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26 Oct Brazil’s runoff count exposed a sharp prediction-market misfire Lula overturned Flávio Bolsonaro’s first-round lead as Polymarket and Kalshi odds swung during the live count
25 Oct Iowa’s five-season CFP contract reaches 57% as 24-team playoff plan nears The Kalshi price rose despite a Minnesota loss, reflecting a multiyear wager whose value depends heavily on an expansion that remains unfinished.
25 Oct New York Gaming Commission seeks court order over Kalshi subpoenas The regulator wants records on sports contracts, under-21 users, advertising and ownership as it weighs potential civil penalties.
24 Oct Kalshi price on federal charges for Ilhan Omar rises to 47% after home search The Justice Department confirmed a criminal investigation but has not publicly detailed the suspected offences.
23 Oct DraftKings says DKeX reached third place in U.S. prediction markets Aldrin Research put the late-June entrant at $1.04 billion in weekly notional trades, though Kalshi and Polymarket remain well ahead.
23 Oct Phantom brings Kalshi event contracts into its U.S. wallet app Users can fund trades with the CASH stablecoin, but market categories are restricted in three states amid a continuing legal battle.
23 Oct Buena Vista Rancheria joins California tribes’ Kalshi lawsuit The court ordered talks on a potential geofencing deal as the tribes prepare to expand their complaint against Kalshi and Robinhood.
22 Oct Hegseth bans Pentagon personnel from betting on military outcomes using nonpublic information The order names Polymarket and Kalshi, warning that trades can reveal operational signals to foreign intelligence services.
22 Oct Ted Cruz plans state and tribal approval bill for gambling-linked prediction markets The proposal remains unpublished, but it would challenge federal-only oversight as courts split over Kalshi’s sports contracts.
22 Oct Most Ohio-targeted prediction markets stayed active after deadline Plus500US said it would halt sports contracts, while other platforms maintained that federal rather than state regulators oversee their businesses.
22 Oct Utah names Susquehanna market makers in Kalshi gambling lawsuit The complaint alleges that Susquehanna Government Products took the other side of Utah residents’ event-contract wagers, while also naming its parent in a rare lawsuit targeting prediction-market liquidity providers.
21 Oct Kalshi chief says prediction-market fight could reach Supreme Court Conflicting federal rulings have left sports-event contracts subject to sharply different treatment across states.