Prediction Markets News and Headlines
Prediction Markets
February 23, 2026
Kalshi Ordered to Stop Contracts in Nevada Dispute
The legal battle between Nevada gaming regulators and New York-based prediction market KalshiEx LLC may soon reach the US Supreme Court. Kalshi, a financial services company that operates a derivatives exchange and sells what it calls “event contracts,” was ordered to stop issuing contracts following a recent ruling from the Ninth Circuit Court of Appeals. […]
Prediction Markets
February 23, 2026
State of the Union Speech Sparks Trading Frenzy Across Prediction Markets
Thanks to the rise of prediction markets, the 2026 State of the Union address has evolved into more than a political event. It is a hotspot for online prediction market activity where traders can wager on every conceivable outcome tied to the speech. Prediction platforms are also steadily expanding their scope, with wagers on the […]
Prediction Markets
February 23, 2026
Obama Says Aliens Are Real, But Prediction Market Users Remain Skeptical
Obama recently said that he believes aliens are real, sparking a new wave of interest in extraterrestrial life. The statement was only reinforced by Trump’s vow to release alien-related files. This, of course, led to a surge in prediction market activity, revealing that traders are not fully convinced. Obama and Trump Suggest Aliens Might Be […]
Prediction Markets
February 23, 2026
Fanatics Suit Over Exec Exit Reveals Kalshi Investments
A legal clash between merchandising and betting giant Fanatics and prediction-market platform Polymarket has ended quietly in settlement, but court filings tied to the dispute have exposed new details about competition and strategy in the changing sports-prediction sector. Fanatics Challenge to Polymarket Hire Ends in Settlement The conflict centered on former Fanatics executive Ari Borod, […]
Prediction Markets
February 23, 2026
Tradeweb Partners with Kalshi to Bring Prediction Markets to Institutions
Tradeweb Markets has formed a strategic alliance with Kalshi aimed at introducing prediction-market intelligence to a broader base of institutional investors. This reflects growing interest in event-driven financial signals across global markets. Tradeweb–Kalshi Deal Signals Growing Institutional Demand for Forecast Data Under the arrangement, Tradeweb will integrate Kalshi’s event-based probability data into its electronic trading […]
Prediction Markets
February 20, 2026
US Federal Reserve Acknowledges Kalshi as a Strong Forecasting Tool
The US Federal Reserve Board has admitted that Kalshi is a reliable tool for economic forecasting. In its latest report, the board analyzed the matter and suggested a few reasons why prediction markets like Kalshi are better than traditional polling, at least in certain aspects. However, the board added that prediction markets are not ready […]
Prediction Markets
February 20, 2026
Kalshi Wins Key Ruling on Sports Event Contracts in Tennessee
Kalshi has finally scored a legal win on Thursday, February 19, 2026, after a long string of court setbacks. A federal judge in Tennessee made it clear: the company’s sports event contracts qualify as swaps under the Commodities Exchange Act (CEA), allowing the prediction market operator to continue offering them. “Kalshi Has No Interest in […]
Prediction Markets
February 19, 2026
Connecticut to Require Prediction Markets to Adopt Age Restrictions and Safer Gaming Tools
As prediction markets continue to grow in popularity, Connecticut is considering new regulations. Instead of arguing whether such products constitute gambling or not, however, local lawmakers are eyeing stricter age restrictions. Prediction Markets’ Place in the Broader Gaming Sector Remains Uncertain Prediction markets are a novel form of trading where participants trade yes-no shares in […]
Prediction Markets
February 19, 2026
Polymarket Still Cares about Chinese Customer Base
China is among the countries to have turfed out Polymarket, deeming the company to be offering a product that is too closely aligned with traditional gambling. Polymarket Not Backing Down from China Now, though, Polymarket’s Justin Wang has confirmed that the company is still taking care of registered Chinese customers and maintaining services for the […]
Prediction Markets
February 18, 2026
Novig Secures $75M in Series B Funding Round
Novig, a fast-growing sports trading platform designed with the sports fan in mind, announced the closure of a Pantera Capital-led Series B funding round. The extra money will allow Novig to grow its platform and introduce improvements that set it apart from the competition. The Company Secured $75M to Grow Its Predictions Platform In its […]