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13 Oct IG chief challenges prediction-market volume claims as court fight nears Breon Corcoran says revenue, rather than notional turnover, is the relevant measure while IG prepares for a possible adverse Supreme Court ruling.
13 Oct CBS News puts Kalshi prices alongside midterm polling The network will use its prediction-market sponsor’s data in election-night coverage despite broad public opposition to betting on elections.
12 Oct Football drives Kalshi and Polymarket to record $22.2 billion week NFL and college games produced $8.56 billion in two days as sports contracts deepen the industry’s regulatory fight.
12 Oct Kalshi gets Nov. 9 deadline in Supreme Court sports-contract dispute The extension comes as states, the NFL and other amici urge the justices to preserve state authority over sports wagering.
11 Oct Talarico remains Texas Senate favorite on prediction markets after illness absence Kalshi and Polymarket continued to price the Democrat ahead of Ken Paxton, while voter surveys ranged from a Talarico lead to a tie.
11 Oct a16z highlights research finding no systematic partisan tilt in prediction markets A century-spanning analysis found an essentially zero partisan coefficient, while a non-U.S. exception was not statistically significant.
11 Oct Google bars prediction-market advertising in Connecticut The immediate restriction makes Connecticut the fifth U.S. state excluded from Google’s prediction-market advertising programme.
11 Oct South Korean police send more than 20 Polymarket users to prosecutors Gangwon investigators booked about 30 people and plan to seek indictments in every confirmed case.
11 Oct Blanche Lincoln lobbies for Kalshi after seeking curbs on sports event contracts The former senator’s firm has received $480,000 since 2024 as it urges exclusive federal oversight of prediction markets.
10 Oct Polymarket odds tighten sharply in Los Angeles mayoral race Raman held a 52% to 49% market edge over Bass before their final Oct. 13 debate, despite polls still showing divergent views of the contest.
10 Oct CFTC proposes swap status for event contracts while excluding sportsbook wagers The two-rule package seeks to separate federally regulated prediction markets from casino-style gambling amid a deepening court fight.
10 Oct Oklahoma tribal gaming group says prediction markets threaten compacts Association points to a $221 million annual exclusivity-fee system as it challenges sports-event contracts outside tribal-state gaming agreements.