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.

Map of the USA, where Novig operates in most states

Novig relaunches as prediction markets platform in 47 states

Novig completed its latest transformation on Tuesday, this time to a sports-focused prediction market platform by launching its federally regulated exchange across the U.S.Around...
George Santos among a crowd of reporters

George Santos trades $35,000 to end CFTC probe into Kalshi activity

Former Congressman George Santos agreed to a fine of more than $35,000 to settle allegations that he illegally profited from gaming a Kalshi market...
Kalshi website on black background

Kalshi faces stunning $36 billion suit from New York AG James

Ohio regulators captured industry attention in April when they announced plans to fine Kalshi $5 million for "conducting sports gaming without a license." On...
Dachshund Underdog with piggy bank

How Underdog went from DFS startup to $1.3B prediction markets acquisition

Timing and agility dictate the success of most mergers and acquisitions, as Underdog Sports showed clearly in selling Thursday to IG Group for $1.3bn.After...
Grill with flames rising

Is Kalshi in trouble after oral arguments at Sixth Circuit court?

A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states...
Prediction Markets Weekly banner image

Prediction Markets Weekly: Appeals judge clears New York to pursue Kalshi

This week in prediction markets saw more litigation updates than most weeks, with significant court updates from Nevada, Minnesota, Wisconsin, and more, as well...
Rush Street Interactive CEO Richard Schwartz

Rush Street Interactive: prediction markets filing just contingency plan

Rush Street Interactive's CEO confirmed Wednesday that the company applied for designated contract market (DCM) registration with the Commodity Futures Trading Commission (CFTC).However, Richard...
University of Wisconsin banner

CFTC denied preliminary injunction in Wisconsin, judge says case ‘makes no sense’

The Commodity Futures Trading Commission (CFTC) failed in its initial attempt to block Wisconsin's efforts to shut down prediction market platforms in the state.The...
Minnesota bridge by night

Minnesota prediction markets injunction: 3 key takeaways from order

Friday's preliminary injunction barring Minnesota from implementing its unique law banning all prediction markets chalks another tally for Kalshi, Polymarket and the Commodity Futures...
A padlock on a fence

Why Kalshi finally gave up its fight to stay in Nevada

Kalshi agreed Friday to fully shut down its operations in Nevada after admitting that people in the state were still able to access its...

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...