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Jefferies puts October prediction-market daily volume at record $4.13 billion
Sports contracts supplied 78% of daily trading as open interest reached $3.27 billion
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Robinhood’s event-contract revenue reaches $173 million in third quarter
Record trading of 16.4 billion contracts kept prediction markets ahead of crypto, while Rothera passed a $100 million annualized run rate.
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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.
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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.
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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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STA conference puts prediction markets on market-structure agenda
Kalshi, DraftKings and Robinhood participants will join a Washington panel as more than 900 professionals register for the meeting.
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Coinbase agrees to halt Michigan sports event contracts
The temporary deal stops new contracts and closes open positions as the Sixth Circuit appeals remain unresolved.
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PrizePicks suspends Team Picks in Missouri
The sports event-contract product remains live in 34 states, while Missouri users retain access to Culture Picks and outstanding contracts.
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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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Supreme Court leaves sports prediction-market petitions pending
The justices’ first orders list granted three unrelated cases, while responses in the New Jersey and Nevada disputes are still due this month and next.
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Kalshi opens talks with Missouri after sports-contract cease-and-desist order
The company is the first of six targeted prediction markets to respond, as a state-versus-federal regulatory fight continues.