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Prediction Markets

Stay up to date with the latest prediction markets news, trends and developments. Explore coverage of prediction market platforms, event contracts, sports prediction markets, regulation, market growth and the evolving relationship between prediction markets and the betting industry.

Second Circuit courthouse in New York

Second Circuit denies Kalshi New York appeal as court rulings stack up

KEY TAKEAWAYSThe Second Circuit appeals court denied Kalshi's requests for injunctions pending appeals in New York and Connecticut, as well as Coinbase's similar appeal...
Sportradar CEO Carsten Koerl

Sportradar not concerned by states shutting out prediction markets as business booms

KEY TAKEAWAYSSportradar's U.S. revenue grew 47% year over year in Q3, fueled by growing work in the prediction markets industry.CEO Carsten Koerl said he...
Kalshi New York lawsuit

New York AG takes Kalshi to court over influencer ads, ‘no house’ claims

KEY TAKEAWAYSNew York Attorney General Letitia James asked a Manhattan court to force Kalshi to comply with a Sept. 25 subpoena tied to a...
Columbus, Ohio, where Sen. Bill DeMora serves

‘It’s time’ to regulate prediction markets, Ohio senator says after federal ruling

KEY TAKEAWAYSDemocratic Ohio Sen. Bill DeMora filed bills to license and regulate sports prediction markets as sports gambling and to ban election event contracts.DeMora...
A 'road closed' sign in Illinois

Illinois appeals to Seventh Circuit after judge blocks prediction markets law

KEY TAKEAWAYSIllinois is barred from enforcing its event contracts licensing and taxation law for the time being.A federal judge granted preliminary injunctions to parties...
Prediction Markets Weekly banner image

Prediction Markets Weekly: Kalshi valued at $40bn, NFL blocks Saquon Barkley’s Polymarket deal

There can be little doubt about this week's biggest prediction markets newsmaker: the litigation war unfolding in Utah that has Kalshi's co-founders facing felony...

DraftKings, FanDuel, Fanatics retreat from Utah prediction markets amid Kalshi firestorm

KEY TAKEAWAYS:After Utah filed felony charges against Kalshi this week, at least four major gaming operators that offer prediction markets are pulling sports and...
Salt Lake City, Utah

Raising Arizona: Utah brings 13 felony charges against Kalshi

KEY TAKEAWAYSUtah is pursuing 13 felony charges and one misdemeanor count against Kalshi, alleging an investigator was able to place sports bets on the...
St. Louis, Missouri

Kalshi sues Missouri, says cease-and-desist compliance is impossible

KEY TAKEAWAYSKalshi is the third prediction market operator to respond to a Missouri cease-and-desist notice by suing the state.The company says it cannot comply...
Arizona political contributions Kalshi

Gambling companies pour $1m into both sides of Arizona midterm races

KEY TAKEAWAYSGambling, sweepstakes, and prediction market companies sent more than $1 million to Arizona political committees this election cycle.Kalshi money reached a Democratic committee...

Event News

SBC establishes Regulatory Advisory Board

SBC forms Regulatory Advisory Board to strengthen global industry dialogue

KEY TAKEAWAYSSBC brings together leading regulatory affairs experts and industry executives to support regulatory engagement, collaboration, and knowledge-sharing across international gaming markets.The New Regulatory...
SBC Summit Europe

SBC, VNLOK partner to strengthen licensed operator participation at SBC Summit Europe

SBC and Vergunde Nederlandse Online Kansspelaanbieders (VNLOK), the trade association for licensed Dutch online gambling operators, have agreed to a new multi-year strategic partnership...
SBC Summit 2026 ribbon-cutting

SBC Summit 2026 ends record week with 40,000 attendees as event commits to Lisbon...

SBC Summit's record-breaking 2026 edition delivered growth not only in overall attendance, but across some of the industry’s most commercially important audience groups.Operator numbers...
SBC Summit Europe Amsterdam announcement

SBC Summit Europe builds on Amsterdam move with regulated markets focus

SBC Summit Europe will bring together the businesses, regulators and policymakers shaping the future of regulated gambling across the continent when it takes place...