Prediction Markets
March 13, 2026
Utah’s Governor Unlikely to Back Out of Banning Prediction Markets
Gov. Spencer Cox of Utah has publicly stated that prediction markets allow every young person to have a “portable casino” in their pocket, announcing his opposition to the sector. The governor comes from a conservative state where gambling is outlawed as a whole, and where attempts to offer any form of it are frowned upon. […]
Prediction Markets
March 13, 2026
CFTC Begins New Regulatory Push for Prediction Markets
The US Commodity Futures Trading Commission (CFTC) has taken initial steps to create a regulatory framework for prediction markets, launching a rulemaking process while issuing fresh guidance for companies operating these platforms. CFTC Opens Consultation on Rules for Prediction Markets The agency announced the move on March 12, opening a public consultation that will help […]
Prediction Markets
March 12, 2026
US Tribes Discuss the Dangers of Prediction Markets at UINO Meeting
America’s tribal leaders have once again rejected the divisive prediction markets sector, calling for the government to protect tribal sovereignty from the rapidly growing vertical. Speaking at the United Indian Nations of Oklahoma (UINO) March quarterly meeting, representatives of various tribal organizations reaffirmed that event contracts threaten the very foundations of tribal gaming. Tribal Operators […]
Business
March 11, 2026
Genius Sports to Continue Investment in Sports Firm Legend and Prediction Markets
Sports technology company Genius Sports has recently released its FY25 financial results, reporting group-wide revenue growth of 31%, rising from $510 million the previous year to $669.6 million. The company expects to exceed $1 billion in revenue by the end of 2026 following its acquisition of sports content and media firm Legend earlier this year, […]
Prediction Markets
March 11, 2026
Ohio Judge Says Kalshi Is Gambling – Orders It to Stick to the Law
Kalshi is waddling through the familiar quagmire that has judges and regulators second-guessing the nature of its products. Is it a platform offering financial products and trades regulated under the Commodity Futures Trading Commission, or is it a covert form of gambling, as trade group Gambling Is Not Investing insists? Kalshi Faces Another Legal Setback […]
Sports
March 11, 2026
Youngsters Use Sports Betting and Prediction Markets as Financial Shortcuts
Even as half of Americans report feeling financially secure this year, a growing number of young adults have begun seeking quicker paths to wealth through high-risk ventures such as sports betting, cryptocurrencies, and prediction markets. That’s according to Northwestern Mutual’s newly released 2026 Planning & Progress Study, which looks at financial behaviors and attitudes across […]
Prediction Markets
March 11, 2026
Polymarket Teams Up With Palantir to Strengthen Sports Market Oversight
Polymarket has unveiled a partnership with technology firm Palantir Technologies and artificial intelligence specialist TWG AI to develop a sophisticated monitoring system designed to safeguard sports-related prediction markets. The initiative aims to boost transparency and detect irregular trading behavior as the sector faces growing scrutiny from regulators and sports organizations. Polymarket Deploys AI Surveillance to […]
Prediction Markets
March 10, 2026
Experts Warn Prediction Market Disputes May Reach Supreme Court
The nation’s highest court may decide the future of prediction markets in the United States as disputes between states, platforms, and federal regulators leave the sector shrouded in uncertainty. Industry experts speaking at the NEXT Focus: Emerging Verticals conference in New York this week said the fast-growing sector is on a collision course with the […]
Prediction Markets
March 10, 2026
Kalshi Expands to Brazil with Brokerage Firm XP
Bloomberg has reported that Kalshi is now expanding further afield in Brazil, following an interview with company co-founder Luana Lopes Lara and the media outlet. Kalshi Delivers on Promise to Expand Further Globally The partnership is part of the company’s broader expansion strategy that will rely on established financial partners overseas rather than seek to […]
Business
March 9, 2026
Underdog Acquires Aristotle Exchange to Launch Event Contracts on Its Own
Underdog, an up-and-coming US sports business, confirmed that it has acquired the Aristotle Exchange DCM and Aristotle Exchange DCO. The first of these two businesses is a designated contract market (DCM), while the other is a derivatives clearing organization (DCO). Underdog to Offer Event Contracts Under Its Own Exchange According to the announcement, the acquisition […]
