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Football drives Kalshi and Polymarket to record $22.2 billion week
NFL and college games produced $8.56 billion in two days as sports contracts deepen the industry’s regulatory fight.
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Kalshi falls outside Pennsylvania’s self-exclusion system, NPR profile finds
A man who had excluded himself from DraftKings and FanDuel lost more than $25,000 on the federally supervised prediction-market platform.
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Genius Sports says prediction-market demand will survive regulatory change
Chief executive Mark Locke says the company can earn from exchanges, market makers and sportsbooks even if today’s model is reshaped.
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CFTC moves to codify prediction-market rules as debate over manipulation intensifies
At its first innovation meeting, the agency sketched a three-part rulemaking agenda while industry figures argued over self-certification, consumer safeguards and whether some contracts are too easy to game.