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…
Tag: Polymarket
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…
Prediction Market Promo Codes Move Into Sportsbook Affiliate Channels Ahead Of NFL Season
Kalshi, Polymarket, and Fanatics are all distributing promo codes through sports media affiliates simultaneously, using near-identical bonus structures. The convergence…
Kalshi and Polymarket Push NFL Promos as Sports Prediction Markets Face State Legal Tests
Both Kalshi and Polymarket are deploying media-partner promo codes ahead of the 2025-26 NFL season, a user-acquisition push that sits…
CFTC Prediction-Market Proposal Collides With State Gambling Fight After Minnesota Injunction
The CFTC told regulated prediction-market platforms on August 7 to stop displaying contracts with American-style moneyline odds, requiring compliance by…
Kentucky Lawsuits and Minnesota Injunction Put Sports Prediction Markets Back in Court
The CFTC sent a letter August 7 ordering regulated prediction market platforms to stop displaying American-style betting odds, citing deceptive-practices…