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…
Kalshi released a new online hub dedicated to the midterm elections on Wednesday, highlighting probabilities from its prediction markets, fundraising data, and historical election data. The “Midterms Hub” includes information and markets related to races for the Senate, the House, and governors across the country. Traders can directly engage with…
More than half of football fans are already nervous about their favorite team's chances during the upcoming NFL season, according to a survey TradeHandle conducted in July 2026 among 3,000 football enthusiasts nationwide. Six out of ten fans do not see their team making Super Bowl LXI—most fans predict that…
Bernstein analysts believe that Robinhood's prediction markets are going to become more lucrative than cryptocurrency trading, according to a recent note to clients. The financial services firm raised its price target for the company’s stock from $130 to $160 while maintaining its “Outperform” rating. A group led by analyst Gautam…
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…