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CME chief calls sports prediction contracts gambling
Terrence Duffy urged crypto to concentrate on tokenization and market efficiency while questioning prediction markets’ informational value and resistance to manipulation.
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Better Markets urges Second Circuit to preserve New York’s power over Kalshi sports contracts
The advocacy group argues that Kalshi’s event contracts are gambling, while the CFTC maintains that federally regulated prediction markets fall under its exclusive authority.
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Prediction markets see low near-term odds of Jensen Huang leaving Nvidia
Kalshi’s market-implied odds rose after concerns intensified and Huang admitted an affair, while Kalshi and Polymarket traders still placed a departure this year or early next year well below even odds.
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Tomorrow Recycling completes regulated cardboard-price hedge on Kalshi
The recycler used contracts tied to a federal price index after years of sharp swings in the value of recovered cardboard.
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Kalshi hires Empire Consulting Group for federal prediction-market lobbying
The filing targets the CFTC, Congress and the White House as event-contract regulation faces a widening policy fight.
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Kalshi’s proposed college-admissions markets face criticism over student gambling
An editorial board and admissions experts say contracts on acceptance rates could deepen applicant anxiety and turn education into speculation.
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SEC publishes Kalshi plan for faster IPO-linked perpetual futures listings
The proposed standards would permit eligible securities to support perpetual futures as soon as the second business day after an IPO.
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On-chain review weakens, but does not settle, Senate-bet insider claims
A history of large, high-risk wagers and one trade possibly made after a poll release complicate allegations over Nebraska and Michigan contracts.
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Tesla-SpaceX merger market sees 9% odds of a year-end announcement
Longer-dated contracts remain far more optimistic as special committees examine a proposed transaction
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Democratic sweep puts prediction markets in Congress’s sights
Kalshi and Polymarket face the prospect of tougher oversight after an election that underscored their political reach.
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DraftKings pulls Utah prediction contracts after Kalshi charges
Financial contracts remained available, while existing positions in sports, political and novelty markets were left to settle normally.
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Polymarket puts Netanyahu exit by June 2027 at 68% as Eisenkot seeks coalition
Short-dated contracts rose sharply, but low recent trading makes the market prices vulnerable to a small number of bets.