Kalshi blocks prediction markets on three California tribal reservations after court ruling
Kalshi restricted prediction market access on three California tribal reservations after an appeals court found likely tribal gaming law breaches.
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Reports
AGA study finds higher financial literacy scores among US gamblers
The findings inform operators’ consumer-protection work around financial literacy and how prediction markets are presented.
AGA study finds 41% of gamblers have high financial literacy
The findings may inform operators’ responsible-gambling education and regulators’ assessment of prediction-market consumer risks.
Blumenthal and Tonko back federal gambling reform proposals
The proposals could change oversight and consumer-protection requirements for sportsbooks and prediction markets.
Blumenthal and Tonko include prediction markets in federal gambling reform push
The reform campaign targets prediction markets, consumer protection and wagering businesses’ relationships with sports organisations and technology platforms.
New York files illegal gambling lawsuit against Polymarket
New York's suit against Polymarket follows its earlier action against Kalshi, widening the state's prediction market challenge.
New York attorney general sues Polymarket over alleged illegal gambling
The case could determine whether Polymarket may offer its prediction-market platform to New York users without a state gaming licence.
Alberta pledges $2.4m to expand gambling addiction treatment
Alberta’s funding expands gambling addiction treatment and related services following its opening to commercial online casinos and sportsbooks.
US appeals courts split over classification of sports event contracts
Conflicting appeals court positions leave prediction market operators facing disagreement over whether sports event contracts constitute bets.
Prediction markets drive 28% rise in NFL betting app downloads
Prediction markets accounted for much of betting app download growth while traditional sportsbooks faced customer acquisition difficulties.
EKG says prediction markets may not advance Texas sports betting legalisation
The assessment bears on operators’ expectations for Texas market access and the legislative path to sports betting.
MGM takeover bid collapses as Caesars’ $17.6bn deal progresses
Investors face contrasting casino transaction outcomes as an MGM takeover collapsed while the Caesars deal progressed.
CFTC urges exchanges to assess manipulation risks in mention markets
The guidance gives designated contract markets factors to assess before offering contracts based on individuals’ actions or statements.
Chile minister defends betting-site blocks alongside VAT collection
The minister’s explanation addresses how court-ordered blocks and VAT collection apply to online betting platforms.
Lula criticises online betting business model in UN address
Possible restrictions could affect betting operators and sponsorship agreements with Brazilian football clubs.
Senator John Curtis requests investigation into Trump Jr.'s prediction market connections
Kalshi and Polymarket face a requested Senate examination of whether presidential family connections enabled financial gain or privileged access.
Connecticut DCP orders nine prediction platforms to halt sports contracts
Nine prediction market platforms face Connecticut cease-and-desist orders over sports event contracts offered to residents.
NCPG describes prediction markets as gambling regardless of legal classification
Prediction market operators fall within NCPG’s assessment of gambling regardless of their legal classification.
ADM block of Polymarket domain faces challenge at Lazio regional court
The case will test the application of Italy's gambling-site blocking rules to prediction-market platforms.
CFTC warns prediction market exchanges about manipulation risks in mention markets
Prediction market exchanges face a CFTC warning about manipulation risks involving public figures’ statements or actions.
CFTC urges caution on prediction-market mention contracts
Prediction-market operators are being advised to assess manipulation risks before listing these contracts.
Licence
RiskCherry secures approvals in five jurisdictions, reaching 24 regulated markets
RiskCherry’s stated coverage across 24 regulated markets gives operators more jurisdictions in which to use its services.
DGOJ meets FEJAR during consultations on Spain’s gambling law reform
The consultations allow gambling-related organisations to submit views before the reform text is drafted.
Brazilian authorities seek information on Polymarket election markets
Authorities are assessing enforcement measures against election-related prediction markets while the platform remains blocked in Brazil.
NCPG calls for consumer protections across gambling and prediction products
Prediction market companies face calls for specific consumer safeguards amid disagreement over how their products should be treated.