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 report Wednesday (Sept. 30) by CoinDesk, would connect event contracts to the regulatory definition of swaps, and establish that they’re not...
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 states remain free to enforce their gambling laws against the platform. The unanimous U.S. Court of Appeals for the Sixth...
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 says could make its platform more useful to institutions seeking to hedge risks tied to future events. The filing, submitted...
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 that reach payment processors, app stores, identity-verification providers, sports-data businesses and media organizations. The Connecticut Department of Consumer Protection’s actions,...
September 29, 2026
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 states remain free to enforce their gambling laws against the platform. The unanimous U.S. Court of Appeals for the Sixth Circuit ruling Friday (Sept. 25) sided with Ohio and Tennessee, […]
August 27, 2026
DraftKings customers have long had to think in different currencies depending on where they were playing. Points on the sportsbook. A separate tier system on the casino side. Something else...
March 27, 2026
In the early days of regulated online gaming in the United States, payments were less a utility than a bottleneck. Seven years ago, as states like New Jersey began legalizing digital wagering,...
February 18, 2026
Watch more: The Digital Shift With Paysafe’s Bruce Lowthers Somewhere between the first ticket purchase and the final prop bet, $20.2 billion changed hands. That was the projected spending around...
September 30, 2026
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 report Wednesday (Sept. 30) by CoinDesk, would connect event contracts to the regulatory definition of swaps, and establish that they’re not related to gambling. As CoinDesk notes, the CFTC has “fully […]
August 31, 2026
Polymarket’s investigations head is reportedly promising to police trading ahead of this fall’s midterm elections. In an interview with Reuters published Monday (Aug. 31), Shauna Bautista said the prediction market...
August 28, 2026
A handful of small businesses have begun using prediction market platforms to hedge risks, Reuters reported Friday (Aug. 28). Companies of this size can’t get help from Wall Street banks...
August 27, 2026
Prediction market company Polymarket says it has expanded its relationship with sports data provider Sportradar. The new partnership extends Sportradar’s sports data, streaming and integrity services to Polymarket across more than 20 sports...