Gambling News - 'Prediction markets'
Prediction Markets
May 14, 2026
Polymarket Rolls out US iOS App after Months-Long Wait
Prediction market platform Polymarket has officially opened up its US exchange to iOS users without requiring invitation codes after a long rollout period. It is a big step in the company’s return to the American market after regulatory setbacks and operational delays. Polymarket Expands US Access Following Regulatory Comeback Apple users who download the app […]
Prediction Markets
May 14, 2026
US Regulator Expands Talks With Sports Leagues Over Prediction Markets
The ongoing battle over sports prediction markets in the United States has entered a new phase after Commodity Futures Trading Commission (CFTC) chairman Michael Selig confirmed the regulator is now working directly with major professional sports leagues to strengthen oversight of the fast-expanding sector. CFTC and MLB Shake Hands Speaking during a conference hosted by […]
Prediction Markets
May 13, 2026
Senate Takes Aim at Sports Prediction Markets
Lawmakers warn that the fast-growing prediction markets industry is starting to look like unregulated sports betting, as a nascent fight for the future of prediction markets in the United States heats up. Senator Adam Schiff Raises Concerns Over Sports Contracts on Prediction Platforms Democratic US Senator Adam Schiff noted that venues that do event-based contracts […]
Prediction Markets
May 13, 2026
Kentucky Sues Kalshi Over Alleged Gambling
Kalshi, a prediction market operator, has come under fire in a new lawsuit in Kentucky, which claims that its platform enables illegal gambling across the state. Kentucky Plaintiff Seeks Damages from Kalshi Over Alleged Bets The case was filed on May 11 in the US District Court for the Western District of Kentucky by resident […]
Prediction Markets
May 12, 2026
Former Congressional Aide Questions Prediction Markets Push
A former congressional staff member who was involved in drafting the Dodd-Frank financial reform law is pushing back against the legal arguments that are currently being used to justify sports prediction markets in the United States. “Nobody Once Mentioned Sports Gambling” Amanda Fischer, currently policy director and chief operating officer at Better Markets, said Congress […]
Prediction Markets
May 11, 2026
Study Questions the Fairness of Prediction Markets
In a recent report, Hersh Shefrin of Santa Clara University’s Markkula Center for Applied Ethics examined how fair platforms like Kalshi and Polymarket really are. The report examines who holds the advantage when money is on the line and contends that the growth of prediction platforms may have outpaced existing ethical and regulatory frameworks. There […]
Prediction Markets
May 11, 2026
Prediction Markets Are More Accurate Тhan Polls, Studies Argue
For years now, prediction market providers have been the center of debate on whether they offer betting products when they sell “contracts” for real-life events, or if they offer something else entirely. While this debate will likely continue for much longer, in some cases, they have become useful for investors who use the data on […]
Prediction Markets
May 11, 2026
Campaign Staffers Profit From Election Betting Insight
A campaign staffer working on a closely contested statewide race admits they had a strong feeling something was off when an unreleased poll surfaced showing their candidate performing far better than expected. The numbers did not match internal campaign data, but the staffer quickly realized something else was shifting just as fast: the prediction markets. […]
Insider
May 8, 2026
Jemma McColgan: The Rise of Prediction Markets and What It Means for the Industry
Not so long ago, the industry buzz was all about the Metaverse; then it was sweepstakes casinos; and more recently, how artificial intelligence (AI) would influence the industry. There is always a hot topic that platforms, reviewers, and pundits coalesce around. The irony is that no one really saw the arrival and significance of prediction […]
Prediction Markets
May 8, 2026
Eyes on Minnesota: CFTC Ramps Up Battle Over Prediction Markets
The Commodity Futures Trading Commission (CFTC) has decided to show more determination in its battle against state regulators regarding the way controversial prediction markets should be tackled, legislation-wise. The commission’s next target is Minnesota, as explained by CFTC chair Michael Selig. Members will begin to closely monitor the North Star State as a result of […]