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New York sues Polymarket, which counters with federal challenge
The state says sports event contracts amount to unlicensed gambling, while Polymarket says its products are federally regulated derivatives.
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Polymarket sues New York to block state regulation
The filing followed Attorney General Letitia James’s same-day lawsuit accusing the prediction-market platform of promoting illegal gambling.
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Yahoo Finance ends Polymarket data partnership after removing prediction hub
Polymarket will remain an advertising partner across Yahoo, while the companies say they are open to similar collaborations.
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Illinois legislator seeks repeal of new prediction-market sports tax
HB 5811 would remove Illinois’s levy on sports-related exchange wagers less than three months after it took effect.
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Missouri orders six prediction markets to halt sports event contracts
Attorney General Catherine Hanaway says the platforms are operating unlicensed sports wagering and must secure state licences or stop serving Missourians.
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Underdog sues Connecticut over sports prediction-market orders
The company says federal commodities law pre-empts state gambling enforcement, while Connecticut says sports betting requires a state licence.
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Genius Sports says prediction-market demand will survive regulatory change
Chief executive Mark Locke says the company can earn from exchanges, market makers and sportsbooks even if today’s model is reshaped.
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NFL prediction trading tops $1.035 billion as Kalshi dominates
Patriots-Seahawks and 49ers-Rams each drew more than $100 million as Week 1 trading spread well beyond the opening games.
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NFL, tennis and the Fed lift prediction markets to $14.1 billion
Combined volume rose 9.3% in the Sept. 7-13 week as sports contracts and a Fed rate bet dominated trading.
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Prediction markets lift Clarity Act odds before Senate vote
Polymarket and Kalshi traders marked up the crypto bill, though Democrats still face a 60-vote cloture hurdle and a longer road to final passage.
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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.