prediction markets
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Business

Senators Set June 15 Deadline for CFTC Oil Probe Briefing
The letter enumerates three episodes — a $580 million trade burst 15 minutes before a March 23 post, a $950…
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Crypto

Kalshi Faces $60M Clawback as States Target Prediction Markets
Utah officials are seeking to force Kalshi and two Susquehanna trading companies to surrender between $30 million and $60 million…
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Business

Prediction Markets: Small Business Hedge Beyond Sports Betting
A Los Angeles restaurant group with 25 bars near Dodger Stadium spent $60,000 on Kalshi to hedge against the Dodgers…
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Business

Gen Z Investors Are Funneling Savings Into Sports Betting
More than half of Gen Z investors have moved money originally earmarked for long-term investing into sports betting over the…
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Business

Prediction Markets Fuel Harassment of WNBA and NCAA Athletes
A record-shattering $22.2 billion in weekly trading volume surged through prediction markets Kalshi and Polymarket last week, driven largely by…
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Business

Most Americans Oppose Election Betting as Networks Air Odds
Major U.S. television networks are embedding real-time prediction market prices into their 2026 midterm election coverage even as six in…
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Crypto

CFTC Claims Event Contracts as Swaps, Exempts Casinos
The Commodity Futures Trading Commission moved Friday to formally classify prediction-market event contracts as swaps under federal law while simultaneously…
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Crypto

CFTC Moves to Claim Event Contracts as Swaps in Gambling Turf War
Federal derivatives regulators moved Friday to cement sole supervisory control over fast-growing prediction markets, establishing a sharp boundary between financial…
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Business

NCPG Kalshi Donation Sparks Leadership Crisis, State Exodus
Four state gambling regulators and problem-gambling councils severed ties with the National Council on Problem Gambling between July and September…
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Crypto

Blockchain.com Seeks CFTC Licenses for U.S. Event Contracts
A wave of cryptocurrency platforms is racing to secure federal derivatives licenses before state gambling regulators can shut down the…
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