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 […]
Prediction Markets
February 6, 2026
NFL Takes U-Turn as It Warms Up to Prediction Markets
The NFL, which staunchly rejected prediction markets, is now seemingly warming up to the idea, at least according to one of its top dogs. The same person, who previously said that he was troubled by event contracts’ existence, is now curious about their long-term potential as a “fan engagement tool.” NFL Representative Says Event Contracts […]
Prediction Markets
February 5, 2026
Kalshi and Polymarket Launch Free Grocery Marketing Stunt in New York
Kalshi and Polymarket have found a novel way to promote their platforms in New York City by turning prediction markets into pop-up grocery stores. The two companies leveraged growing food prices and affordability debates to stage their eye-catching promotions. While the free groceries on offer seemed to carry no strings for visitors, the promotions have […]
Prediction Markets
February 5, 2026
Kalshi Disputes Report Claiming That Prediction Markets Users Lose Money Faster
A recent report by a Wall Street analyst suggested that regular prediction market users lose money faster than their traditional sports betting peers. Needless to say, Kalshi wasn’t exactly pleased. The Report Said Prediction Markets Favor Pro Traders The initial report was the brainchild of Citizens analyst Jordan Bender and cited betting data to suggest […]
