Wisconsin has a complicated relationship with prediction markets, but currently allows major sites like Kalshi and Polymarket to operate in the state. That may not be the norm when looking at the industry’s place in the state, long-term. In a recent interview, Wisconsin gubernatorial candidate David Crowley cited changes he’d…
Kalshi’s latest bid to jumpstart their prediction market platform back in the state of Washington has been denied. The state previously restricted the site from offering its event contract product to WA citizens, and an attempt to uplift the ban failed this past week. Washington just got done securing a…
Polymarket and Kalshi keep making headlines for the various partnerships they’re striking. Now they’re drawing attention for some that are ending. Per reports, Polymarket and Yahoo! Finance will be parting ways. The two banded together in November of 2025, but saw their partnership expire in April of 2026. The two…
Not all Tribal nations are at war with Kalshi. Per reports, the prediction market platform is joining forces with the Tunica-Biloxi Tribe of Louisiana, making them the first sovereign Tribal nation to launch its own prediction market app. Despite the rising prediction market platform taking heat from Tribal nations, Kalshi…
The prediction market battle is moving into another state, and this time Missouri is putting multiple major operators to the test. Missouri Attorney General Catherine Hanaway has issued cease-and-desist letters to six companies offering sports event contracts to residents, arguing that the products amount to unlicensed sports wagering under Missouri…
Genius Sports launched prediction.com, a brand-new hub for prediction markets that equips traders with information and analytics from across the industry. In an industry that is increasingly divided, the brand-new platform will unify prediction markets from different competitors. Users can easily track where they will find the best price, spot…
Prediction markets have gone from a relatively niche corner of the internet to one of the fastest-growing areas of online trading. Kalshi and Polymarket have attracted billions of dollars in activity, and an increasingly important part of that growth is coming from younger men who see prediction markets as a…
Prediction markets have grown rapidly over the past year, forcing the traditional sports betting industry to pay attention. Brad Allen has watched that shift closely from his role at research firm Eilers & Krejcik, where he analyzes the industry and regularly speaks with operators and market makers. Allen joined Trade…
Kalshi was dealt a huge blow in its effort to provide nationwide access to prediction markets on Wednesday. A federal appeals court ruled that the operators lacked the authority to operate on the lands of two California native tribes. The 9th U.S. Circuit Court of Appeals in San Francisco ruled…
Texas prediction markets were just in the news thanks to the state’s decision to not take a harsh stand against them. Now they’re back in the news for just the opposite. Robert DeNault, Kalshi’s head of enforcement, sat down with the Texas Senate State Affairs Committee this week. The tone…