Novig just differentiated itself in the increasingly competitive prediction market scene. The rising prediction market platform recently changed its site age restriction to 21, leaving behind big players like Kalshi and Polymarket, who have theirs set at 18. The prediction market site had already technically had its age restriction set…
Texas has officially refrained from joining 44 other U.S. states in the fight against prediction markets. Despite the state’s anti-gambling laws already in place, Attorney General Ken Paxton has failed to commit to the cause, but also hasn’t publicly stated why. Paxton’s reluctance to align with other U.S. states comes…
With the 2026 NFL season almost here, the league has reportedly informed the prediction market industry that it’d like to see some changes. The league’s chief compliance officer, Sabrina Perel, issued a letter that has the NFL asking for “objectionable bets” to be avoided. The league has reportedly isolated certain…
Kalshi's legal fight with the states has added another significant setback. A Michigan judge has ordered the prediction market exchange to keep its sports event contracts unavailable in the state, with potential fines of $500,000 for each day it fails to comply. The preliminary injunction means Kalshi must maintain geofencing…
The prediction markets legal fight has officially reached the Supreme Court. New Jersey filed a petition Wednesday asking the justices to review an appellate ruling that favored Kalshi and found federal law overrides the state's attempt to regulate its sports event contracts. If the Supreme Court accepts the case, it…
Laurie Buckhout apparently liked her chances in North Carolina’s 1st Congressional District enough to put money on herself. That decision ended with the Republican congressional candidate paying a $2,589.96 fine and losing access to Kalshi for three years. Buckhout says she simply didn’t realize that trading on her own election…