prediction markets

Prediction Markets Face NYC Probe Over Marketing Practices
Prediction Markets Face NYC Probe Over Marketing Practices
August 12, 2026  |  Legal & Regulation

The New York City Council launched an investigation into four prediction markets, The Wall Street Journal (WSJ) reported Wednesday (Aug. 12). The probe centers on...

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DraftKings’ Prediction Markets Push Is Reshaping Its National Growth Strategy
DraftKings’ Prediction Markets Push Is Reshaping Its National Growth Strategy
August 07, 2026  |  Earnings

DraftKings is positioning itself not simply as a sportsbook operator, but as a nationwide sports commerce platform capable of acquiring, engaging and monetizing customers across...

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Polymarket Aims to Double Valuation With $1 Billion Funding Round
Polymarket Aims to Double Valuation With $1 Billion Funding Round
August 04, 2026  |  Investments

Polymarket reportedly hopes to raise funds at a valuation north of $20 billion. The prediction markets company is in early discussions with prospective investors to...

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New York Sues Kalshi in Fight Over Prediction Market Regulations
New York Sues Kalshi in Fight Over Prediction Market Regulations
July 31, 2026  |  Markets

New York State is upping the ante in the battle over regulation of prediction markets. Attorney General Letitia James on Friday (July 31) filed a...

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CFTC Steps In as New York Sues to Shut Down Kalshi
CFTC Steps In as New York Sues to Shut Down Kalshi
July 31, 2026  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) has sued to stop New York’s attempt to halt the operations of prediction market Kalshi, which was announced Friday...

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Mets Partner With Novig in First MLB Prediction Market Deal
Mets Partner With Novig in First MLB Prediction Market Deal
July 30, 2026  |  Markets

Novig and the New York Mets have signed an agreement that they said is the first partnership between a Major League Baseball franchise and a prediction market. The agreement makes Novig...

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Binance.US Prepares CFTC Application to Launch Prediction Markets
Binance.US Prepares CFTC Application to Launch Prediction Markets
July 29, 2026  |  Markets

Cryptocurrency exchange Binance.US aims to offer prediction markets to customers, Crypto in America journalist and host Eleanor Terrett said in a Wednesday (July 29) post on X, citing...

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Federal Judge Blocks Minnesota Prediction Market Law From Taking Effect
Federal Judge Blocks Minnesota Prediction Market Law From Taking Effect
July 28, 2026  |  Legal & Regulation

Until Monday (July 27), the odds favored Minnesota becoming the first state to make operating or advertising a prediction market in the state a felony...

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Wall Street Banks Weigh Perpetual Futures as Kalshi Charges Ahead
Wall Street Banks Weigh Perpetual Futures as Kalshi Charges Ahead
July 27, 2026  |  Cryptocurrency

As regulated perpetual futures arrive in the United States, some trading firms and cryptocurrency exchanges are embracing them, while traditional Wall Street banks are taking...

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