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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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Ninth Circuit says Kalshi sports contracts on tribal lands are likely illegal gaming
Appeals panel sent the tribes’ injunction request back for further review, while leaving intact the dismissal of their false-advertising claim.
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BMLL puts Kalshi order-book history into institutional research systems
The data provider will standardise Kalshi’s historical event-contract records to the schema used for CME Event Contracts, allowing quantitative teams to backtest macro signals without bespoke API work.
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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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New York judge weighs whether federal law shields prediction markets from state gambling rules
Judge Lorna G. Schofield heard competing claims that event contracts are federally regulated derivatives or unlawful sports wagers under state law.
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Texas Senate hearing sharpens clash over Kalshi’s sports prediction contracts
Lawmakers heard competing calls for state enforcement and federal deference ahead of the next legislative session.
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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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AGA backs New York in fight over prediction markets
The trade group told a federal judge that sports-event contracts are gambling products in substance, not just derivatives, as the wider battle over who regulates prediction markets deepens.
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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.