Prediction Markets
February 25, 2026
Senators Urge CFTC to Rein In Prediction Markets Tied to Problematic Topics
A growing group of US lawmakers who support more rigorous controls on prediction market platforms believes that certain contracts create significant dangers to public safety and public health. On February 23, a group of Senate Democrats sent a formal letter to Michael Selig, chairman of the Commodity Futures Trading Commission (CFTC), demanding clearer boundaries on […]
Prediction Markets
February 24, 2026
France Becomes Next European Country to Condemn Prediction Markets
In a LinkedIn post, France’s National Gaming Authority (ANJ) has issued an official warning regarding prediction markets, deeming them illegal gambling. ANJ Says Prediction Markets Sites Are Illegal Gambling The post opens by commenting on the success of prediction market platforms and their growth, particularly since the 2024 US presidential election. It stated that by […]
Prediction Markets
February 24, 2026
AGA President Claims CFTC Should Not Be in Charge of Gambling, Prediction Markets
Bill Miller, President and CEO of the American Gaming Association (AGA), has recently criticized Michael Selig and the Commodity Futures Trading Commission (CFTC) for the latter’s push for federal agencies to regulate sports betting, gambling, or prediction markets. Bill Miller Says States Should Be the Ones Regulating Gambling Miller was a guest on analyst Steve […]
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 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 […]
Legal
February 18, 2026
Nevada Sues Kalshi in Escalating Battle over Sports Event Contracts
Kalshi’s efforts to establish itself as a nationwide sports event contract operator have hit a wall in Nevada, where state regulators have launched a fresh legal challenge to restrict the platform. On Tuesday, the Nevada Gaming Control Board filed suit to block the New York-based company from offering contracts tied to professional and collegiate sports. […]
