American Express (AmEx) has introduced a co-branded credit card in partnership with sports platform Fanatics. “Inspired by Topps trading cards, the first-of-its-kind credit card design...
Arkansas Attorney General Tim Griffin sued Kalshi Wednesday (Nov. 4), accusing the prediction market of offering illegal gambling to Arkansas residents, including customers too young...
DraftKings is betting hundreds of millions of dollars on customers it may not be allowed to serve with the same products two years from now....
Utah has become the latest flashpoint in the fight over who regulates prediction markets. The Commodity Futures Trading Commission (CFTC) this week filed a lawsuit...
The Commodity Futures Trading Commission is moving to write its claim of authority over prediction markets directly into federal regulations. The CFTC sent the White...
America’s prediction markets regulator has submitted two rules for White House review as it battles states over industry oversight. The Commodity Futures Trading Commission (CFTC) rules, the subject of...
A federal appeals court has dealt prediction markets another setback, ruling that sports event contracts offered by Kalshi are not federally regulated “swaps” and that...
Kalshi has asked the Commodity Futures Trading Commission (CFTC) to let qualified traders use margin on its event contracts, a step the prediction market operator...
Connecticut expanded its campaign against sports event prediction markets beyond Kalshi. Last week, the state issued cease-and-desist orders to nine companies and nearly 30 subpoenas...