Polymarket saw $600 million in election trades after the elections were over
Millions kept changing hands long after the election outcomes were effectively settled.
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A senator tried to ban gambling on prediction markets—now she's a Kalshi lobbyist
Sen. Blanche Lincoln wrote law that let US ban sports-event contracts. She lobbies for the other side now.
NJ urges SCOTUS to rule that Kalshi sports bets are gambling, not "swaps"
Circuit split raised the odds that SCOTUS will rule on Kalshi fight against states.
Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund
The firm, 1789 Capital, led the funding round that reportedly will total around $1 billion.
Gambling on the Little League World Series? Sports bettors have gone too far
Have we tried turning off society and turning it back on again?
US tries to override New York gambling laws, orders Kalshi to keep operating
Trump admin claims New York suing Kalshi created "market emergency."
Senators demand crackdown on wildfire "prediction markets"
Fire experts warn such markets could incentivize arson.
Judge blocks first state law that would have banned prediction markets
Judge may allow Minnesota to ban some types of bets, but not all of them.
Judge rejects Kalshi attempt to override New York state gambling laws
Kalshi tried to ignore gambling laws on its prediction market, NY governor says.
Mark Zuckerberg wants Meta to launch its own prediction market
The app would be independent of Meta's other social media offerings, although sources told the NYT that those social sites could direct users to eng…
FBI says Google engineer used internal search data to win $1.2M on Polymarket
FBI: Googler who knew outcome of bets in advance made $1.2M profit on Polymarket.
Minnesota prohibits prediction markets, promptly gets sued by Trump admin
State law makes it a felony to create, operate, or advertise prediction markets.
The US is betting on AI to catch insider trading in prediction markets
The Commodity Futures Trading Commission wants us to know it's taking this very seriously.
Senators ban themselves from prediction markets after candidates bet on own races
Senator decries "blatant, brazen corruption," wants to target Trump admin next.