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Ohio prepares lawsuits against prediction markets that ignore sports-contract orders
Governor Mike DeWine says cease-and-desist notices will be followed by court action as one operator complies and two litigate.
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ProphetX, Gemini and Webull leave Connecticut after prediction-market orders
Six other platforms remain in contact with regulators as the state presses its case that sports-event contracts are unlicensed wagering.
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Ohio orders 10 prediction markets to halt sports contracts
Cease-and-desist letters cite the Sixth Circuit's ruling that federal commodities law does not displace Ohio's sports-gaming rules
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ProphetX embeds its regulated exchange in Plaee’s operator platform
The beta integration is designed to spare distribution partners a custom technology build and the need for their own exchange registrations.
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ProphetX adds Parlay Mode for multi-leg sports trades
The dedicated interface surfaces markets with parlay quotes and keeps a single trade slip open across sports and leagues.
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Connecticut orders nine prediction platforms to halt sports contracts
State officials say the firms were offering unlicensed sports event contracts and must stop advertising, promoting and making them available to residents.
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Boom Sports adds ProphetX markets to its app
The partnership will let Boom users trade sports event contracts in-app through ProphetX’s CFTC-regulated exchange, extending prediction markets into a daily fantasy sports audience.
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Brazil orders blocks on Polymarket, Kalshi and 25 prediction platforms
The finance ministry said only contracts tied to economic benchmarks such as inflation and exchange rates may remain under financial-market rules, while sports and politics are out.
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ProphetX raises $35 million after CFTC approval
The company said the money will deepen liquidity, expand its B2B platform and build on a nationwide launch in federally regulated sports prediction markets.