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.

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Prediction Markets Weekly: CLARITY Act hits brick wall, Texas starts talking

As usual, there were plenty of other developments on the prediction markets front in recent days. Every Friday, SBC Americas highlights some of the...
Golden Gate Bridge in California, where Kalshi lost another court case this week

Ninth Circuit rules for California tribes in Kalshi sports betting case

Kalshi suffered another court loss this week, this time regarding its ability to offer sports event contracts on tribal land.On Wednesday, the Ninth Circuit...
An angry dog

Underdog sues Connecticut after state attacks prediction markets

Underdog has bitten another state, filing a federal lawsuit on Wednesday against Connecticut officials amid the state's recent spate of enforcement actions against the...
Connecticut cracks down on prediction markets

Connecticut expands prediction markets crackdown

Connecticut’s latest prediction markets enforcement action is not simply another warning to operators.The Connecticut Department of Consumer Protection last week issued cease-and-desist orders to...
The Illinois State Capitol

Why an Illinois legislator wants to kill new prediction market tax

Illinois' new tax on sports prediction markets is already the subject of court challenges. Now, a state legislator wants to kill the plan altogether.Republican...
Crypto.com asks the Supreme Court to rule that sports betting on prediction markets is legal

Why Crypto.com sports betting petition to Supreme Court is so ‘special’

Kalshi dominates both trading volume and legal filings among U.S. prediction markets, but Robinhood and Crypto.com could decide the industry's future after asking the...
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Prediction Markets Weekly: Football season is partnership season

Is there ever a dull week in the prediction markets space in 2026? If so, we haven't reached it yet, with last week bringing...
Could a Michigan blueprint used for a Robinhood deal be useful elsewhere?

Could Robinhood’s Michigan deal be a blueprint for states?

Robinhood will remove its sports event contracts from Michigan effectively immediately, the Michigan Gaming Control Board announced Wednesday.Just how long Robinhood remains on the...

Underdog sues states, ditches DFS licenses in prediction markets push

Underdog sued five states in federal court this week, preemptively seeking injunctions to prevent states from trying to shut down its sports prediction markets.Those...
University of Iowa baseball field, in a state where Kalshi operates its prediction market

Iowa loss for Kalshi adds to string of federal court troubles

Another Kalshi bid to preemptively stop a state from enforcing gambling laws fell short Tuesday in Iowa, as another district court judge meticulously rebutted...

Event News

SBC Summit Lisbon

SBC signs long-term agreement to keep SBC Summit in Lisbon until 2030

SBC has signed a new long-term agreement confirming Lisbon as the host city of SBC Summit through 2030, formalizing the company’s commitment to the...
Snoop Dogg revealed as SBC Summit 2027 headliner

SBC Summit Live Blog: Snoop Dogg reveal highlights final day

LISBON, Portugal — We’re back to wrap up SBC Summit on the third and final day of the biggest show in in the industry....
SBC Summit

SBC Summit Live Blog: Michael Jordan leads Day 1 in Lisbon

LISBON, Portugal -- Welcome to SBC Summit, the biggest show in town headlined by the biggest name in sports, Michael Jordan.SBC Americas Editor Adam...
SBC Summit 2026

SBC Summit returns to Lisbon for record-breaking year, headlined by historic keynotes & biggest...

SBC Summit, the betting and iGaming industry's flagship conference and exhibition, is on track to welcome 40,000 delegates to Lisbon next week for its...