Brazilian resolution blocks Polymarket and Kalshi over election contracts
The restrictions affect prediction-market operators offering event contracts in Brazil.
All news
Reports
US appeals courts schedule hearings in prediction-market disputes
The proceedings may affect how state and tribal gaming rules apply to sports-event contracts.
Aries launches US prediction markets through ForecastEx
The launch gives eligible US customers another route to trade event contracts through a broker-linked platform.
Source: PR Newswire Gaming
Kalshi signs multiyear prediction market partnership with Philadelphia 76ers
The partnership gives Kalshi arena and digital promotion through an NBA team, though financial terms were not disclosed.
North American markets report Q3 wagering and September gaming results
The figures provide operators and investors with reported market activity across several jurisdictions.
Polymarket investigates suspicious trading around Israeli election markets
The investigation could affect controls for insider information and trading integrity on prediction markets.
Results
Coinbase says prediction markets exceed $200m annualised revenue in Q3
The reported prediction-market revenue and trader growth provide commercial context as Coinbase’s Q3 net revenue fell year on year.
GR8_TECH adds prediction markets to turnkey platforms
The integration gives platform partners a prediction-markets product without additional costs, according to GR8_TECH.
DGOJ presents regulatory views on prediction markets in Spain
The regulator’s discussion signals that prediction markets are part of its consideration of gambling regulation in Spain.
Source: DGOJ (Spain)
CFTC and Justice Department seek order blocking Utah cases against Kalshi
The request could affect whether Utah can enforce gambling laws against prediction-market contracts while the dispute proceeds.
DraftKings expands prediction-markets strategy with its own contracts platform
DraftKings’ expansion brings a major betting and online casino group into competition with specialist prediction-market platforms.
Coinbase reports prediction markets above $200 million in annualised revenue
Revenue and trader growth show prediction markets are an expanding Coinbase business segment.
Brazil health minister promotes telehealth support for betting addiction
The reported shift towards telehealth could affect how betting-related harm is addressed in Brazil.
Series G
Kalshi reportedly raises $1bn in Series G at $40bn valuation
Kalshi’s reported funding round and valuation give investors an update on the company’s financing and market value.
Ohio senator introduces bill to prohibit election betting and prediction markets
If enacted, the bill would restrict prediction-market activity and could affect how platforms operate under Ohio gambling rules.
NFL policy bars Saquon Barkley from holding Polymarket stake
The policy affects prediction-market investment by NFL personnel and signals the league’s position on sports event contracts.
Kenya’s GRA plans a prediction-markets licence category
Platforms offering prediction markets in Kenya may face a dedicated licensing framework, although requirements remain undisclosed.
Italian MP Centemero calls for prediction-market safeguards
Centemero’s proposals put user protections, information abuse and conflicts of interest at the centre of Italy’s prediction-market debate.
Broadridge adds Kalshi event contracts to CQG trading platforms
The integration gives brokers, futures commission merchants and traders another route to access Kalshi event contracts within existing trading systems.
Source: PR Newswire Gaming
Utah files 14 criminal charges against Kalshi and its co-founders
The competing state and federal actions leave the legal status of sports-related prediction markets in Utah contested.
Jesús Serrano examines Supreme Court doctrine on regional gambling powers
The legal interpretation may affect regional oversight of state lottery sales channels and private gaming venues.
Licence
Kenya regulator considers dedicated prediction market licence
A dedicated licence could set specific entry requirements for prediction market operators in Kenya.
DraftKings considers opportunity in cryptocurrency event contracts
The reported interest could affect DraftKings’ product and routing choices in the prediction-markets sector.
Polymarket election contracts in Brazil record US$249m in trading volume
The reported block and derivatives restrictions bear on prediction-market access in Brazil, despite substantial trading volume.
New York sports betting handle exceeds $2.4bn in September
The figures inform operators and regulators about New York betting activity and revenue amid disputes over prediction markets.