Prediction Markets
April 14, 2026
Robinhood Won’t Offer Certain Event Contracts Amid Concerns of Insider Trading
American financial services company Robinhood Markets, Inc. reaffirmed that it will not offer certain event contracts to its clients as a response to concerns about possible insider trading and manipulation. Robinhood Limits Prediction Markets Offerings Robinhood established its reputation by opening up stock and options trading to everyday investors, and prediction markets are now emerging […]
Prediction Markets
April 14, 2026
Hong Kong Abandons Basketball Betting Due to Prediction Markets Proliferation
Hong Kong has officially abandoned its plans to legalize basketball betting, citing concerns related to the emerging prediction markets sector as the reason. While the possibility of introducing basketball betting at a later date could still be there, officials said that they wish to see how prediction markets affect the region. Hong Kong Gives Up […]
Industry
April 13, 2026
US Lawmakers Push to Tighten Rules on Prediction Markets
A group of Democratic lawmakers is urging federal regulators to strengthen oversight of prediction market platforms following controversial wagers tied to US military operations. US Lawmakers Raise Concerns Over Bets on Military Events In a letter sent on April 6 to the head of the Commodity Futures Trading Commission (CFTC), seven members of Congress raised […]
Sports
April 13, 2026
US Senator Wants Major Leagues to Provide Information about Gambling Partnerships
The US Senator behind some of the most ambitious legal frameworks, aimed at prediction markets and beyond, Richard Blumenthal, has now sent an official letter to all major sports leagues in the country, requesting a detailed breakdown of their current partnerships with gambling entities. Senator Asks Major Sports League to Provide Info on Gambling Partnerships […]
Prediction Markets
April 10, 2026
US District Judge Allows Arizona to Press Criminal Charges Against Kalshi
In a ruling on Wednesday, US District Judge Michael Liburdi rejected a request by prediction market operator Kalshi to prevent Arizona prosecutors from proceeding with a criminal case. Judge Liburdi also declined Kalshi’s request for a determination that federal law overrides Arizona’s gambling laws. Judge Liburdi Denies Kalshi’s Request Arizona Attorney General Kris Mayes’s Office has […]
Prediction Markets
April 10, 2026
Washington AG Nick Brown Argues the Case Against Prediction Markets
Washington AG Nick Brown has repeatedly attacked prediction markets, and as recently as last month, he targeted Kalshi, a prediction market platform, in a fresh lawsuit alleging that the company is skirting gambling statutes to offer the same product without the red tape and prerequisite oversight. Washington Is Still Not Closer to Restricting Kalshi What […]
Prediction Markets
April 10, 2026
Prediction Markets Set for $1.1T Sports Betting Opportunity in US
A new report from Bank of America suggests that prediction market platforms could tap into a massive opportunity in the United States, with sports-related event contracts reaching $1.1 trillion in annual trading volume over time. Kalshi Dominance Fuels Surge in US Prediction Market Growth The estimate reflects the broader potential of the market rather than […]
Prediction Markets
April 9, 2026
Ceasefire Predictions Spark Concerns About Polymarket Insider Trading
Prediction markets continue to be a divisive topic, with many criticizing the sector due to its similarities to gambling, lax regulatory oversight and potential opportunities for insider trading. New data sparked further concerns as analysts learned that dozens of new accounts bought “yes” shares in an Iran ceasefire ahead of its announcement by the American […]
Prediction Markets
April 9, 2026
Betfair Tests New Prediction Platform Amid Regulatory Debate
Betfair has begun to experiment with a new product focused on prediction-style markets, signaling its intention to expand beyond traditional exchange betting. The feature labeled “Betfair Predicts,” is being tested with a limited number of invited users as part of an early-stage rollout. Trial Feedback Highlights Demand for Prediction-Based Trading The concept introduces a different […]
Prediction Markets
April 8, 2026
Kalshi to Feature in Fox News Broadcasts with Prediction Data
Kalshi’s expansion across traditional and digital media continues, with the company signing up yet another high-profile deal with FOX News. The deal follows in the same footsteps of agreements already signed with the likes of CNN and CNBC. Even the Associated Press teamed up with Kalshi recently. Kalshi Teams up with FOX to Boost Reach […]
