Industry
January 27, 2026
Better Markets Director Dubs Kalshi, Polymarket Unregulated Gambling Sites
Better Markets is a non-profit and independent organization founded in the wake of the 2008 financial crisis with a mission to promote interest in financial matters among the general population. Recently, its director of securities policy, Benjamin Schiffrin, commented on prediction markets platforms such as Kalshi and Polymarket, saying they are outright casinos. Better Markets’ Schiffrin […]
Sports
January 27, 2026
AGA Sees OpenBet, Sportradar Quit Possibly over Prediction Markets
The American Gaming Association (AGA) finds itself in a rough spot. On the one hand, the trade group has always maintained, critically with the key of its members, that the interests of the gambling industry in the United States are well aligned with economic, societal, and political goals. AGA Sheds Two More Members as Prediction […]
Sports
January 27, 2026
PrizePicks Launches Prediction Markets in California
PrizePicks has launched a new prediction market offer in the state of California, with the company looking to scale up its presence in this prominent space, which has attracted interest from giants such as DAZN, MLS, and even the President of the United States. PrizePicks Goes Ahead with Prediction Market in California As sports gambling […]
Industry
January 27, 2026
Kalshi Taps Former Biden Administration Insider to Lead in DC
Kalshi has recently had a close brush in the United States, where the company narrowly avoided having its sports event contracts shut down last Friday, when a judge who previously agreed that the platform’s products are not just financial tools said he would need more time to deliberate and arrive at a decision. Kalshi Brings […]
Industry
January 26, 2026
Ohio Becomes the Latest State to Cite MA Ruling in Its Battle Against Kalshi
A recent development in Massachusetts seems to have set a precedent in US regulators’ fight against the rapidly growing prediction markets space. The ruling, which was cited by regulators in several states, has now also been cited in the Ohio Casino Control Commission’s (OCCC) clash with prediction market providers. The Tides of Battle May Be […]
Industry
January 26, 2026
Iowa Targets Prediction Markets with Steep Fees and New Taxes
Iowa lawmakers have put forward a far-reaching plan that would change how prediction market platforms work in the state. Senate File 2085 aims to bring these booming trading services under state control, adding expensive licensing rules, a new tax system, and big changes to how the state taxes trader earnings. Iowa Looks to Boost State […]
Industry
January 23, 2026
Robinhood Seeks Federal Protection as Massachusetts Targets Sports Prediction Markets
Robinhood has launched a legal maneuver to protect itself from Massachusetts regulators. The company has asked a federal judge to prevent the state from enforcing gaming regulations on its growing sports prediction business. The filing closely follows a Massachusetts court ruling allowing enforcement action against Kalshi, placing prediction platforms aiming to operate in the state […]
Legal
January 22, 2026
Kalshi Setback in MA Emboldens Nevada, Reinvigorating Efforts Against Polymarket
Kalshi’s recent setbacks in Massachusetts have emboldened Nevada authorities to double down on their pushback against prediction markets operators Kalshi and Polymarket. This comes amid a broader pushback against the sector and ongoing discourse about the legality of event contracts. Kalshi Suffered a Huge Setback in Massachusetts The prediction markets sector has quickly become the […]
Sports
January 21, 2026
Kalshi Dealt Setback in Court, Blocked from Offering Prediction Markets in MA for Now
Kalshi has been dealt a setback in Massachusetts, with Suffolk County Superior Court Judge Christopher Barry-Smith siding with Attorney General Andrea Campbell, who requested an injunction against the prediction market platform in September. Kalshi Set to Appeal Injunction Against Its Business in Massachusetts The injunction will go into effect on Friday, January 23, and it […]
Sports
January 21, 2026
Polymarket Shown the Door in Portugal Over Heightened Political Betting Activity
The Portuguese Presidential election on Sunday saw the center-left party of António José Seguro triumph over the far-right, but the runoff ballot is yet to be decided on February 8, when André Ventura, the populist anti-globalist, will have his chance. Apart from the fateful election, Portugal has been caught by another aspect of it – […]
