Utah judge sets 20 November hearing on CFTC prediction-markets case
The expedited timetable gives Utah and the CFTC fixed deadlines before the court considers the requested relief.
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Reports
Prediction markets post $4.13bn average daily volume in October
The figures show increased trading across prediction markets, with sports contracts remaining their largest category.
Robinhood sees non-sports prediction market growth
Growth in non-sports contracts creates new competition for operators and exchanges targeting the same traders.
Utah sues Kalshi and Susquehanna over alleged illegal gambling
The case could affect whether prediction-market operators can offer sports event contracts under state gambling laws.
Utah sues Kalshi over alleged gambling violations, seeks up to $61.2m
The lawsuit seeks remedies and geolocation restrictions, putting Kalshi’s Utah access and named trading partners’ exposure at issue.
Rothera selects Stats Perform for sports event contract data and settlement
Stats Perform will supply Rothera’s sports event contract data across contract creation, trading and settlement.
Susquehanna and Castle Technologies develop prediction market hedges for small businesses
Small businesses can receive prediction market payouts when specified events increase expenses or interrupt operations.
Cantor launches institutional block trading in Kalshi event contracts
Institutional clients gain a brokerage route to block trading, while liquidity is provided by Susquehanna Predictions.
Rothera reports more than US$3bn in prediction-market trading since May
Rothera’s reported volume and distribution through Robinhood indicate growing activity in sports event contracts.
Robinhood routes selected World Cup contracts through its Rothera exchange
The routing change may alter the event-contract business Robinhood sends to Kalshi.
Morningstar sees Robinhood prediction markets supporting long-term growth
The forecast may inform investors’ assessment of Robinhood’s revenue outlook and prediction-market business.
Robinhood adds NFL custom combos with up to 10 event-contract legs
The feature brings multi-leg NFL wagering into Robinhood’s prediction-market offering, broadening its sports contract formats.
Robinhood and Susquehanna plan prediction-markets exchange for 2026
The planned exchange would give Robinhood and Susquehanna a new platform for prediction-market-related futures and derivatives.
Robinhood and Susquehanna plan prediction-market venture after LedgerX stake acquisition
The venture would give the partners an exchange infrastructure of their own for prediction-market products.
Robinhood plans prediction-markets exchange with Susquehanna liquidity support
The planned exchange and acquisition could add a new competitor in US prediction markets.