, following similar deals with CNN and...

Mike Breen

April 7, 2026

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