Gambling News - 'Prediction markets'
Prediction Markets
March 27, 2026
Kalshi Receives $800M in Trades on March Madness in First Week
March Madness is bringing in a record betting handle from legal and regulated operators, the American Gaming Association recently said, but prediction markets are also taking a huge chunk of the pie. Kalshi Picks Up Steam During College Season According to reports by Bloomberg, Kalshi, arguably the leader in the space, managed to bring in […]
Prediction Markets
March 27, 2026
Massachusetts Congressman Bars Staff from Betting on Political Events
A Massachusetts congressman has drawn a red line forbidding his staff from participating in the growing prediction market sector. Seth Moulton announced this week that employees in his office are barred from accessing prediction market platforms such as Kalshi and Polymarket. The policy applies to all staff members, ranging from legislative aides to communications staff, […]
Prediction Markets
March 26, 2026
Analysts See Coexistence Between Prediction Markets and Traditional Sportsbooks
Prediction markers are on the rise, drawing significant attention across the betting landscape. Analysts believe these new platforms will not pose immediate challenges for traditional sportsbooks as regulated operators like DraftKings and FanDuel continue to maintain their core customer base. However, while casual bettors largely remain disinterested, experienced players are testing new opportunities. Prediction Markets […]
Prediction Markets
March 26, 2026
Members of Congress to Be Banned from (Certain) Prediction Markets
A new piece of legislation has been pitched in Congress, with Rep. Nikki Budzinski seeking to have herself and fellow lawmakers restricted from prediction markets – or at least certain prediction markets. Prediction Markets and Members of Congress Targeted in the Same Bill The bill, aptly called the PREDICT Act, will seek to bar members […]
Prediction Markets
March 26, 2026
Malta Eyes First EU Rules for Prediction Markets
Malta is considering a new regulatory step that could place it at the forefront of an expanding digital finance segment. The government has begun its assessment of how to introduce a legal framework for prediction markets, a sector that has momentum and draws increasing attention from investors and regulators. Malta Explores Regulating Prediction Markets to […]
Prediction Markets
March 25, 2026
Polymarket Introduces New Rules Against Insider Trading
Polymarket has introduced updated market integrity rules for both its DeFi platform and its CFTC-regulated US exchange, aiming to curb insider trading amid growing scrutiny over whether some participants use privileged information to gain an advantage when betting on events. Polymarket Hopes to Curb Insider Trading The updated guidelines impose tighter restrictions on insider trading […]
Prediction Markets
March 24, 2026
Study Says Prediction Markets Users Lose Money Faster than Sports Bettors
A new report by Citizens Equity Research analyst Jordan Bender, based on anonymized wallet data from tracking platform Juice Reel, finds that retail users on prediction market platforms are performing worse than those betting through legal US sportsbooks. Study Shows Prediction Markets Users Lose More The report found that the median return on investment for […]
Prediction Markets
March 23, 2026
Bipartisan Senate Bill Targets Prediction Markets
Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) plan to introduce legislation aimed at companies such as Kalshi and Polymarket, which are currently regulated by the Commodity Futures Trading Commission (CFTC). This marks the first bipartisan Senate effort specifically targeting prediction markets. Senators Propose Bill Targeting Prediction Markets The proposal would bar CFTC-regulated entities from offering […]
Prediction Markets
March 23, 2026
Nevada Halts Kalshi Operations in Landmark Court Move
A Nevada court has ordered online prediction platform Kalshi to suspend its activities in the state for at least two weeks, marking a major escalation in the growing clash between regulators and prediction market operators in the United States. Nevada Court Blocks Kalshi in 14-Day Restraining Order The ruling issued by the First Judicial District […]
Prediction Markets
March 20, 2026
Polymarket Opens News Bar in DC With Live Betting Buzz
Polymarket is once again making headlines, this time with a new idea in Washington, DC. The company’s latest social media announcement says it will open a place called “The Situation Room,” a bar where people can grab a drink, follow the news, and place trades on current events. “Grand Opening This Friday” “We’re excited to […]