Prediction Markets
March 4, 2026
Addictive By Design? Prediction Markets Could Face Legal Problems
Prediction market operators frequently call themselves providers of financial services, something that critics disagree with, pointing out to the fact that they function more like gambling platforms. Generally put, the way legal courts react to these “yes/no” exchanges is likely to significantly shape potential legal responsibilities for the industry. However, J&Y Law experts like founder […]
Prediction Markets
March 4, 2026
Nevada Judge Clears Path for Action Against Prediction Markets
A federal court in Nevada has given state regulators a significant opening in their efforts to curb prediction market platforms that operate within its borders. Nevada Judge Sends Kalshi, Polymarket Cases Back to State Court In twin rulings issued Monday, the US District Court for the District of Nevada determined that disputes involving Kalshi and […]
Prediction Markets
March 4, 2026
NASDAQ Asks SEC for Prediction Markets Style Go-Ahead on Financial Products
NASDAQ may soon enter the prediction market space, with the seminal stock exchange filing the necessary paperwork with the US Securities and Exchange Commission (SEC) in a bid to secure the regulatory go-ahead. The company is planning to offer prediction market products for products on the Nasdaq 100 and Nasdaq 100 indices, with NASDAQ seeking […]
Prediction Markets
March 3, 2026
DraftKings Unveils Super App to Unite Sportsbook, Casino, and Prediction Markets
DraftKings is preparing to merge all of its existing products into a single platform. The operator unveiled its plans for a “Super App” that will combine sportsbook, casino, lottery, and event-based prediction contracts under one roof. The integration of the new platform, branded DraftKings Sports & Casino, will begin ahead of March Madness, with additional […]
Prediction Markets
March 3, 2026
Kalshi Intensifies Lobbying Efforts in New York in Response to 3 New Bills
Kalshi has ramped up its lobbying efforts in New York as lawmakers consider several bills that would place prediction markets under state oversight. The federally regulated exchange registered to lobby in New York on February 21. State filings show Kalshi signed a $10,000-per-month agreement with the Albany firm Brown Weinraub to monitor and engage with […]
Prediction Markets
March 3, 2026
Kalshi Taps Associated Press for Election Data
Kalshi is continuing to expand its media partnerships, this time teaming up with the Associated Press (AP) and tapping the news agency’s vast data resources to help improve its US election tracking and markets. Kalshi, hailed as the world’s biggest prediction market platform, will now draw from AP vote count data and race calls specifically, […]
Prediction Markets
March 3, 2026
Gambling Is Not Investing Coalition Launches Anti-Prediction Market Crusade
Rep. Mick Mulvaney, who is a well-seasoned political veteran and an experienced gambler, has launched the Gambling Is Not Investing coalition designed to take on the advance of prediction markets in the United States. As the name of the project suggests, the former Trump chief of staff is not too excited about what prediction markets […]
Prediction Markets
March 3, 2026
Prediction Markets Face Scrutiny After Iran Leader’s Death Bets
The killing of Iran’s Supreme Leader Ali Khamenei has ignited political backlash and regulatory concern in the United States after traders on prediction platforms speculated on his removal from power before the attack. US Lawmakers Probe Prediction Markets After Iran Strike Bets Lawmakers and analysts now question whether such markets allowed indirect wagering on a […]
Prediction Markets
March 2, 2026
IGA Again Raises Alarm Over Prediction Markets and Tribal Sovereignty
The Indian Gaming Association (IGA) continues to double down on its opposition against the prediction market at a time when these companies are gaining strength and momentum, and are unlikely to be turfed out easily – or at all. Tribes Urge Action from Lawmakers Against Prediction Markets In a statement published on Friday, IGA has […]
Prediction Markets
February 26, 2026
Kalshi Drops Affiliate Badges Following X/Twitter Policy Change on Gambling
Prediction market Kalshi took down all affiliate badges on X (formerly Twitter) earlier this week after the platform updated its paid partnerships policy to bar promotional deals with accounts that share gambling and sports betting content. Kalshi Removes Affiliate Badges The company said it decided to remove the Kalshi badges despite them being quite popular […]
