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.

Polymarket Michigan

Polymarket shuts down sports in Michigan, following Kalshi, Robinhood, Coinbase

KEY TAKEAWAYSPolymarket US agreed to stop offering new sports event contracts in Michigan and close open positions by Nov. 25 under a federal court-approved...
CFTC Utah lawsuit

CFTC claims ‘irreparable’ injury in lawsuit against Utah after state targeted Kalshi

KEY TAKEAWAYSThe CFTC and DOJ sued Utah on Monday to block the state's gambling enforcement against prediction markets.The suit follows Utah's Oct. 20 state...
Hawaii sports betting prediction markets

How prediction markets could change Hawaii sports betting discussion heading into 2027

KEY TAKEAWAYSAloha State lawmakers are studying Hawaii sports betting, casinos, and lottery products while prediction markets already operate in the state’s regulatory gray area.Failed...
The NBA logo on a storefront

Why has the NBA chosen to work with prediction market operators, CFTC?

KEY TAKEAWAYSThe NBA announced partnerships with Kalshi and Polymarket, an MOU with the Commodity Futures Trading Commission (CFTC), and an extension of its sports...
NY Kalshi lawsuit

New York regulator sues Kalshi, alleging prediction markets operator defied subpoenas

KEY TAKEAWAYSThe New York State Gaming Commission is asking a court to compel Kalshi to comply with subpoenas investigating potential violations of state gambling...
The state flag of Louisiana and the U.S. flag

Kalshi pre-emptively sues Louisiana, noting state’s new illegal gambling laws

KEY TAKEAWAYSKalshi sued Louisiana in federal court on Oct. 23, extending the prediction markets litigation battle into Fifth Circuit territory for the first time.The...
Prediction Markets Weekly banner image

Prediction Markets Weekly: Yes, there is news outside of court

The prediction markets news cycle is not all about lawsuits, but a lot of it is. In the last week alone:Novig and Crypto.com each...
Sen. Richard Blumenthal

Blumenthal steps up VIP probe by quizzing leading sportsbooks, prediction markets

KEY TAKEAWAYSFederal lawmakers want leading online sportsbooks and prediction markets to explain their VIP programs and how they tailor promotional offers to individual users.Sen....
Sports contracts Ted Cruz prediction markets legislation

Cruz bill would shift prediction market regulation of sports to states

KEY TAKEAWAYSSen. Ted Cruz plans to introduce a bill after the midterms that would bar prediction markets from offering gambling-related event contracts, including sports,...
Man holding the state flag of Michigan, where Kalshi faces more court issues

Did Kalshi violate Michigan order by targeting ads to residents?

KEY TAKEAWAYSMichigan officials say Kalshi violated a preliminary injunction by advertising to state residents.Kalshi previously agreed to stop offering sports event contracts in Michigan...

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...