New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets’ sports products, New…
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Prediction Markets
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Kalshi, Polymarket raise funds, US courts lower the boom
Kalshi and Polymarket continue to attract investor interest and higher valuations as American courts weigh their legal battles…
ETH, SOL, and XRP Price Predictions Flash Major Downside Risk
Despite the latest crypto rally in August, prediction marketplace bettors are signaling a bumpy road for ethereum (ETH),…
Kalshi Predictive Markets’ Top Request Isn’t Politics—It’s Divorce
[[{„value”:” Kalshi’s institutional head recently let slip a detail that reveals more about human nature than about markets:…
Kalshi lays down first lifetime ban for ex-member of Congress George Santos
The prediction market platform banned Santos for manipulation as part of the industry’s ongoing efforts to show it’s…
Ninth Circuit Ruling Sets Up a Kalshi Supreme Court Fight on Sept. 3
New Jersey has until Thursday to ask the U.S. Supreme Court to review a Third Circuit decision protecting…
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the…
Connecticut’s new lawsuit against Kalshi piles on to prediction market legal fight
The courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big…
Trump Media Drops ‘Truth Predict’ Buildout, Chooses Crypto.com Instead
Trump Media has abandoned plans to build a prediction market directly into Truth Social, opting instead to market…
Polymarket Pulls NFL Contracts, Certifies Bitcoin Bets The Same Day
Polymarket’s US-serving platform withdrew both of its NFL player participation filings on Aug. 26, one day after certifying…