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Taiwanese authorities have restricted access to cryptocurrency exchange Coinbase and prediction market platform Kalshi over suspected breaches of election betting laws ahead of ...

Sports betting and prediction market operator Underdog has sued Tennessee after receiving a cease-and-desist letter last week from state regulators ordering it to cease prediction ...

Kalshi’s CEO has said that the battle over whether prediction markets are regulated federally or by states is instead a fight over whether the industry remains in the US or is ...

A new Reuters/Ipsos poll has found that the majority of Americans across the political spectrum oppose betting on election results offered by prediction market platforms like ...

The NBA has said that it would like to gain direct access to prediction market data to curb and regulate potential insider trading. Speaking to CNBC’s Squawk Box on Friday ...

Alabama-Quassarte Tribal Town has partnered with prediction market operator Kalshi to launch prediction market app PokkeTrades. According to The Journal Record, the Oklahoma ...

Wyoming has taken action to further restrict online casino gambling in the state after lawmakers from the state’s Select Committee on Gaming unanimously voted to introduce draft ...

Prediction market platform Kalshi has appointed former FBI special agent Sean Fern to establish and lead its anti-money laundering team. According to NPR, Fern will collaborate ...

The US Commodity Futures Trading Commission (CFTC), which oversees prediction markets, has issued a “Notice of Proposed Rulemaking (NPRM)” that aims to clarify that its ...

Korean police have reportedly begun referring individuals found to be using global prediction platform Polymarket to the recently created Prosecution Service on illegal gambling ...

US Senator Richard Blumenthal plans to question DraftKings and prediction market platforms Kalshi and Polymarket over their VIP programs and treatment of high-value customers, as ...

Canada’s Supreme Court has expressed some reservations over Ontario’s international gaming system, which allows wagers by both residents and international users. According ...

The regulation of prediction markets by state gaming regulators has taken another turn after a judge in Illinois sided with Kalshi and Polymarket, ruling that event contracts fell ...

Ohio’s gambling regulator, the Ohio Casino Control Commission (OCCC), has issued 10 cease-and-desist letters to prediction markets on 2 October, following a Sixth Circuit ruling ...

Prediction markets Kalshi and Polymarket have so far spent up to US$3 million on lobbying and campaign efforts to fight states seeking to regulate the platforms, with Kalshi being ...