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North Carolina prediction-market trading passes $10 million as Cooper holds 97% odds
The Senate race has drawn $5.5 million in trading, while market signals in two House contests differ sharply from conventional race ratings and polls.
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Kalshi sues Missouri over sports-event contract crackdown
The prediction-market operator says state gambling enforcement conflicts with federal derivatives rules, while Missouri insists sports bets must be licensed and taxed.
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Sports bars use Kalshi trades to insure against short playoff runs
Chicago and New York operators are taking positions that pay when the games and crowds they rely on disappear early.
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News outlets add prediction-market partners before the midterms
CBS, CNN, CNBC and Dow Jones are among media groups bringing Kalshi or Polymarket data into political coverage, prompting scrutiny of disclosure and editorial priorities.
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Kalshi overstated primary favorites’ chances, accountability group finds
A review of 238 competitive primaries found 74 underdog wins, against 57 upsets implied by election-eve market prices.
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Wisconsin tells Seventh Circuit its sports-betting ban reaches prediction markets
The state says federal commodities law cannot displace its gambling rules, while the CFTC calls sports-event contracts federally regulated swaps.
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SEC signals prediction-market enforcement over fraud and insider trading
David Woodcock said securities-linked contracts on earnings and company metrics could draw particular scrutiny.
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Kalshi completes $1 billion raise at $40 billion valuation
The prediction-market operator plans to add single-stock perpetuals, leveraged event contracts and compute-price markets.
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Curtis and Warren seek election-market safeguards from Kalshi and Polymarket
The bipartisan senators sought details on insider trading, manipulation and consumer protections before the Nov. 3 midterms.
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Better Markets urges Tenth Circuit to uphold Utah’s Kalshi gambling ruling
The advocacy group says sports-event contracts are gambling, while a Third Circuit ruling has backed Kalshi’s federal-preemption argument in New Jersey.
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Utah brings criminal gambling case against Kalshi and its founders
The state alleges an undercover investigator placed 12 sports wagers from Utah, opening a new front in the fight over prediction-market regulation.
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Anthropic IPO bets draw tens of millions to prediction markets
Polymarket contracts on timing and valuation alone traded about $9 million after the AI company’s filing.