Kalshi spends over $1m lobbying as prediction market dispute intensifies
Lobbying activity may shape legislation and regulatory treatment of sports event contracts affecting Kalshi and gambling groups.
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Israeli prosecutors charge reservist over Polymarket bets using classified information
The case puts prediction-market trading, classified information and military conduct under criminal scrutiny in Israel.
Washington sues Kalshi over alleged illegal gambling
The lawsuit could determine whether Washington gambling law applies to Kalshi’s event contracts and whether residents’ alleged losses can be recovered.
Morningstar sees Robinhood prediction markets supporting long-term growth
The forecast may inform investors’ assessment of Robinhood’s revenue outlook and prediction-market business.
Smarkets seeks CFTC approval for planned US prediction-market entry
Smarkets’ US entry hinges on CFTC approval, while the company expects sports to drive long-term prediction-market growth.
Trump Media launches Truth Predict as US prediction markets exceed $5bn weekly
Truth Predict adds a US platform amid debate over whether prediction-market contracts are financial products or gambling.
Brazil’s TSE prohibits election betting under digital-platform rules
Operators in Brazil must exclude election-related contracts because the reported rules define such betting as an electoral offence.
Dan Patrick directs Texas senators to study prediction markets for 2027
The study could inform Texas lawmakers’ approach to prediction markets and existing gambling prohibitions.
US senators introduce bill to bar officials from profiting on prediction markets
The proposal would impose trading restrictions and disclosure duties on public officials using prediction markets.
Merkley and Raskin introduce bill targeting prediction markets
The proposal could affect prediction-market operators if enacted, but its scope is not specified in the available report.
New York Assembly advances gambling harm-protection measures
If enacted, the proposals would add compliance requirements for betting platforms and affect treatment coverage.
Congressional lawmakers introduce bill to bar political and sports event contracts
The proposed ban could restrict prediction-market offerings tied to political and sporting events in the US.
Congressional lawmakers introduce bill to bar political and sports event contracts
The proposed ban could restrict prediction-market offerings tied to political and sporting events in the US.
Brazil’s SPA monitors Kalshi prediction-market launch
Unresolved regulatory oversight leaves Kalshi and other potential providers without clarity on which Brazilian authority governs these markets.
Schiff and Curtis propose federal restrictions on prediction-market contracts
The proposals could restrict contract offerings and prohibit certain government personnel from trading on non-public information.
Allwyn extends Formula 1 partnership and launches predictions league
The Allwyn League adds prizes, including Grand Prix tickets, to race predictions within the Formula 1 partnership.
Malta government studies rules for prediction markets
A potential Maltese framework could determine how prediction-market operators are supervised in the country.
ARK Invest and Kalshi partner on institutional prediction-market research
The partnership creates a stated use of prediction-market data in an asset manager’s research and portfolio process.
DraftKings launches historical MLB betting game in Oregon
The launch introduces a historical betting product in Oregon, while any expansion requires approval in other jurisdictions.
Malta explores rules for online prediction markets
A potential framework could determine how prediction-market platforms operate in Malta.
Tribal gaming attorney says scrutiny of prediction markets is increasing
The Arizona and Nevada actions show how scrutiny can constrain prediction-market operators’ sports wagering activity.
Austria’s Supreme Court confirms possible personal liability for illegal online casino managers
The ruling may expose managers, as well as operators, to claims linked to breaches of Austrian player-protection rules.
Brazil’s TSE clarifies ban on election betting by prediction platforms
The clarified rules limit Brazilian prediction-market platforms to economic indicators, excluding election and sports-outcome contracts.
Allwyn extends Formula 1 partnership under multi-year agreement
The renewed partnership adds fan-prediction and broadcast features, while expanding community awards support to more organisations.
PREDICT Act targets political trading on prediction markets
The proposed restriction could affect prediction-market participation by federal officials if enacted.