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
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 […]
Sports
February 26, 2026
Analyst Squashes Fearmongering about Prediction Markets Killing Sports Betting
Under the onslaught of prediction markets, trade groups, operators, and analysts have all raised concerns about the future of the traditional sports betting business model. Prediction Markets Not Here to Kill Sportsbooks Regulators are suing prediction markets and accusing them of masquerading as financial products when they tend to emulate sports betting. According to at […]
Prediction Markets
February 26, 2026
Kalshi Sues Utah Officials in Preemptive Effort Against Prediction Market Crackdown
Prediction platform Kalshi has opened a fresh challenge in federal court to prevent what it believes will be swift enforcement action by Utah officials. The legal dispute mirrors similar lawsuits in other states and aims to determine which entity has jurisdiction over the fast-growing world of event-based trading. Kalshi is seeking an injunction to prevent […]
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 […]
