Prediction Markets
May 1, 2026
The AP Picks Gambler Addicts on Prediction Markets: It’s The Same
Prediction markets bill themselves as a superior product to sportsbooks, and when you prod them over who should regulate them, the platforms usually have a firm response: the CFTC, since they are a financial instrument, not, say, sports betting markets. AP Digs into Prediction Markets and How Gambling Addicts Respond to Them But when the […]
Prediction Markets
May 1, 2026
“Not a Sportsbook”, Still…Kalshi Ranks Among Top US Sportsbooks
As Kalshi continues not to identify as a sports wagering company, the debate over the topic continues. Recent March data from Eilers & Krejcik Gaming (EKG) shows the prediction market platform is currently competing with some of the biggest names in US online betting, adding more fuel to the fire. Last month, says the boutique […]
Prediction Markets
May 1, 2026
US Senate Blocks Members from Betting on Event Markets
The US Senate has moved to tighten ethical standards by prohibiting its own members and staff from taking part in prediction markets, a growing sector where users wager on the outcomes of real-world events. The new rule takes effect right away and reflects mounting concern in Washington over potential misuse of privileged information. Senate Acts […]
Prediction Markets
April 30, 2026
Political Event ETFs Could Launch as Early as May
While American lawmakers are struggling to obtain tighter rules on prediction markets, exchange-traded funds (ETFs) connected to political event contracts are on the verge of reaching the market, and it’s sooner than you think. Namely, next week, according to Roundhill Investments’ filed Form N-1A, and they’re not alone. Six EFTs, Underway The 2018-founded SEC-registered investment […]
Prediction Markets
April 29, 2026
CFTC Strikes Back After Wisconsin Takes Action Against Prediction Markets
Wisconsin just called prediction markets “illegal gambling,” becoming the latest state to take a stance against the rapidly growing industry. In response, the Commodity Futures Trading Commission (CFTC) has initiated a lawsuit against the state, arguing that it is overstepping its regulatory authority. The CFTC Would Sue Anyone Interfering with Federal Law Just after Wisconsin […]
Prediction Markets
April 29, 2026
Ohio Moves to Treat Prediction Markets Like Sports Betting
New laws in Ohio could change the way prediction market platforms work in the state, especially those that offer contracts based on sporting events. Ohio Moves to License and Tax Sports Event Contract Trading The proposal filed under Senate Bill 430 wants to officially call trading on contracts for sports events a type of sports […]
Prediction Markets
April 29, 2026
Iowa Moves Forward with Plan to Tax Prediction Markets
A proposal to tighten control over prediction market platforms is gaining support in Iowa, where state lawmakers are trying to bring the rapidly growing industry under a formal regulatory framework. Lawmakers Push Costly Framework for Prediction Platforms in Iowa The new bill, Senate File 2470, has just passed the House subcommittee, which is another step […]
Prediction Markets
April 28, 2026
Minnesota Senate to Consider Prediction Markets Ban
Minnesota has become the latest state to attempt to ban prediction markets on a state level, to the Commodity Futures Trading Commission’s dismay. This comes after Kalshi said that a local lawmaker had used event contract apps to make predictions about his own political race. Prediction Markets Remain a Point of Contention Prediction markets are […]
Prediction Markets
April 28, 2026
US Gaming Groups Intensify Push Against Prediction Markets
Two of the most powerful organizations in the American gaming sector are stepping up efforts in Washington to curb the rapid expansion of sports-related prediction markets, arguing that the trend threatens established regulations and state authority. IGA, AGA Step Up Joint Campaign Targeting Prediction Platforms The Indian Gaming Association (IGA) and the American Gaming Association […]
Prediction Markets
April 27, 2026
Wisconsin Calls Out Prediction Markets as ‘Illegal Gambling’
Prediction market platforms are accustomed to challenges, and the latest lawsuits filed by the Wisconsin Department of Justice are no exception. The state has targeted prediction market platforms, arguing that they facilitated and specifically enabled “illegal sports gambling.” Wisconsin Becomes the Latest State to Call Prediction Markets Illegal Gambling The crux of the argument is […]
