Kalshi’s New York Appeal Remains a Preemption Fight After Second Court Denial
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating under federal rules, directly countering New…
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Polymarket’s NVDA Markets Put Single-Stock Event Contracts in the Regulatory Spotlight
Polymarket's daily Nvidia direction market opened August 11 with 66% odds on "Up" as NVDA traded near $219, ahead of…
Connecticut’s Kalshi Case Tests State Sports-Betting Power Over Event Contracts
U.S. District Judge Vernon D. Oliver rejected Kalshi's bid for a preliminary injunction in Connecticut on August 10, ruling the…
State Lawsuits Put Sports Prediction Markets on Collision Course With CFTC Rulemaking
The CFTC told federally regulated prediction markets on August 7 to stop displaying sports contracts as plus-minus moneyline odds, calling…
Kalshi and Polymarket Funding Talks Put Private Valuations Ahead of Legal Clarity
Kalshi is pursuing fresh capital at a $40 billion valuation while Polymarket seeks $1 billion at $20 billion-plus, widening the…
CFTC Sues Kentucky After State Targets Kalshi and Polymarket Sports Event Contracts
The CFTC told regulated prediction market exchanges and brokers to stop displaying event contracts in American-style moneyline odds, citing research…
State Challenges Put CFTC Authority Over Sports Prediction Markets Under Pressure
The CFTC sent letters to all regulated prediction market operators ordering them to stop displaying event contracts in American-style moneyline…
Federal Judge Blocks Minnesota Prediction-Market Ban Before August 1 Start Date
U.S. District Judge Katherine Menendez granted a preliminary injunction on July 27, 2026, halting Minnesota's SF 3432 prediction market ban…
Polymarket Fed Odds Favor September Hike as Kalshi Promo Push Meets State-Law Fight
Kalshi's traders price a September Fed hold near 64 cents even as affiliate "referral code" promos push $500 MLB bonuses,…
CFTC Tightens Event-Contract Filings as States Press Kalshi and Prediction Markets in Court
The CFTC told federally regulated prediction market platforms on August 7 to stop displaying contracts as American-style moneyline odds, citing…