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3 Oct LDS leader condemns gambling and prediction markets as ‘morally wrong’ D. Todd Christofferson told General Conference that always-available mobile betting fosters greed, debt and compulsive behaviour, particularly among young people.
3 Oct Opinion column invokes George Santos ban in warning on prediction markets The Florida State University commentary argues that personal knowledge, aggressive marketing and concentrated gains expose risks beneath the industry’s financial-exchange claims.
3 Oct DeWine says Ohio will enforce gambling laws against Kalshi sports contracts Governor’s pledge follows a Sixth Circuit ruling that let the state proceed while Kalshi’s federal-law challenge continues
3 Oct Illinois judge blocks key sports-wagering rules for Kalshi title-game contracts The preliminary order finds certain championship-outcome contracts likely qualify as federally regulated swaps, but leaves Illinois’s new transaction fees for later review.
2 Oct Kalshi builds a 41-state lobbying network amid prediction-market battles The exchange has concentrated spending in California and New York while giving more than $500,000 to attorneys general and governors’ political groups.
2 Oct Victor Wembanyama rejects prediction-market endorsements The Spurs star says money no longer drives his sponsorship decisions and he wants to promote positive messages.
2 Oct Kalshi sees no near-term EU setup despite ESMA talks Chief risk officer Udesh Jha says Europe’s fragmented rules make regulatory clarity a gradual process, not a one-step launch
30 Sep CFTC sends duelling prediction-market definitions to White House review One proposal would class event contracts as swaps, while an interim rule would exclude casino-style products.
30 Sep Kalshi traders flip to October Fed hold after softer core PCE reading The implied odds of a quarter-point October rate rise fell from 65% on Sept. 25 to 33%, while a hold became the leading outcome.
30 Sep CFTC investigates Kinzinger’s Kalshi bets on his Biden pardon The former congressman says he had no inside information and made $823 on trades tied to whether Biden would grant clemency.
30 Sep Bell Buckle debuts Prediction Vegas on Las Vegas Boulevard The 10,000-square-foot venue displays prediction-market odds as Nevada’s legal fight with Kalshi continues.
30 Sep Horsford presses Congress at G2E to curb prediction-market gambling The Nevada congressman’s bill would bar federally regulated platforms from packaging sports betting and casino-style games as financial products.