Prediction Markets
February 12, 2026
Dina Titus Bill Takes Aim at Sports Contracts on Prediction Markets
Nevada Representative Dina Titus has introduced federal legislation to stop prediction market platforms from offering contracts linked to sporting events and casino-style outcomes. This move has sparked a heated debate about how to regulate these products. Titus Pushes Crackdown on Sports-Linked Prediction Contracts The proposed Fair Markets and Sports Integrity Act would ban regulated exchanges […]
Prediction Markets
February 11, 2026
Kalshi Faces Renewed Scrutiny in Its Tennessee Legal Battle
Kalshi’s efforts to continue offering sports prediction contracts in Tennessee have encountered a new obstacle as renewed skepticism in federal court may threaten the platform’s nationwide ambitions. Recent proceedings in the dispute between Kalshi and the Tennessee Sports Wagering Council highlighted that the court remains unconvinced that betting on game outcomes falls under federal derivatives […]
Industry
February 11, 2026
Tribal Leaders Sound Alarm over Sweepstakes and Sports Prediction Markets
Tribal leaders gathered in Washington this week to discuss the opportunities and challenges facing Indian gaming. Such activities continue to be an effective economic development tool for tribal governments, generating a steady source of income for their communities. Gambling revenue is crucial for essential services, including health clinics, schools, housing, and elder care. Tribes Argue […]
Prediction Markets
February 11, 2026
Kalshi’s Ambiguity About Cardi B’s Super Bowl Performance Leads to CFTC Letter
Fans and bettors have spent many millions around Super Bowl Sunday on Kalshi’s prediction markets. A lot of that money came from non-game trading, with more than $100 million exchanged just on the market for the halftime show’s opening song. However, traders who wagered $4.4 million on whether Cardi B would “perform” during the show […]
Legal
February 11, 2026
Nevada Considers Civil Enforcement Action Against Kalshi
Nevada’s war on prediction markets continues with mulled legal action against Kalshi, one of the forerunners in this sector. This comes shortly after Nevada reported its post-PASPA low in terms of Super Bowl betting. Nevada’s Fight Against Prediction Markets Rages On Nevada officials are eyeing a potential civil enforcement action against Kalshi in state court, […]
Prediction Markets
February 11, 2026
Kalshi Says It Took in $1.2B in Trades on the Super Bowl
At a time when the American Gaming Association optimistically projected around $1.76 billion in sports bets placed on the Super Bowl, Kalshi – a major prediction market platform – has completely exceeded expectations, once again reaffirming its position in the mainstream carried by sports fans. The platform said that it registered a 2,700% increase in […]
Prediction Markets
February 11, 2026
NCPG Asks Prediction Markets to Highlight National Gambling Helpline
The National Council on Problem Gambling (NCPG) has asked prediction market operators who serve US customers to highlight the National Problem Gambling Helpline. The NCPG warns that these platforms carry risks like traditional betting products. Prediction Market Growth Raises Gambling Harm Concerns, NCPG Warns On February 9, the nonprofit’s board of directors passed a resolution. […]
Prediction Markets
February 9, 2026
Sporttrade Seeks Federal Approval to Enter the Prediction Markets Scene
Sporttrade filed documents with the Commodity Futures Trading Commission (CFTC) to seek designation as a contract market (DCM), meaning that if approved, the company would gain the same status as prediction markets like Kalshi and Polymarket. Sporttrade Makes Bold Move Towards Prediction Markets The prediction market industry has seen rapid growth over the past year, […]
Prediction Markets
February 9, 2026
Giannis Antetokounmpo Invests in Kalshi, Gives Vote of Confidence
Prediction markets are surging in popularity, with Kalshi, Polymarket, and Crypto.com seeming determined to remain in the United States while expanding their sports event contracts. Legal pushbacks in Nevada and elsewhere have not been enough to depress consumer interest, nor, it appears, investment from popular sports figures. The latest to join Kalshi as an investor […]
Prediction Markets
February 9, 2026
Kalshi App Gains Ground on Sportsbooks Before Super Bowl
A newcomer to the sports betting scene has jumped into the limelight right before the year’s biggest game. Kalshi, a small-time player next to big-name sportsbooks, saw a big jump in people downloading its mobile app in January. It was ahead of well-known brands like DraftKings and FanDuel as the Super Bowl got closer. Kalshi […]
