Regulation
US House subcommittee holds hearing on sports event contract integrity
Congressional scrutiny of sports event contracts could reshape how operators, suppliers and investors treat prediction markets alongside licensed sportsbooks.
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Regulation
Kalshi spends $990,000 on lobbying as prediction market fight widens
Lobbying spending shows prediction-market exchanges and casino interests are competing to shape federal rules that could determine whether sports event contracts face state gambling regulation.
Regulation
Kalshi faces Michigan geofencing deadline as CFTC orders trades honoured
The rulings test whether federal commodities law preempts state gambling rules for CFTC-regulated event contracts, affecting prediction market operators and licensed sportsbooks.