Polymarket’s MLB Promotions Run Into a Split State-by-State Legal Fight
Polymarket is running affiliate promotions through its exclusive MLB deal even as Minnesota's sports prediction market ban took effect August…
Tag: Polymarket
NYC Council Presses Polymarket, Kalshi, Coinbase and Gemini Over Prediction-Market Marketing
The New York City Council launched a formal investigation into Polymarket, Kalshi, and two crypto firms on August 12, citing…
Kalshi Prices September Fed Hold at 66% Ahead of Warsh’s Jackson Hole Speech
With the federal funds rate parked at 3.50-3.75%, Kalshi and Polymarket traders are pricing a September hold at roughly 74%,…
JPMorgan Ended Polymarket Banking Relationship During U.S. Regulatory Reset
JPMorgan Chase terminated its banking relationship with Polymarket in October 2025 over regulatory concerns, even as the prediction platform pursued…
Federal Judge Blocks Minnesota Prediction-Market Felony Law for CFTC-Registered Exchanges
U.S. District Judge Katherine Menendez issued a preliminary injunction on July 27, 2026, halting Minnesota's SF4760 ban on Kalshi, Polymarket,…
JPMorgan Cut Polymarket Banking Ties Over Regulatory Risk, Then Kept IPO Door Open
JPMorgan Chase ended its banking relationship with Polymarket in October 2025 over regulatory concerns, the Financial Times reported, even as…
New York Sues Kalshi as States Press Sports-Betting Fight Against Prediction Markets
Baltimore filed consumer protection lawsuits on Aug. 13 against Kalshi Inc. and Polymarket, alleging the platforms operate illegal, unlicensed sportsbooks…
Kalshi’s $31.5 Billion June Volume Collides With New York and Minnesota Legal Fights
Tarek Mansour, Kalshi's 30-year-old CEO, says most founder advice is "mostly trash" as Kalshi's valuation soars to $22 billion and…
CFTC Innovation Committee Meeting Puts Kalshi’s State-Law Fight Back in Washington’s View
President Trump and CFTC Chair Mike Selig are set to meet with Kalshi and Polymarket executives August 20 at the…
CFTC Scrutiny of Trump Speech Bets Puts Kalshi Mention Markets Under Pressure
The CFTC is reviewing Kalshi's "mention markets" after a former White House teleprompter operator made more than $100,000 betting on…