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AGA backs New York in fight over prediction markets
The trade group told a federal judge that sports-event contracts are gambling products in substance, not just derivatives, as the wider battle over who regulates prediction markets deepens.
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NBC says NFL season could be prediction markets’ biggest yet
Analysts see football as a near-term driver for event-contract trading, with NBC News saying volume on Kalshi and Polymarket could top $36 billion.
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ESMA says Polymarket, Kalshi lack EU authorization
The watchdog also questioned partial geo-blocks, saying event contracts can fall under securities, crypto or gambling rules depending on how they are structured.
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Kalshi brings Oddpool in-house
The prediction-market data startup was co-founded by Avi Arora and Ritesh Malpani, and its founders said talks with chief executive Tarek Mansour convinced them they could move faster inside Kalshi.
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Michigan pauses Robinhood’s new sports event contracts
The state says the company will stop taking new sports-related positions by the end of Wednesday and unwind existing ones by Oct. 9, while the wider fight over prediction markets continues.
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10th Circuit lets Utah keep enforcing gambling laws against Kalshi
The appeals court declined to pause state action while Kalshi challenges a ruling that federal law does not preempt Utah’s gambling ban.
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Small bets sway US congressional prediction markets
The Anti-Corruption Data Collective said a $3,500 wager could move almost every market it studied, and the exchanges pushed back.
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Tema launches first prediction-market ETF
The actively managed fund buys public stocks and private stakes in Kalshi and Polymarket, while steering clear of event contracts and charging 0.75% a year.
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New Mexico tribes finish bid to block Kalshi on tribal lands
The Mescalero Apache Tribe and three pueblos say the prediction-market firm’s sports contracts undercut tribal compacts and federal law, while Kalshi points to CFTC authority and a recent Ninth Circuit ruling in Nevada.
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NFL presses Kalshi and Polymarket to drop objectionable bets
The league said wagers on injuries, officiating, broadcast mentions and celebrity attendance could threaten game integrity as the 2026 season nears.
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CFTC seeks to dismiss CME's Kalshi lawsuit over bitcoin perpetual futures
The regulator says CME lacks standing and argues the court does not need to decide whether perpetual crypto contracts belong in the swaps or futures bucket.
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New Jersey asks Supreme Court to decide who regulates Kalshi sports contracts
The state wants the justices to settle a widening clash over whether prediction markets can sidestep state gambling laws when they trade on sports outcomes.