California nonetheless has no authorized sports activities betting choices, however that doesn’t imply you’ll be able to’t wager on the Super Bowl at authorized and controlled platforms. What makes that attainable is that federally regulated prediction markets now function beneath CFTC jurisdiction in all 50 states, together with California. And with Super Bowl LX between…
Fantasy sports activities platform Sleeper has begun rolling out prediction market buying and selling, with Super Bowl LX occasion contracts already out there contained in the Sleeper app simply days forward of kickoff. Sleeper Markets has partnered with Kalshi to supply sports activities occasion contracts, the businesses introduced at this time, with extra occasion markets…
The US derivatives watchdog is making ready a brand new rulebook for prediction markets, as platforms akin to Polymarket and Kalshi pull in billions in exercise by letting merchants wager sure or no on all the things from politics to popular culture. In his first public remarks as chairman of the Commodity Futures Trading Commission…
For a lot of 2025, Kalshi’s rise as the primary scaled, regulated U.S. prediction market platform was intently tied to Robinhood. When the retail brokerage launched occasion contracts inside its app in March of 2025, routing trades to Kalshi as a Futures Commission Merchant (FCM), Kalshi’s buying and selling volumes surged. That relationship may now…
Prediction markets platform Kalshi has opened a brand new workplace in Washington, D.C., because it ramps up efforts to form federal and state coverage amid rising scrutiny of its merchandise throughout the United States. Key Takeaways: Kalshi has opened a Washington workplace and employed seasoned coverage veterans to deepen engagement with federal and state regulators….
Kalshi requested a Massachusetts state court docket to pause enforcement of a newly issued preliminary injunction on Friday as the corporate prepares to enchantment, escalating a high-stakes authorized struggle over whether or not state gaming regulators can implement motion towards a federally regulated prediction market platform. The emergency movement follows a preliminary injunction issued earlier…
Portugal’s gaming regulator has banned crypto prediction platform Polymarket following suspicious buying and selling patterns in the course of the nation’s presidential election that noticed over €4 million wagered in simply two hours earlier than outcomes emerged. The Portuguese Gaming Regulation and Inspection Service (SRIJ) ordered the platform to stop operations and face blocking after…
Bryson DeChambeau is a Kalshi man now. Top CFTC-regulated prediction trade Kalshi has teamed with skilled golfer Bryson DeChambeau for its first athletic endorsement deal. As a part of the association, DeChambeau will seem in “a TV industrial, social media posts, reside appearances and promotions, branded content material, and extra.” “Kalshi is constructing one thing…
A federal choose in Tennessee has quickly blocked state regulators from taking enforcement motion in opposition to Kalshi. Key Takeaways: A federal choose quickly blocked Tennessee regulators from imposing a cease-and-desist order in opposition to Kalshi. The courtroom discovered Kalshi would face irreparable hurt and is probably going to achieve arguing federal jurisdiction over its…
Tennessee’s regulator has ordered prediction market platforms Kalshi, Polymarket, and Crypto.com to cease providing sports-related contracts within the state. Key Takeaways: Tennessee ordered Kalshi, Polymarket and Crypto.com to halt sports-related contracts and difficulty refunds by Jan. 31, 2026. Regulators allege the platforms are providing unlicensed sports activities wagering in violation of state legislation. Failure to…