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Polymarket fires marketing chief after reported probe into fake trade claims
Matthew Modabber reportedly fired after an internal probe linked to alleged fake trades.
Robinhood Reports Rising Demand for Bitcoin and Gold Prediction Markets
Robinhood sees a surge in prediction markets for Bitcoin, gold, and oil, with financial event contracts outpacing sports...
Pentagon bans staff from betting with undisclosed military information
Pentagon bars staff from using nonpublic military info on prediction markets like Kalshi and Polymarket.
Underdog adds crypto and stablecoin deposits with zerohash
Underdog will let eligible users fund prediction market accounts with crypto via zerohash.
Utah sues Kalshi and Susquehanna firms over alleged illegal gambling
Utah accuses Kalshi of running an illegal gambling business and estimates it took in up to $61.2 million in fees from Ut...
Crypto.com and Novig sue Missouri over sports event contracts as four rivals stay out of court
Crypto.com and Novig asked federal courts to block Missouri's sports wagering crackdown, while Kalshi, Polymarket, Robin...
Most Americans oppose betting on election results, Reuters/Ipsos poll finds
A Reuters/Ipsos poll of 4,506 US adults found majority opposition to prediction market betting on elections, as a federa...
Crypto.com Launches Predict Pro With Order Books and Sports Combos
Crypto.com introduces Predict Pro, a new event-contract trading platform for US users featuring real-time order books an...
Kalshi CEO says prediction market transparency makes insider trading easier to catch
Kalshi's CEO argues that the open nature of prediction markets helps police insider trading after several high-profile c...
US Event-Contract Rules: CFTC Proposes Swap Definition and Casino Wager Exclusion
CFTC proposes to treat event contracts as swaps and exempt licensed casino wagers, while courts remain divided on federa...
Kalshi CEO warns state oversight could force prediction markets offshore
CEO Tarek Mansour says the federal legal fight over prediction markets is a choice between U.S. regulation or going over...
Kalshi Hits $3.9 Billion in Trading Volume as Parlays Dominate Weekend Activity
Parlay-style combo contracts drove roughly 70% of Kalshi's weekend trading volume as daily totals approached $4 billion.