Tagged: prediction markets

Crypto.com Enables High Roller Technologies to Enter US Prediction Markets Sector

High Roller Technologies (NYSE: ROLR) has entered a partnership with Crypto.com to tap into the booming U.S. prediction markets sector, a space with estimated annual trading volumes potentially surpassing $1 trillion once mature. Announced recently this month, the deal positions the online casino operator for… Read More

Ohio Regulator Signals $5M Penalty Against Prediction Markets Platform Kalshi for Unlicensed Operations

Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine, marking a sharp escalation in the state’s crackdown on unlicensed sports-related trading. The Ohio Casino Control Commission (OCCC) issued the notice Tuesday afternoon to KalshiEX… Read More

CFTC Gets First Win in Legal Battle Against States Challenging Prediction Markets

The Commodity Futures Trading Commission (CFTC) received an early win in its battle with certain states that are challenging federal oversight of prediction marketplaces. A group of different states are pursuing prediction markets like Kalshi and Polymarket arguing they should be regulated under state gaming… Read More

Nevada Judge Prolongs Restriction on Kalshi’s Prediction Market Operations

A Nevada judge has extended an order blocking prediction market platform Kalshi from allowing residents to trade contracts tied to sports and other events unless the company first obtains a state gaming license. The decision, issued on April 3 in Carson City, marks a notable… Read More

Paradigm Explores Deeper Role in Prediction Markets with Pro Trader Platform and Liquidity Support

Venture capital firm Paradigm is poised to expand its footprint in the rapidly expanding prediction markets sector by developing a dedicated trading terminal tailored for sophisticated participants. According to sources cited by Fortune, the firm—already a significant backer of leading platforms in the space—is crafting… Read More

CFTC Sues States Gunning for Prediction Markets: Will Continue to Safeguard Exclusive Regulatory Authority

The Commodity Futures Trading Commission (CFTC) is poised to do battle with several states that have challenged prediction market platforms. The CFTIC filed suit today, challenging the legal actions of Arizona, Connecticut, and Illinois against CFTC-registered designated contract markets. The CFTC stated: “Congress long ago… Read More

Kalshi Advances Margin Trading Capabilities with Key Regulatory Milestone

Prediction marketplace Kalshi says it has achieved a key licensing victory that brings leveraged trading on event contracts one step closer to reality. The development positions the company to appeal more strongly to professional traders and institutional investors seeking greater capital efficiency in speculative markets…. Read More

Binance to Introduce Prediction Markets Feature in Crypto Wallet App via Predict.Fun

Binance is set to introduce a new prediction market capability directly within its cryptocurrency wallet application, leveraging the decentralized platform Predict.Fun to expand user engagement with event-based trading. This upcoming feature will enable participants to speculate on the likely results of various real-world and digital… Read More

CFTC to Defer to Sports Leagues as NFL Pushes for Stricter Prediction Market Rules

The National Football League (NFL) is pressing prediction market platforms to halt certain high-risk event contracts, prompting the Commodity Futures Trading Commission to signal it will largely follow the leagues’ lead on what constitutes acceptable trading. In letters sent to CFTC-registered operators this week, the… Read More

Democrats Tell CFTC to Stop Insider Trading by Federal Employees on Prediction Markets

A group of Democratic politicians has joined to demand that the Commodity Futures Trading Commission (CFTC) stop federal employees from engaging in “insider trading” on prediction markets. Led by Senators Elizabeth Warren, Amy Klobuchar, Jeff Merkley, and Representatives Maxine Waters and Angie Craig, the group… Read More

California Prohibits State Officials from Insider Trading on Prediction Market Platforms

California Governor Gavin Newsom has taken decisive action to safeguard public integrity by issuing an executive order that explicitly forbids state appointees from exploiting confidential information for financial gain on prediction market platforms. Signed on March 27, 2026, the directive immediately reinforces longstanding ethics standards… Read More

NYSE Parent ICE Invests $600 Million in Polymarket, Indicating Sharp Focus on Prediction Markets

Intercontinental Exchange (ICE), the firm behind the New York Stock Exchange and a global enabler of financial market infrastructure, has signaled strong conviction in the future of prediction markets with a major new capital commitment. The company has now injected $600 million in direct cash… Read More

Polymarket to Impose Taker Fees on Nearly All Trading Categories

Decentralized prediction markets platform Polymarket has unveiled a major policy shift: starting March 30, it will impose taker fees on nearly all trading categories for the first time. The new structure introduces variable rates that peak at 1.8 percent for crypto-related contracts, with effective fees… Read More

Kalshi, Polymarket Executives Announce Investments in Prediction Markets Venture Capital Fund

In a somewhat surprising twist amid fierce industry competition, the leaders of two top prediction market platforms have pooled resources to back a specialized venture capital fund. Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan are key investors in 5c(c) Capital, a new firm… Read More

Nevada Court Issues Short-Term Ban on Kalshi Prediction Market Platform

The state of Nevada has achieved a significant legal victory in its efforts to regulate online prediction markets, securing a temporary restraining order against Kalshi. News outlets such as Wired, along with commentary from gambling focused legal expert Daniel Wallach, have highlighted this recent court… Read More

Prediction Market Platform Kalshi Secures $1B+ in New Funding, Reaching $22B Valuation

Prediction market platform Kalshi Inc. has completed a substantial new financing round, pulling in more than $1 billion and elevating its overall company worth to $22 billion. This development, shared by individuals close to the transaction, represents a striking leap forward for the innovative fintech… Read More

Arizona Attorney General Charges Kalshi with Illegal Gambling Operation

Arizona Attorney General Kris Mayes has filed charges against prediction marketplace Kalshi. The battle between the new form of betting and state oversight has been simmering for some time. According to a release issued by the AG, the state alleges that Kalshi accepted bets from… Read More

Michael B. Jordan Holds Significant Lead on Polymarket, Kalshi for Best Actor Oscar

Michael B. Jordan currently holds a solid lead regarding the Oscar for Best Actor on the two top prediction markets, Polymarket and Kalshi. As it stands right now, Jordan is at 58% on Kalshi ($17 million+ in volume) and 59% on Polymarket ($11 million+). Eating… Read More

Kalshi, Polymarket Reportedly Eye New Funding Rounds at $20B Valuations

Kalshi and Polymarket, which are now the two leading prediction market platforms, are independently exploring fresh capital raises that could push their valuations close to $20 billion each, according to a recent Wall Street Journal report. The discussions, still said to be in their earliest… Read More

DriveWealth Teams Up with Kalshi to Broaden Reach of Prediction Markets

DriveWealth, a provider of brokerage infrastructure, has revealed a strategic alliance with Kalshi, a key player focused on regulated prediction trading. This collaboration, unveiled on February 26, 2026, seeks to incorporate Kalshi’s specialized contracts tied to real-world occurrences into DriveWealth’s application programming interface (API)-driven trading… Read More

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