A federal appeals court has delivered a significant win for prediction market platform Kalshi, blocking New Jersey gaming authorities from taking enforcement action against the company. The ruling, issued on April 4, 2026, by the U.S. Court of Appeals for the Third Circuit, strengthens the argument that federal regulators, not states, hold primary authority over […]
The National Football League is taking direct aim at a new frontier in sports wagering: prediction markets. In a significant move reported on March 30, 2026, the league sent formal letters to platforms like Kalshi and Polymarket, demanding they stop offering bets on football events it deems “easily manipulated.” This action signals a major clash […]
The US Commodity Futures Trading Commission received more than 1,500 responses to its prediction market rulemaking proposal. Respondents split sharply on how the agency should police these platforms. The comment period ended on May 4, 2026. CFTC prediction market rulemaking draws divided public feedback The CFTC proposed a rule in March 2026. It would allow […]
Coinbase users across the United States are expressing significant frustration with the cryptocurrency exchange’s persistent notifications promoting prediction markets during the March Madness basketball tournament, with many characterizing the alerts as an aggressive push toward sports gambling. The controversy emerges as prediction market platforms face increasing legal scrutiny from state authorities while federal regulators assert […]
A bipartisan Senate bill introduced in March 2026 aims to ban sports betting and casino-style contracts on federally regulated prediction markets, marking a significant escalation in Washington’s scrutiny of these financial platforms. According to a Wall Street Journal report, Senators Adam Schiff (D-CA) and John Curtis (R-UT) are pushing forward legislation that would explicitly prohibit […]
In a landmark move that signals a new era for sports governance and emerging financial markets, Major League Baseball (MLB) has simultaneously announced a formal integrity agreement with the U.S. Commodity Futures Trading Commission (CFTC) and a commercial partnership with prediction market platform Polymarket. These dual announcements, made public on March 19, 2026, represent a […]
In a significant legal setback for prediction markets, a federal court in Columbus, Ohio denied Kalshi’s motion for a preliminary injunction against state gambling authorities on Monday, March 24, 2026. The ruling represents a major victory for state regulatory power over emerging financial platforms attempting to operate in the sports betting space. Chief Judge Sarah […]
A federal court in Columbus, Ohio delivered a significant blow to prediction markets platform Kalshi on Monday, denying the company’s request for an injunction against state gambling regulators. Chief Judge Sarah Morrison of the U.S. District Court for the Southern District of Ohio ruled that Kalshi failed to demonstrate its sports event contracts fall under […]
In a significant legal setback for the prediction markets industry, a federal court in Columbus, Ohio, denied Kalshi’s motion for a preliminary injunction against state gambling authorities on March 24, 2026. Chief Judge Sarah Morrison of the U.S. District Court for the Southern District of Ohio ruled that the prediction markets platform failed to demonstrate […]
Las Vegas, NV – March 2025: The online sports betting space has entered a new phase of aggressive competition. Spartans Casino, a prominent operator in the digital gaming space, has officially announced the launch of a substantial $2 million prize pool leaderboard, coupled with a separate $3 million hypercar giveaway. This strategic move follows a […]
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