A New Jersey senator has introduced a bill that would establish state rules for prediction markets. The report says the proposal would regulate activity within state lines but provides no further details in the available text.
The bill could establish state-level requirements for prediction-market operators in New Jersey.
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Ohio Sen. Bill DeMora filed legislation to bring sports prediction markets under state sports-gambling rules and prohibit election-related event contracts. He said a federal appeals court ruling could help advance the proposals, though the bills would need to be reintroduced in 2027.
US Senator John Curtis asked the Senate Judiciary Committee to examine whether presidential family connections enabled personal financial gain or privileged access. His letter of 21 September specifically cited Donald Trump Jr.'s links with Kalshi and Polymarket.
It was reported that Illinois enacted Senate Bill 3019, adding a prediction-market transaction tax and increasing sports betting taxes. The first five million trades will attract a 1.75% tax.
ARB Interactive announced a new Modo app on 2 November, combining sweepstakes and arcade games, digital collectibles and prediction markets. Its Predict feature is described as forthcoming and would offer real-money predictions on events and sports; ARB did not announce a prediction-market partner.
DATA.BET has introduced fast betting for prediction markets. The report describes the offering as enabling quicker trading and easier deployment.