Prediction Markets
August 27, 2026
Attorney Criticized CFTC for Greenlighting Kalshi in Defiance of New York Court Order
Earlier this month, the Commodity Futures Trading Commission (CFTC) invoked its emergency authority to order prediction market operator Kalshi to continue operating despite a New York lawsuit seeking to shut down its event contracts. However, this has resulted in Joe Webster, a partner at Hobbs Strauss, criticizing the federal regulator, explaining that there have been […]
Prediction Markets
August 27, 2026
DraftKings Focuses on Pushing Prediction Markets in California
California is a rare exception when it comes to sports betting rules in the United States. The state does not support legal sports betting the way Nevada and New Jersey have, but this does not mean that trading on the outcomes of games is prohibited. In fact, DraftKings is betting on it, as the company, […]
Prediction Markets
August 27, 2026
Polymarket Adds NFL Injury Reports to its Sports Event Contracts Portfolio
Prediction market platform Polymarket continues to expand its portfolio of available event contracts, with the platform now adding NFL injury reports through self-certification. NFL Injury Reports Now Among Available Trades on Polymarket With the 2026 NFL season just around the corner and due to get underway on Wednesday, September 9, with a game between the […]
Prediction Markets
August 24, 2026
Prediction Markets Will Be Few and In Between Compared to Sportsbooks
Prediction market platforms are already crowding the space, argues the boss of a a fairly new creative marketing production agency, adding that this sector could not see as many bidding players as does, say, traditional sports betting. It’s Not About Being Seen – It’s About Being Remembered “That’s not a competitive market. That’s a queue […]
Prediction Markets
August 24, 2026
1 in 4 Morgan Stanley Interns Used Betting or Prediction Markets, Survey Says
More than a quarter of Morgan Stanley’s summer interns in North America used a betting or prediction market mobile application in the past year, once again proving, if necessary, the interest that young adults express in the ever-growing event-based wagering. 500 Interns, Surveyed The finding comes from Morgan Stanley’s annual summer intern survey, which polls […]
Prediction Markets
August 21, 2026
US Military May Be Caught Off-Guard by Geopolitical Adversaries Because of Prediction Market Trades
The debate around prediction markets has often surrounded issues such as whether they constitute gambling, and whether they are fair, i.e., whether insiders are abusing their knowledge to “fade the crowd” and secure a financial outcome by abusing their privileged information. ACDC Report Warns about Dangers of Military Insider Trading Yet the Anti-Corruption Data Collective […]
Prediction Markets
August 20, 2026
South Korea Becomes Latest to Seek Block against Polymarket as Platform Reach Shrinks
Polymarket has had a lot to celebrate in recent months – the return to the market in the United States has been its biggest and most important milestone to date. The company’s valuation is running in the billions, and there seems to be no legal hurdle back at home that is likely to stop the […]
Prediction Markets
August 19, 2026
5th State Lawsuit: Novig Preemptively Sues Wisconsin Over Sports Contracts
Prediction market operator Novig has filed a federal lawsuit against Wisconsin, which has not become the fifth state to face legal action from the company seeking protection from potential enforcement of sports betting laws. Preemptive Step Novig’s legal entity, Ludlow Exchange LLC, filed the 45-page lawsuit on August 14 in the US District Court for […]
Prediction Markets
August 18, 2026
Alpaca Braces for Prediction Markets Foray
Alpaca, a provider of a developer-first API for stock, options, and crypto trading, is preparing to capitalize on emerging opportunities by entering the hot prediction markets sector. To that end, the company has submitted the necessary applications in a move that would broaden its business. Alpaca Secures the Necessary Approvals According to the announcement, Alpaca […]
Prediction Markets
August 18, 2026
Polymarket US Initiates Beta Testing for Parlay Contracts
Polymarket’s regulated US exchange has officially started testing parlay contracts, marking the next step in the prediction market’s path to multi-outcome trading. Up to 10 Legs in One Parlay The beta launch follows Polymarket US’s self-certification of its parlay product with the Commodity Futures Trading Commission in May. The contracts, known as Combinatorial Athletic Outcome […]
