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Baltimore sues Kalshi and Polymarket over sports bets
The city says the prediction markets disguised wagering on games, spreads and player stats as lawful event contracts.
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NYC Council zeroes in on prediction market ads aimed at young users
Letters to Polymarket, Kalshi, Coinbase and Gemini Titan ask how the platforms market event contracts, how much they pay influencers and whether their promotions mislead New Yorkers.
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Polymarket hires growth chief and reshapes marketing before fall trading surge
The prediction-market company is rebuilding its growth, compliance and risk teams after scrutiny of its promotional tactics, while betting on NFL and election-season traffic this autumn.
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Nine senators press the CFTC to rein in wildfire bets
The lawmakers warned that prediction markets on fires could encourage arson, profit from disaster and raise public-safety risks, and they asked for answers by 14 August.
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Polymarket seeks more than $20 billion valuation as revenue surges
The prediction-market platform has seen trading volumes and annualised revenue climb after opening its U.S. exchange.
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Judge blocks Minnesota’s prediction market ban
Katherine Menendez said the challengers were likely to succeed on pre-emption claims, keeping Kalshi and Polymarket US live in the state for now.