Polymarket is preparing to resume operations in the USA after the CFTC issued a no-action letter in September addressing reporting and record-keeping violations, according to the report. CEO Shayne Coplan said the platform had the green light to go live; QCX, acquired by Polymarket in August, now operates as Polymarket US.
The regulatory step could allow Polymarket to resume US prediction-market activity through QCX.
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French police are investigating whether traders on Polymarket had confidential information about the Ballon d’Or result, after 12 accounts correctly predicted the top five in order. France Football contacted the police gambling unit after the ceremony and said it was preparing a complaint; no leak or criminal offence has been established.
French police are investigating whether Polymarket account holders had confidential information before the Ballon d’Or result was announced, according to anonymous police sources. No leak or criminal offence has been established.
Polymarket and Crypto.com-owned OG.com filed separate federal lawsuits against Arkansas officials, seeking to prevent enforcement of state gambling laws against their event-contract markets. Both companies cite the state’s recent case against Kalshi as evidence that they could face enforcement; the suits argue federal law pre-empts Arkansas law.
Prediction-market operators Polymarket and OG, which is owned by Crypto, have brought separate federal suits to stop Arkansas from applying state gambling laws to their markets. Their defendants include Attorney General Tim Griffin and members of the Arkansas Racing & Gaming Commission, according to the source.
Robinhood and Polymarket filed separate federal lawsuits seeking to stop Missouri officials from enforcing gambling laws against their sports event contracts. Both argue that federal commodities law gives the Commodity Futures Trading Commission exclusive jurisdiction; Missouri Attorney General Catherine Hanaway has separately filed counterclaims alleging Novig violated federal and state laws.
Robinhood and Polymarket filed separate federal lawsuits seeking to stop Missouri officials from applying gambling laws to their sports event contracts. Both companies argue that the Commodity Futures Trading Commission (CFTC) has exclusive jurisdiction over the products, rather than state gambling regulators.
Thirty-seven US states, the District of Columbia and the Northern Mariana Islands submitted a brief supporting New York against Kalshi to the Second Circuit Court of Appeals. Registered on 6 November, the brief argues that federal derivatives law should not prevent states from enforcing sports-betting and consumer-protection rules; a separate group of 38 states filed a Wisconsin brief concerning Polymarket, Coinbase, Robinhood and Crypto.com.
A coalition of 37 US states, the District of Columbia and the Northern Mariana Islands has filed a brief supporting New York in its case against Kalshi at the Second Circuit Court of Appeals. The brief, filed on 6 November, argues that federal derivatives law should not prevent states from applying sports-betting and consumer-protection rules.
Spain’s DGOJ described prediction markets as cross-betting products in a 26 May notice, while its director general reiterated at MERGE Madrid in late October that gambling products require a licence to operate in Spain. The notice did not specify which licence applies; the article interprets the existing cross-betting category as potentially relevant. Italy’s 2013 rules allow player-to-player betting on non-sporting events, but the source says such events have not become part of a working exchange market.
Spain's DGOJ described prediction markets as player-to-player cross-betting in a 26 May notice, but did not say which licence applies, according to an analysis on an Italian gambling industry site. The author said a link to an existing cross-betting licence was an interpretation.