NBA Sends Prediction-Market Partnership Proposal to Kalshi, Polymarket and Three Other Platforms
The NBA has sent deal proposals to Kalshi, Polymarket, Novig, Fanatics, and Rothera, targeting multiple tiered partnerships worth more than…
Tag: Michael Selig
CFTC Orders Kalshi to Keep Operating as New York Seeks Sports-Contract Crackdown
The CFTC ordered Kalshi to keep offering event contracts in New York on August 11, using rarely invoked emergency authority…
CFTC Order Keeps Kalshi Trading as New York Seeks More Than $36 Billion
The CFTC invoked emergency authority on August 11 to direct Kalshi to continue operating in New York, two weeks after…
Polymarket US Certifies NFL Player-Participation Contracts Before Final CFTC Rule 40.11 Action
Polymarket listed markets tied to NFL player availability for Week 1 of the 2026 season via CFTC self-certification, even as…
CFTC Brings First Alleged Insider-Trading Case Against Prediction Market Trader Over Maduro Polymarket Bets
The CFTC charged active-duty Army Special Forces Master Sergeant Gannon Ken Van Dyke with using classified intelligence about a U.S.…
CME’s Terry Duffy and Kalshi’s Luana Lopes Lara Clash at CFTC Innovation Meeting
CME Group chairman Terry Duffy and Kalshi COO Luana Lopes Lara publicly clashed at the CFTC's inaugural Innovation Advisory Committee…
CFTC Event-Contract Proposals Put Manipulation Risk at Center of Prediction-Market Rulemaking
At the CFTC's inaugural innovation advisory committee meeting on August 20, CME Group CEO Terry Duffy flagged more than 2,500…
Kalshi Seeks CFTC Approval for Equity Index and Copper Perpetual Futures
Kalshi submitted two new perpetual futures contracts to the CFTC on August 18: one tied to a U.S. large-cap equity…
New York Sues Kalshi as CFTC-State Fight Over Prediction Markets Widens
The CFTC issued an emergency order on August 11 requiring Kalshi to keep operating in New York, only the seventh…
New York Seeks to Shut Down Kalshi as $36 Billion Gambling Case Tests Federal Preemption
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating despite a New York state lawsuit…