Key Takeaways ▸ Most of Oliver’s worst examples like tragedy markets and suspiciously-timed geopolitical trades happened on Polymarket’s unregulated, offshore platform. ▸ Congress gave the CFTC express authority to dam occasion contracts opposite to the general public curiosity, however the company has but to conduct these opinions. But rulemaking may clear up what’s and isn’t…
Key Takeaways ▸ The panel pressed Kalshi on whether or not sports activities contracts are simply “gaming” underneath CFTC guidelines, whereas additionally questioning Nevada’s authorized framing and limits. ▸ The court docket centered on whether or not Congress clearly gave the CFTC authority to override state sports activities betting legal guidelines, or if states nonetheless…
Key Takeaways ▸ FanDuel’s new FCM submitting alerts it desires to function prediction markets by itself phrases, free from the revenue-sharing association that presently arms CME Group majority management and roughly half of gross income. ▸ DraftKings and FanDuel took reverse paths into prediction markets however are converging on the identical purpose: proudly owning the…
Key Takeaways ▸ Regulators moved from warnings to a proposed $5M high-quality, formally labeling Kalshi’s occasion contracts as unlicensed sports activities gaming. ▸ With enforcement now materials, Kalshi has stronger footing to attraction or once more search injunctive aid, whereas weighing potential Ohio market restrictions. The Ohio Casino Control Commission (OCCC) is escalating enforcement motion…
Key Takeaways ▸ Traders are pricing a protracted shutdown, with 75+ days and submit–April 30 outcomes main throughout prediction market contracts. ▸ Over $30M in mixed quantity exhibits the DHS shutdown is being traded as an actual macro threat, not a short-term dispute. The ongoing partial shutdown of the Department of Homeland Security has turn…
Key Takeaways ▸ Polymarket’s new payment construction rollout triggered a ~10x income soar, with each day income rising from ~$30K–$80K in January to ~$550K–$700K in April. ▸ Volume surged regardless of new charges, climbing from ~$1.97B to ~$2.48B (+~26% WoW), displaying the expanded payment mannequin hasn’t slowed buying and selling exercise. ▸ A broader platform…
Key Takeaways ▸ A forthcoming TRO pauses Arizona’s legal case, reinforcing the federal preemption argument over DCMs. ▸ Arizona can enchantment the TRO now or wait and enchantment after a district courtroom ruling on the deserves. ▸ The TRO’s scope and supreme ruling, with a possible Ninth Circuit enchantment, may assist set the boundaries of…
Key Takeaways ▸ Core options like shared liquidity, market makers, and order books are restricted or outright prohibited below state playing laws. ▸ GGR-based taxes and fragmented licensing create prices that exceed exchange-level margins. ▸ Operators are shifting towards CFTC-regulated fashions the place alternate infrastructure can truly operate, out of necessity. The courts are cut…
Key Takeaways ▸ Polymarket US recorded $255.9 million in notional buying and selling quantity in March 2026, together with a high of $88.8 million the week of March 30. ▸ The platform launched its first political and financial markets on April 8 with many extra imminent. ▸ Polymarket US is ready to scale, with a…
Fox News Media will combine forecast knowledge from prediction market platform Kalshi throughout its information and streaming platforms, marking the corporate’s newest push to embed real-time chance alerts into mainstream media protection. The settlement will convey Kalshi’s event-based forecasts to the top-rated Fox News Channel, in addition to Fox Business, Fox Weather and the FOX…