Prediction markets were back in front of Congress this week, but this hearing had a very different feel from some of the recent debates. Instead of arguing over whether platforms like Kalshi and Polymarket should exist, lawmakers spent much of the discussion looking at whether the Commodity Futures Trading Commission…
Wisconsin election officials are sending a message that could have major implications for anyone participating in election prediction markets. The Wisconsin Elections Commission (WEC) warned this week that residents who trade contracts on an election and then vote in that same contest could be violating state law and risk losing…
Prediction markets are officially back on Capitol Hill. Lawmakers held a congressional hearing this week focusing on the fast growing prediction market industry. A large portion of the discussion centered around exchanges like Kalshi and Polymarket.
Another state has scored an early win against Kalshi, adding to the growing list of legal challenges facing prediction markets across the country. A Washington judge granted a preliminary injunction this week, finding the state is likely to succeed in arguing that Kalshi's event contracts violate Washington law. The decision…
As activity at prediction markets proliferates, roughly $200 million worth of trades placed at Polymarket were flagged for potential insider trading in 2026, Bloomberg found. Bloomberg reported the number after analyzing approximately 34,000 transactions placed from Aug. 2025 through June 2026 that were highlighted by prediction markets analytics platform Polysights.…
The battle between the NCAA and prediction markets is heating up again. As platforms like Kalshi continue expanding their sports offerings, NCAA President Charlie Baker has renewed calls for federal regulators to intervene. The organization believes prediction markets tied to college sports create many of the same integrity concerns as…