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FanDuel filed for its own futures commission merchant license as it and DraftKings converge on owning distribution, accounts and exchange infrastructure.

The Ohio Casino Control Commission moved to fine Kalshi for unlicensed sports gaming, and Kalshi asked the Sixth Circuit for an injunction pending appeal.

The partial Homeland Security shutdown over immigration enforcement funding is now the longest ever, and Kalshi and Polymarket traders expect it to drag on.

Polymarket's expanded trading fees multiplied its daily revenue without slowing volume, and it plans a USD token, a rebuilt matching engine and a new order book.

A federal judge said he would grant the CFTC a temporary restraining order halting Arizona's criminal case against Kalshi, setting up a likely Ninth Circuit appeal.

Sporttrade CEO Alex Kane estimates what state-by-state licensing would cost an exchange and argues state gambling frameworks were not built for exchanges.

Polymarket US had its strongest month and week in March, then launched its first political and economic markets with a low fee cap and liquidity incentives.

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

FIFA’s prediction market partner’s platform remains in pre-launch mode as availability and regulatory questions persist, and World Cup markets take shape across CFTC-regulated platforms in the US.

A Third Circuit panel upheld Kalshi's injunction against New Jersey, ruling federal law gives the CFTC exclusive authority over event contracts that qualify as swaps.

In its first suits against states, the CFTC and Justice Department argue event contracts are federally regulated swaps and that the agency preempts state gambling laws.

The first countersuit seeking injunctive relief against Washington officials comes from one of Kalshi’s distribution partners in offering prediction markets.

Kalshi investor Paradigm is building a professional prediction markets trading terminal, one of several institutional moves including interest from JPMorgan.

Kalshi launched an ad blitz in D.C. in response to the wave of Congressional pressure, much of which has leaned on some critical misconceptions of regulated prediction markets like Kalshi.

The NFL sent letters to regulated prediction market platforms asking them to avoid markets easily manipulated, such as player injuries and announcer mentions.

Washington Attorney General Nick Brown sued in state court to declare Kalshi's prediction markets illegal, block residents' access and recover alleged losses.

Kalshi secured margin trading approval through affiliate Kinetic Markets and announced an ARK Invest research partnership in the same week, in a push for institutional traders.

The academic political prediction market modernized its interface after its legal battle, but remains outside the commercial model driving industry growth.

We compared pricing on six prediction market apps and two sportsbooks for NCAA tournament games and found house take varied widely between platforms.

Two former Kalshi employees founded 5c(c) Capital, a Venture Capital fund dedicated solely to capitalizing on prediction markets, which has reportedly already raised $35 million.